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Budget primary shows deficit of 7.01 bln in September
EconomyMacroeconomyThe budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus of 4.47 billion noted in September 2019, the final Finance Ministry (MoF... payment to support the enterprises of about 864 million euros, paid by the Ministry of Finance (transfers
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A snapshot of Greek banks' ABS as ECB readies for next move
Economypurchase of asset-backed securities (ABS) as well as euro-denominated covered bonds issued by eurozone... from the Bundesbank and the German Finance Ministry. Greek banks hold at the moment securitizations... of August. It would be odd if the ECB relaxes its criteria for the ABS and covered bonds purchases
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Athens ties up prior actions, IMF hints at programme role
PoliticsGreek Politicssoon after Parliament approved the package of measures agreed with Greece’s creditors. Finance Minister... the latest amendments. The finance minister added that the government has written to the institutions... of eurozone finance ministers, unlike last month. This was interpreted in Greece as a sign that some
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Govt hints at more relief, as economy and inflation jostle with pandemic as top public concerns
PoliticsGreek Politicstakes on an increasingly urgent hue. The Energy and Finance Ministries are in talks to assess the need... line from the PM’s office and the Finance Ministry is that despite the worsening epidemiological
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General govt primary cash deficit at 7.01 bln in Sept, arrears up by 113 mln
EconomyMacroeconomyGreece’s general government (gg) primary cash deficit came to 7.01 billion euros in the first nine... to the Finance Ministry’s (MoF) monthly gg bulletin. In the underlying subcategories, the biggest year... at a deficit of 7.01 billion euros. The budget primary balance for the same time last year came
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Moscovici hints at possibility of shelving 2019 pension cuts, riles opposition
EconomyProgrammeDuring his visit to Athens on Tuesday, European Economic Affairs Commissioner Pierre Moscovici seemed to suggest that Greece might not have to implement the pension cuts that have been lined up for next year. When questioned about this issue after a meeting with Greek Finance Minister Euclid
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Govt hints at more relief measures as opposition lambasts electricity bill fixes
PoliticsGreek Politics, which beat budget targets by a wide margin, Alternate Finance Minister Theodoros Skylakakis told Skai
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Budget primary shows deficit of 7.01 bln as revenues suffer in September
EconomyMacroeconomyThe budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus of 4.47 billion noted in September 2019, the preliminary Finance Ministry... million euros, paid by the Ministry of Finance (transfers category) and the expenditure
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New team at Finance Ministry tasked with familiar old juggling act
PoliticsGreek PoliticsDrasi, founded by Konstantinos Mitsotakis’s former finance minister Stefanos Manos, and has led...Finance minister was the toughest job in any government during the bailout years, but it’s also... tasked his finance chief, Christos Staikouras, with introducing legislation to Parliament before
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Podcast - Long live the revolution: The legacy of Greece's 1821 war of independence
AgoraGreece is celebrating the 200th anniversary of its war of independence, which began in 1821 and allowed Greeks to free themselves of Ottoman rule and oppression, and form their own nation-state. To mark this occasion, we spoke to Sakis Gekas, the Hellenic Heritage Foundation (HHF) Chair of Modern
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