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  1. Primary cash balance at deficit of 9.04 bln in October

    EconomyMacroeconomy

    to a surplus of 5.74 billion noted in October 2019, the preliminary Finance Ministry (MoF) budget

    2%

  2. Central government debt increases by 1.99 bln to 364.86 bln in Q3

    EconomyMacroeconomy

    Greece’s central government debt increased by 1.99 billion euros to 364.86 billion euros quarter-on-quarter (QoQ) in the third quarter (Q3) of 2020, from 362.87 billion euros in the previous quarter, the Finance Ministry's (MoF) debt bulletin showed on Thursday. The current QoQ change is the fourth

    2%

  3. Revised 2021 budget sees bigger contraction, slower recovery and support of 31.4 bln euros
    Photo by MacroPolis

    EconomyMacroeconomy

    With Greece having completed two weeks of general lockdown and as Covid-19 data continued to cause alarm, Finance Minister Christos Staikouras tabled to Parliament on Friday the final 2021 budget, which was substantially revised from the draft document submitted at the start of October. The impact

    2%

  4. RRF proposals and Pissarides report chart direction of travel for post-pandemic Greece
    Photo by MacroPolis

    PoliticsGreek Politics

    that the final version has been reworked considerably with input from the government’s finance team

    2%

  5. GDP grows by 2.3 pct QoQ in Q3 and drops by 11.7 pct YoY as services exports crash
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent YoY. The Ministry of Finance’s revised 2020 budget expects private consumption to fall by 7.6

    2%

  6. General govt primary cash deficit of 9.07 bln in October, arrears drop by 250 mln

    EconomyMacroeconomy

    Greece’s general government (gg) primary cash deficit came to 9.07 billion euros in the first ten months of the year compared to a surplus of 5.64 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%

  7. New tax debt at 4.94 bln to October, jumping by 1​.04 bln month-on-month as debtors rise
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    collectability rate came to 74.1 percent with 1.01billion paid out of 1.37 billion due. The Finance

    2%

  8. Newsletter 277 -11/12/2020

    Newsletters

    period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin. In the underlying

    2%

  9. EU Council boosts recovery fund hopes, falls short on Turkey

    PoliticsGreek Politics

    on the details. These discussions are due to be completed in a couple of months. The Finance Ministry has

    2%

  10. Budget primary shows deficit of 13.81 bln in November, above target by 1.48 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The budget primary balance recorded a deficit of 13.81 billion euros in the first eleven months of 2020, compared to a surplus of 6.95 billion noted in November 2019, the preliminary Finance Ministry (MoF) budget execution bulletin for November showed on Wednesday. The primary balance was above its

    2%