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Economic relief eyed as Greece launches fourth round of lockdown easing
PoliticsGreek Politicsthat mean there can only be one customer for every 2 square metres and no more than six people in total... applications since May 20, taking the total for both rounds to more than 7 billion euros so far. Also... their temperature taken electronically before boarding vessels. On board, they will have to maintain
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BoG governor renews calls for launch of bad bank and ESM use
EconomyBankingsecuritisations under the code name Cairo I and II, with a total value of 7.5 billion euros. The applications... in total. Last week, Eurobank submitted the final arm of its securitisation, Cairo III... the sole Greek systemic bank to have taken up the scheme.
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Covid-19 takes toll on budget as primary deficit widens to 4.80 bln in May
EconomyMacroeconomythan the target of 18.74 billion euros. The MoF said that this was due to the impact of measures taken to eliminate the negative effects of the coronavirus pandemic. State budget total revenues stood... months of the year, total expenditure came to 23.52 billion, overshooting the target by 2.27 billion
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Rise in "imported" Covid-19 cases a source of jitters for tourism industry
PoliticsGreek Politics-and-trace system for visitors. Since the beginning of the pandemic, Greece has recorded a total of 3,622 cases and 193 deaths in a population of under 11 million. A total of 355,190 tests have been... but subsequently denied that any breaches had taken place while he was present. Tourism Restrictions on travel
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Budget primary shows deficit of 5.86 bln in June, target shortfall widens to 6.18 bln
EconomyMacroeconomyeuros. The MoF said that this was due to the impact of measures taken to eliminate the negative effects of the coronavirus pandemic. State budget total revenues stood at 21.37 billion euros, lower than..., total expenditure came to 28.23 billion, surpassing the target by 2.70 billion. The MoF said
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Budget primary deficit of 7.46 bln confirmed for July as revenues sag
EconomyMacroeconomybudget total revenues stood at 26.68 billion euros, which is 3.74 billion euros or 12.3 percent lower... year, interest payments stood at 3.64 billion. During the first seven months of the year, total... to reduced economic activity as a result of the coronavirus pandemic, and the impact of measures taken
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Budget primary confirmed at deficit of 5.48 bln in August
EconomyMacroeconomyto reduced economic activities in light of the pandemic. State budget total revenues stood at 33.38... of the year, total expenditure came to 39.73 billion, surpassing the target by 4.39 billion. The MoF said... in the Stability Program submitted to the EC on April 30, 2020, which contains the measures taken
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Microsoft deal welcomed as Greece vies for more foreign investments
EconomyFeatureswill be around 500 million euros, while the project's total footprint could reach 1 billion euros... and increase the share of ICT specialists to 2.3 percent of total employment, adding extra value of 1.1... of Thessaloniki to create up to 100 jobs. Amazon, Ebay, Volkswagen, Pfizer and Tesla have also taken
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Budget primary shows deficit of 7.01 bln as revenues suffer in September
EconomyMacroeconomy, was mainly due to the reduction in economic activity due to the pandemic, the impact of measures taken to eliminate its negative effects and increased tax refunds. State budget total revenues stood at 37.59.... During the first nine months of the year, total expenditure came to 44.77 billion, surpassing
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Budget primary shows deficit of 7.01 bln in September
EconomyMacroeconomydue to the reduction in economic activity due to the pandemic, the impact of measures taken to eliminate its negative effects and increased tax refunds. State budget total revenues stood at 37.59..., interest payments stood at 4.60 billion. During the first nine months of the year, total
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