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Budget deficit of 6.38 bln in Aug confirmed; target beaten due to one offs
EconomyMacroeconomyThe budget primary balance was confirmed at a deficit of 6.38 billion euros in the first eight months of 2021, compared with a deficit of 5.48 billion in the same period last year, the final Finance Ministry (MoF) budget execution data showed on Monday....
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VAT and income taxes buoy revenue performance as primary surplus target is beaten in Sep
EconomyMacroeconomyThe budget primary balance in September was confirmed at a surplus of almost 6 billion euros, compared to a surplus of 52 million euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Wednesday....
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Mitsotakis lets budget measures sink in as he mulls presidential pick
PoliticsGreek PoliticsThe measures announced in the budget appear to have hit the mark with New Democracy lawmakers, who met with Prime Minister Kyriakos Mitsotakis on Tuesday in a pre-holiday gathering. The PM later told ERT TV that he would not be announcing his candidate ...
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When will Greek banks operate as credit institutions again?
Agoradebtors, the so-called Tiresia index. Any registration on this index has dire consequences
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Credit contraction decelerates to 0.9 pct in April, net additions climb to 659 mln
EconomyMacroeconomy. The positive flow in April is almost entirely attributed to corporate sector net additions of 763... positive for the third successive month, with net additions climbing to 763 million in April
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Tsipras faces lenders' wall in Brussels as political tension grows in Athens
PoliticsGreek PoliticsA new round of marathon talks are due to take place in Brussels on Thursday after a failure to reach an agreement on Wednesday. Prime Minister Alexis Tsipras held two sets of talks totalling about six hours with European Commission president Jean-Claude...
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Effort to unite PASOK and Potami seems to have hit a wall
PoliticsGreek PoliticsThe project to unite PASOK and To Potami in order to create a dynamic third force in Greek politics with the potential to be a key governing partner or kingmaker appears to be in danger of collapsing. Only a few days after the leaders of the two parties...
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Are Chinese investments starting to hit a wall in Germany?
AgoraFor two successive years, China has been Germany’s most important trading partner. In 2017, the trade volume between both countries reached 186,6 billion euro. Germany’s second most important trading partner was The Netherlands with 177 billion euro, fo...
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Newsletter 269 -16/10/2020
shows deficit of 7.01 bln September figures show decline in revenues On a monthly basis, net revenues... primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared
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Newsletter 271 -30/10/2020
at 7.01 bln September figure confirmed as missing target by 9.58 billion euros The budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus
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