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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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Mission chiefs pick up fifth review baton as Greece mulls new bond issue
EconomyProgrammeGreek government officials are due to begin meetings with the institutions’ mission chiefs on Wednesday as part of the fifth enhanced surveillance review, which Athens hopes will pave the way for its three fiscal demands to be met later this year. The mission chiefs take on the baton from
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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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Spain’s economic recovery languishes amid graft scandals
AgoraCatalonia would be out of the euro and the European Union, whereas the Catalan president, Artur Mas, cites the people’s will to proceed. Thus, the Spanish and the Catalan governments have found...”, says Luis María Anson, an analyst and columnist of El Mundo newspaper. Josep Ramoneda, a Catalan
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Opposition irate over watchdog briefing as govt hints at "rogue network" behind surveillance
PoliticsGreek PoliticsDemocracy polling short of an outright majority in the upcoming elections, this may also explain why
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Eurobank first to tackle NPL reduction via APS
EconomyBankingthe bids submitted by Pimco and doValue on behalf of Fortress for 80 percent of Eurobank’s licensed... on the website euro2day.gr on Tuesday afternoon, the doValue-Fortress bid was considered a stronger bid... Fortress earlier in November. The bank had previously been in exclusive negotiations with PIMCO until
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ND presents united front at anniversary event, but factional tensions lurk
PoliticsGreek Politicsclosely by political observers and opposition parties for hints as to the mood and the state of relations... views on issues such as migration or cabinet appointments, even when he is polling strongly... of improper relations with the media and with polling companies. On Wednesday, the left-wing daily
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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... to all political parties that what’s good for the pension pot could spell disaster at the polling
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