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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... during the first nine months of the year. Personal income tax (PIT) was below target by 763 million
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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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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 months of the year compared to a surplus of 4.53 billion in the same period last year, according... at a deficit of 7.01 billion euros. The budget primary balance for the same time last year came
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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 (MoF) budget execution bulletin for September showed on Thursday. The primary surplus was below its
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Development model questioned again amid reaction to luxury resort go-ahead
PoliticsGreek Politicsof the development model promoted by the New Democracy government. On Saturday PM Kyriakos Mitsotakis spoke... brings a new model of value-added development to the area, pointing to the heavy investment
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Many obstacles to clear in Greece's digital leap
EconomyFeaturesIndex (DESI), and 60th out of 100 countries included in the World Economic Forum’s “Readiness... it ranks bottom in the EU in the DESI index with a score of 8.3 pct compared to the EU average of 12.5 pct... average of 96 pct according to the DESI index. The average mobile internet speed of 41 Mbps puts
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Newsletter 275 -27/11/2020
a ten-year plan for the transformation of the Greek economic model. The report includes radical changes to tax policy, social insurance and the education system in order to move to a more extrovert model.... Aggregate PIB expenditure came to 7.01 billion, overshooting the target by 2.28 billion. Overall, the PIB
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Govt hints at more relief measures as opposition lambasts electricity bill fixes
PoliticsGreek PoliticsSokratis Famellos accused New Democracy of introducing a “Frankenstein” model of piecemeal solutions which
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Athens eyes implementation of name deal as Skopje homes in on NATO membership
PoliticsForeign PolicyAccord of 1995). The amendments have always been added at the end of the text copying the US model. What... needs to notify with a note verbale both Athens and the United Nations that the Prespes Agreement
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The first cut is the deepest? Greek pension reforms in context
EconomyFeaturesgovernment figures have been drip-feeding hints of a post-MoU relaxation to a desperate domestic.... It is worth asking whether this is the right model for the future. Sadly, there is very little indication
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