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  1. Budget primary surplus at 3.16 bln in December, missing target for full year by 443 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    . For 2018, revenues stood at 2.64 billion, below the target by 1.22 billion euros. Of the total... of the total PIB expenditure, 3.60 billion came from co-funded sources while 2.64 billion stemmed from... billion euros and was below target by 611 million. Net revenues came to 50.96 billion euros, under

    18%
  2. Greece in danger of repeating familiar mistakes with Golden Dawn
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    percent of Greeks who cast ballots, 426,025 in total, did so in favour of the party led by Adolf

    18%
  3. General gov't cash surplus sees large contraction in Jan-Feb, arrears edge up

    EconomyMacroeconomy

    of total arrears. These two gg entities also recorded the highest rise in arrears year to date at 300... budget arrears increased by a modest 9 million MoM to 144 million (3.7 percent of total), while local governments’ arrears remained almost stable at 239 million (6.2 percent of total). In contrast

    17%
  4. From pipe dreams to power cables: the changing map of Greece's energy ambitions
    Photo via https://flic.kr/p/bwZLC3

    Agora

    of its natural gas demand and 47 percent of its total energy needs with imports from Russia, making...” which supported the original NECP. Overall, the total generation capacity of almost 80 GW (roughly four... advisor, Nikos Tsafos, who posted recently on LinkedIn, “that’s why we are so keen to expand our

    17%
  5. Erdogan's Hagia Sophia move adds to complexity, uncertainty of Greek-Turkish relations
    Photo via https://flic.kr/p/4nRWya

    PoliticsForeign Policy

    the danger of treating the Hagia Sophia issue as a Greek-Turkish one. It is not, it is not even an EU..., bilateral cooperation between EU-Turkey on the refugee/migrant issue and developments related to Libya... violation of the arms embargo in Libya, according to a high-ranking EU official. There is a growing

    17%
  6. After signing EastMed pipeline pact, Athens aims to tackle Turkey challenge

    PoliticsForeign Policy

    memoranda with the Tripoli-based government in Libya. Officials in Athens stress, however... following Turkey's intervention in Libya, the message to Ankara in the joint statement they issued... in Libya presents a dangerous threat to wider regional stability.” The statement also noted

    17%
  7. Quiet summer in Greek-Turkish relations not seen lasting
    Photo via https://flic.kr/p/2marG7P

    PoliticsForeign Policy

    , in the upcoming EU Summit. Libya Libya is another issue that is of major concern to Greek diplomats. Libya’s Prime.... Even though the meeting focused more on Turkey’s economic “return” to Libya for the country’s... from the international community. The political situation in Libya will remain fluid and it is quite

    17%
  8. Regional airports deal represents biggest privatisation yet for Greek government
    Photo by MacroPolis

    Economy

    adjusted to the consumer price index, which brings the total consideration to 2.15 billion at current..., Mytilini, Mykonos, Samos, Skiathos. In 2013, these airports served a total of 19.1 million passengers..., HRADF has completed 18 privatization projects in the last 3 years with total proceeds of 5.36 billion

    17%
  9. Unpaid taxes keep rising, tax audits short of targets

    EconomyMacroeconomy

    . The outcome of tax audits on high wealth individuals showed collected taxes at 40.5 percent of total... temporary audits correspond to 73.9 percent of total. The full target is set at 65 percent, implying... increase in the cumulative debt reflects payments against ‘old’ debt, which amounted to 852 million so

    16%
  10. Travel balance increases by wide margin in June from last year's tourism collapse
    Photo by MacroPolis

    EconomyMacroeconomy

    . Visitor numbers from these countries were negligible in June 2020. In total, arrivals from the EU 27... year. In total, arrivals showed a drop of 20.4 percent in the first half of the year and came... to 790.7 million euros for the month, increasing by 852 percent year-on-year (YoY). Travel payments

    16%