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  1. Budget primary shows deficit of 7.01 bln in September
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The 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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  2. Podcast - Long live the revolution: The legacy of Greece's 1821 war of independence

    Agora

    Greece 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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  3. Draghi sets out QE obstacles facing Greece
    Photo by MacroPolis

    EconomyProgramme

    European Central Bank president Mario Draghi confirmed on Monday that Greece has little chance..., Draghi re-emphasised that Greek bonds could only be part of QE if they continue to have a waiver... enhanced surveillance doesn’t warrant a waiver,” said Draghi, indicating that once Greece completes its

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  4. General govt primary cash deficit at 7.01 bln in Sept, arrears up by 113 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’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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  5. Athens looks to Draghi for positive signals on debt relief
    Photo by ECB via Flickr https://flic.kr/p/qhZVDy

    PoliticsGreek Politics

    It was mentioned almost as an afterthought. Mario Draghi, the European Central Bank President... purchasing bonds. Thank you.” The timing of Draghi’s remarks could not have been more critical... willingness to tackle a couple of reforms.” Athens would rather focus on comments like Draghi’s than

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  6. Budget primary shows deficit of 7.01 bln as revenues suffer in September

    EconomyMacroeconomy

    The 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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  7. Development model questioned again amid reaction to luxury resort go-ahead

    PoliticsGreek Politics

    of 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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  8. Newsletter 121 - 02/06/2017

    Newsletters

    effect. Speaking to MEPs in Brussels on Tuesday, ECB president Mario Draghi said the he “regretted...,” he said. “That’s the only thing that is needed at this point in time.” Draghi warned that “QE... is almost attributed to corporate sector net additions of 763 million outpacing household lending deductions

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  9. Newsletter 275 -27/11/2020

    Newsletters

    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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  10. Govt hints at more relief measures as opposition lambasts electricity bill fixes
    Photo via https://flic.kr/p/5Wq2VT

    PoliticsGreek Politics

    Sokratis Famellos accused New Democracy of introducing a “Frankenstein” model of piecemeal solutions which

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