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  1. New tax debt up by 222 mln MoM in April, total for year at 2.44 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    data were currently unavailable for April 2020. The Finance Ministry reported tax revenues of 13.22

    2%
  2. General govt primary cash deficit at 5.48 bln in June as tax revenues fall

    EconomyMacroeconomy

    Greece’s general government (gg) primary cash deficit came to 5.48 billion euros in the first six months of the year compared to a surplus of 1.70 billion in the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin. In the underlying subcategories, the biggest year

    2%
  3. Budget deficit balloons to 8.2 bln euros in July amid measures linked to pandemic
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance widened substantially in July to 8.2 billion euros, from a deficit of 6.10 billion euros in the first six months of 2020, preliminary Finance Ministry (MoF) budget execution data showed on Wednesday. This means the primary deficit rose by 34 percent in just one month

    2%
  4. Primary cash deficit at 8.10 bln in July

    EconomyMacroeconomy

    of 6.10 billion euros in the first six months of 2020, preliminary Finance Ministry (MoF) budget execution

    2%
  5. Central government debt increases by 1.04 bln to 362.87 bln in Q2
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s central government debt increased by 1.04 billion euros to 362.87 billion euros quarter-on-quarter (QoQ) in the second quarter (Q2) of 2020, from 361.83 billion euros in the previous quarter, the Finance Ministry's (MoF) debt bulletin showed on Wednesday. The current QoQ change

    2%
  6. High number of Covid-19 cases puts strain on government
    Athens Airport metro

    PoliticsGreek Politics

    tied itself in knots over the prospective coronavirus vaccine. On Thursday, Finance Minister

    2%
  7. Retail sector struggles through pandemic
    Photo by MacroPolis

    EconomyFeatures

    (ESEE) recently met with the Minister of Finance, Christos Staikouras, to request additional support

    2%
  8. Budget primary deficit of 7.46 bln confirmed for July as revenues sag
    Finance Ministry

    EconomyMacroeconomy

    The budget primary balance recorded a deficit of 7.46 billion euros in the first seven months of 2020, compared to a surplus of 1.76 billion noted in July 2019, the final Finance Ministry (MoF) budget execution bulletin for July showed on Thursday. The primary surplus was below its target by 8.63

    2%
  9. Insolvency code, 'second chance' for debtors unveiled as ND eyes social impact of crisis
    Photo by MacroPolis

    PoliticsGreek Politics

    and the poor tourism season works its way through the economy. Speaking to Thema Radio on Thursday, Finance

    2%
  10. GDP falls by 14 pct QoQ in Q2 and by 15.2 pct YoY to reach historic low
    Photo by Manolis Tsafos/Fosphotos

    EconomyMacroeconomy

    QoQ and by 11.6 percent YoY. In light of the coronavirus pandemic, the Ministry of Finance revised its

    2%