Search
-
Newsletter 325 - 28/01/2022
included in the draft budget for 2022 at the end of November by 2.62 billion euros. The total... and the total deficit at 11.52 billion euros, at 6.7 pct of GDP. Having accumulated deficits over... sector incomes, at 799 million euros; and some reduced VAT rates for a total tax reduction of 2
24% -
Eurosystem funding falls by 978 mln in Nov, banknotes increase for fourth month
EconomyMacroeconomy, the Bank of Greece's (BoG) monthly financial statement has revealed. As of the latest month, the total... the total to 9.52 billion. The fall this month in Eurosystem funding reverses an increase in funding of 974... of total liquidity at 77.8 percent, having overtaken ELA funding in April of this year. In November
24% -
Greece on way to 2013 primary surplus as budget outperformed targets by 3.85bn euros to August
Economybillion. Moreover, a Jan-Aug primary surplus of 1.36 billion and a budget deficit of 4.0 billion... mark for a second consecutive month, with the Jan-Aug figure landing at 30.5 billion euros, down 7.6... compared to last year (mainly reflecting last year’s PSI), resulted in a higher cut of total
24% -
Revenues beat target for third straight month, put primary surplus in sight
EconomyInvestment Budget (PIB) revenues of 2.2 billion. Nevertheless, a Jan-Sep primary surplus of 1.12..., remaining above the 4-billion mark for a third consecutive month, with the Jan-Sep figure landing...), resulted in a higher cut of total expenditure by 17.2 percent yoy to 38.62 billion. The PIB
24% -
Mitsotakis defends his record against backdrop of tough migration package
PoliticsGreek PoliticsPlevris, was refused entry to eastern Libya for negotiations. The measures include a three-month... Mitsotakis of resorting to anti-migration policies to deflect from the failure of foreign policy in Libya... migration flows did not meet the high bar set in international law for the suspension of human rights
24% -
Is Greece facing a new migration crisis?
Societythousand people were landing on the beaches daily. A total of 9,656 people arrived in Greece... in Greece out of the total 1,152,653 migrants who arrived in the country since the beginning of 2015... on the Greek islands in a single day, and almost twice that many landed daily at the peak
24% -
Budget starts 2025 strongly, registers 2-bln-euro surplus
EconomyMacroeconomymillion euros, below the target by 585 million. PIB expenditure was 473 million euros, above target by 202 million. Overall, the PIB balance landed at a deficit of roughly 400 million euros.
23% -
Unpaid contributions rise to 33.86 bln as more legacy debtors added
EconomyMacroeconomyshort of 1.4 million. Most debtors, 49 percent of the total, owe less than 5,000 euros for a total... at 382,650, representing a rise of 86,911 from the previous quarter. The relevant amount rose by 859 million
23% -
Learning the lessons of Greece's toxic decade
Agoraof the vote in total and 251 seats in the Parliament formed after the October 2009 elections. The Communist... percent of GDP by the end of 2014. Given that the deficit in 2009 landed at roughly 35 billion euros... the negotiations with the lenders and by selecting Prokopis Pavlopoulos, the interior minister during 2004-2009
23% -
General govt primary cash surplus at 1.98 bln in March, arrears rise by 62 mln
EconomyMacroeconomy) and local governments (+30 million). Since the start of the year, total arrears have risen by 177 million... million euros) and state budget (+32 million euros). At 28.2 percent of the total, SSF arrears made up... of the total debt. In the other underlying subcategories, T-Bills edged down by 6 million to 15.27
23%