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Primary cash balance deficit at 13.45 bln in November
EconomyMacroeconomyeuros. The aggregate figure for the first eleven months of the year showed that revenues fell by 7.01
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Signs of recovery, improved tourism season visible in Sept budget data as revenues beat target by 943 mln
EconomyMacroeconomyThe budget primary balance up to September landed at a deficit of 5.96 billion euros, compared with a deficit of 7.01 billion in the same period last year, the preliminary Finance Ministry (MoF) budget execution data showed on Friday. The primary balance was above the target in the 2022-2025 Medium
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Primary cash deficit reduced to 5.72 bln in Sept as revenues climb
EconomyMacroeconomybillion euros in the first nine months of 2021, compared with a deficit of 7.01 billion in the same
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Despite sharp increase in Dec, current account deficit improves markedly in 2025 to 14.11 bln
EconomyMacroeconomyto 7.57 billion euros in December, from 7.01 billion last year. At the same time, total exports came
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Among euro area SMEs, Greeks face most problems with access to finance
EconomyAlmost one third of Greek small and medium-sized enterprises (SMEs) named “access to finance” as the most pressing problem, according to an ECB survey on this subject conducted between April – September 2014. The Greek SME rate (32 percent) is by far th...
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Overhaul of energy market among tasks looming for government
EconomyProgrammeOn top of the fiscal policy measures and pension reforms the new government has to work on in the next few weeks, it also has to meet key deliverables in the energy sector over the coming months as part of its commitments in the third bailout programme....
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Privatisation of power transmission firm ADMIE a key challenge among prior actions
EconomyProgrammeThe privatisation of the electricity transmission company (ADMIE) is one of the thirteen prior actions Greece has to implement by December 11 to unlock the next sub-tranche of 1 billion. According to the third memorandum of understanding (MoU) signed wi...
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Some basic products in Greece among most expensive in EU
SocietyGreece remains the second most expensive country in the EU – after Cyprus – for milk, cheese and eggs, one of the nine categories of goods out of 13 that are above average EU prices, according to new data from Eurostat. Overall, however, the EU’s statis...
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Lenders flag up minimum wage, trade union law among issues to be examined in next review
EconomyProgrammeIn a 21-page report that was submitted by the institutions to the Labour Minister Giorgos Katrougalos at the end of June and was leaked by Greek daily Eleftheros Typos on Sunday, the country’s lenders detail their proposals on the labour market reforms,...
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Greek demographic ratios among the worst in Europe
SocietyAccording to a new report by the Berlin Institute for Population and Development, Greece is set to have one of the worst population demographics in Europe by 2050. The report highlighted the findings of Eurostat’s population data, which projects that by...
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