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  1. Budget primary shows deficit of 7.01 bln in September
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The 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

    100%

  2. Podcast - Long live the revolution: The legacy of Greece's 1821 war of independence

    Agora

    Greece 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

    63%

  3. General govt primary cash deficit at 7.01 bln in Sept, arrears up by 113 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’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

    56%

  4. Budget primary shows deficit of 7.01 bln as revenues suffer in September

    EconomyMacroeconomy

    The 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

    49%

  5. Back from the brink: What next for Greece's property market?
    Photo by Giannis Papanikos/Fosphotos

    EconomyFeatures

    news was that US investment fund Fortress was in talks to take on a 90 million euro bank loan from... to be kept in mind according to Stelios Bouras, journalist and editor of The Greek Guru, a site which

    43%

  6. Greece's post-lockdown hubris
    Photo by MacroPolis

    Agora

    any hints to passengers and passers-by of the exceptional circumstances. Signage in parks... reform and which had only recently trumpeted the appointment of a digital marketing guru to burnish

    37%

  7. Greece aligns with EU on Israel-Iran conflict, keeps close watch on Turkey as Ankara submits maritime plans

    PoliticsForeign Policy

    the impact of the ongoing conflict on energy security. “We urge all parties involved to exercise maximum... this Tuesday in an extraordinary meeting of his EU counterparts called by EU top diplomat Kaja

    30%

  8. PM hits back at labour reform critics, defends 13-hour working days
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    employers under strict conditions, which include a maximum of three days per month, employee... - an admission that hints at disillusionment even within the ruling party’s base. The poll paints

    22%

  9. Eurobank first to tackle NPL reduction via APS
    Photo by MacroPolis

    EconomyBanking

    the 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

    17%

  10. Stournaras presents debt relief plan with maximum benefits for Greece, minimum cost for lenders
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    During a speech at the Delphi Economic Forum on Saturday, Bank of Greece (BoG) governor Yannis Stournaras presented the outcome of an exercise conducted by the central bank showing that mild debt relief in the form of smoothing interest payment for EFSF...

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