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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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Record FDI flow into Greece raises bar, but is it sustainable?
EconomyFeatures, the government has set the bar at 7-8 billion euros, with almost 5 billion already secured in H1, which
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Bar on extreme right party triggers developments across political spectrum
PoliticsGreek Politicsthe leftist party in Parliament for having “dignity” in not seeking to bar his party. The comments
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Mitsotakis raises bar for EP vote success as fringe parties and abstention hold key to result
PoliticsGreek Politics’s MeRA25 fall below the threshold. By setting the bar for success at 9 seats, Mitsotakis is both
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The quarterly national accounts from the income side
Agora2021), we commented on the current government’s reported policy plans to subsidize, in various ways... for mergers and scale economies, instead of a government subsidized incentive. As a result... durable, and a sustainable policy for Greece as it endeavors gradually to lower debt and converge
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Stock taking: Where is the Greek economy now?
Agoraof national income than in the EU-19, why does the government believe it needs to subsidize businesses... are probably transient and passing, and which ones are more durable and structural. It is the latter that do
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Producer prices rise marginally by 0.1 pct YoY as all components bar energy increase
EconomyMacroeconomypercent, durables up by 0.9 percent and non-durable consumer goods up 1.8 percent YoY.
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