Search
-
Tsipras freshens up cabinet, looking for balance with party and lenders
PoliticsGreek Politicsthe government, with another 11 leaving office. The cabinet is also slightly larger than the last one, which had..., ministry. The prime minister was unable to maintain the same balance with another key party figure, Nikos Fylis, who refused any other position than Education Minister, which he had held since September
25% -
Travel balance of 4.19 bln in H1 beats 2019 as tourism sector leaves pandemic behind
EconomyMacroeconomypandemic. Most notably, June’s balance is even higher than the 2.36 billion euros of June 2019...Greece’s travel balance recorded a surplus of 2.42 billion euros in June, from 1.19 billion euros in May, according to Bank of Greece (BoG) data released on Monday. June’s balance was significantly
25% -
OPEKEPE scandal remains sore point for government despite wayward inquiry
PoliticsGreek Politics. This vendor fragmentation meant no single authority could guarantee data integrity when processing... of the committee's proceedings, as well as fears about the loss of EU subsidies, suggest that the issue
25% -
Greece cheaper than average for majority of categories except food, most expensive for communications
Societyas postal services and the internet. The country came in 57.6 percent higher than the EU average... prices were 5.2 percent higher than the EU average, ahead of Germany and the Netherlands. In other areas, Greece emerged with lower than average prices. Housing costs and prices in Greece came
25% -
Newsletter 228 -15/11/2019
as voluntary departures. In the aggregate period, the employment balance showed 161,869 more hirings than..., a full 0.5 percent lower than the government’s 2020 budget target, and 2 percent for 2021, with long.... A breakdown of amounts owed showed that 79 percent of debtors owe less than 15,000 euros each
25% -
June deposit outflow rises to 7.58 bln as total balance drops to lowest in 12 years
EconomyMacroeconomycorresponding to a sharp drop by more than 26 percent on the end-November balance of 164.3 billion. Almost... in May, according to the Bank of Greece (BoG). The outstanding balance fell further to 122.23 billion, which is the lowest reading in more than 12 years, since November 2003. In addition, June outflows
25% -
Inflation and economic bounce boost tax revenues as Jan-Apr budget primary balance beats target by 1.65 bln
EconomyMacroeconomyThe budget primary balance for the first four months of 2022 was confirmed at a deficit of 799... to the final Finance Ministry (MoF) budget execution data released on Wednesday. The primary balance... by 699 million euros. The budget balance up to April came to a deficit of 3.32 billion euros, from
25% -
VAT, income taxes lead budget outperformance as primary balance deficit eases to 1.16 bln in Jul
EconomyMacroeconomyThe budget primary balance for the seven months of 2022 came to a deficit of 1.16 billion euros... Finance Ministry (MoF) budget execution data released on Thursday. The primary balance beat... billion euros. The budget balance up to July came to a deficit of 4.59 billion euros, from a 12.52-billion
25% -
Budget primary balance to Aug beats target by almost 6 bln as VAT, income and property taxes drive revenue outperformance
EconomyMacroeconomyThe budget primary balance for the first eight months of 2022 came to a small surplus of 20 million... to the final Finance Ministry (MoF) budget execution data released on Monday. The primary balance beat... by 5.7 billion euros. The budget balance up to August came to a deficit of 4.1 billion euros, from
25% -
Budget primary balance to Nov beats target by 1.15 bln as taxes outperform
EconomyMacroeconomyThe budget primary balance for the eleven months of 2022 came to a deficit of 1.09 billion euros.... This means that the primary balance now beats the target by 1.15 billion euros. The overperformance up... investment budget, came to 47.63 billion euros. Net revenues reached 53.43 billion euros. The budget balance
25%