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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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Appealing to dual audiences compounds mixed messages from SYRIZA
PoliticsGreek Politicslack of absolute coherence within the party, the dual message being broadcast by SYRIZA reflects
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Strong response to dual bond transaction takes 2021 debt issuance to 14 bln
EconomyGreece’s debt manager successfully completed the fifth syndicated transaction of the year through a dual transaction of the re-opening of the existing 5-year bond due February 2026 and the 30-year that was maturing in January 2052. Both bonds were initially issued earlier in the year. Overall
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Kasselakis offers more hints of a positive narrative for SYRIZA's post-Tsipras era
PoliticsGreek Politicsof Tsipras’s record in government, offending some of the party’s old guard. In the course
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Athens encounters problem in effort to foster Greek-Albanian talks
PoliticsGreek PoliticsJohannes Hahn nor High Representative of the European Union for Foreign Affairs and Security Policy... minister also appeared to question the “emotional” reaction Athens had to a response from Hahn to a New Democracy MEP. In his correspondence to the Greek parliamentarian, Maria Spyraki, Hahn noted
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PM hits back at labour reform critics, defends 13-hour working days
PoliticsGreek Politicsnews.” He clarified that the provision already exists for dual employment and is now extended to single... - an admission that hints at disillusionment even within the ruling party’s base. The poll paints
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Greece gets new finance minister but old guard dominates cabinet reshuffle
PoliticsGreek PoliticsEnding days of speculation, the new Greek cabinet was named on Monday, with Eurobank economist Gikas Hardouvelis being appointed Yannis Stournaras’s successor at the Finance Ministry. Hardouvelis’s appointment was by far the most notable. There was no c...
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