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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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Greece - Some structural macroeconomic arithmetic
Agorato 0.7 percent a year. Let us round this to a range between ½ to ¾ percent a year. This is much... emerges? We can give some hints at this, too. Consider fiscal policy. Greece has signed up... growth are intuitive, but measuring their size is not easy—they are not directly observable
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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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Newsletter 448 - 24/01/2025
opportunities for Greece in the new global environment. He said it was important to let the dust...." The labour market faces challenges, particularly for women and youth. Despite a 1.1 pps increase...), after a 1.1 pct increase in October. Manufacturing revenue was down by 5.3 pct, with mining
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Mitsotakis hints at post-election policy tweaks to address economic concerns
PoliticsGreek Politicsis a cap on the number of days a year that homes can be let on Airbnb-type platforms in areas like... let platforms. Existing legislation already gives the government powers to set limits within certain
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Will centre-left let go of past to grasp change?
Agorabeen trying to heal over the last few years. Insularism The old guard has not been willing to let go
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Athens ties up prior actions, IMF hints at programme role
PoliticsGreek Politicsdebt relief. He warned deputies that they should not let this happen by failing to vote through
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CPI rises again in November, at accelerating rate of 1.1 pct
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) rose by 1.1 percent in November, accelerating from the 0.7... for the 12-month period from December 2016 to November 2017 was 1.1 percent. The core index edged up... by 1.1 percent in November following a rise of 0.5 percent in October. The main driving force behind
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