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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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Draft budget sees stronger growth, fiscal targets being met
EconomyMacroeconomyfrom the Medium Term Fiscal Strategy (MTFS), led by 1.1 percent growth in private consumption and a 1...) is estimated to increase by 1.1 percent, following a 1.2 percent rise in 2017. Fiscal estimates
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New Omicron measures met with exasperation by business and scepticism from opposition
PoliticsGreek PoliticsGeorgiadis argued that any kind of lockdown over the holidays would not be met with compliance. Reaction Even the limited restrictions announced on Monday have been met with protestations from
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Coalition sees key targets met in debt deal but opposition has holes to pick
PoliticsGreek Politicsthat the coalition met one of its key targets, which has not always been the case during its negotiations
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Greece - Some structural macroeconomic arithmetic
Agoraemerges? 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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Athens concerned but silent as Trump administration criticises Europe, lines up Ukraine talks
PoliticsForeign Policy". Vance also met with the leader of Germany’s extreme right AfD, ahead of the elections next week... Affairs Kaja Kallas. The meeting took stock of the latest contacts with US and Ukraine officials
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Greece gets close-up view of rapidly changing US foreign policy position
PoliticsForeign Policy-permanent member of the United Nations Security Council for the 2025-2026. A few days later, he met... talks with the EU’s High Representative Kaja Kallas, provoking further frustration to Brussels
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