Search
-
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
100% -
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
63% -
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
56% -
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
49% -
Government outlines plans for rival port to Piraeus in strategic partnership with US
PoliticsGreek Politicsto upgrade the port of Elefsina, west of Athens, as a rival to the COSCO-owned port of Piraeus. The issue... the range of its activities on the site from shipbuilding to include trade, logistics, port, energy... step forward. The plan would transform Elefsina into a major logistics centre with a container port
45% -
Piraeus Port Authority lays out major development plans
EconomyFeaturesPiraeus Port Authority (PPA) on Monday unveiled its ambitious 10-year investment plan, involving an estimated 500 million euros in investments. The plan, titled “Master Plan of the Port of Piraeus... and municipality. The envisioned developments involve a substantial redevelopment of the country’s main port
43% -
US-China port spat gives Athens taste of diplomatic challenges ahead
PoliticsGreek Politicsthe ownership of Piraeus port, highlighting the risks posed by the Greek government’s growing... the government unveiled US-inspired plans for a logistics and energy hub at the port of Elefsina..., contributing to the port’s further development. Speaking to Ant-1 TV last week, Guilfoyle had described COSCO’s
41% -
Piraeus Port Authority announces profit increase for 2015
EconomyBankingThe Piraeus Port Authority (PPA) has released its annual financial statement for 2015, showing post-tax profits of 23.8 percent. The port authority, which represents the largest seaport in Greece... repaid its social security obligations to the government to the tune of 14 million in 2015. The port
39% -
HRADF declares international consortium highest bidder for 67 pct stake in Thessaloniki Port
Economybidder for the acquisition of a 67 percent stake in Thessaloniki Port Authority (OLTH). This marks the second port privatisation in Greece after the acquisition of Piraeus Port Authority (OLP) by COSCO... Holdings International, the largest public port operator in China, which holds the remaining 49
36% -
Three investment groups table binding offers for Thessaloniki Port
Economyon Friday three binding offers for the acquisition of a 67 percent stake in Thessaloniki Port Authority... of container terminals. It is involved in 30 terminal concessions and port development projects in 20 countries... euros for the 67 percent stake in Piraeus Port Authority (OLP) corresponded to a premium of 70 percent
34%