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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

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  2. 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... at a deficit of 7.01 billion euros. The budget primary balance for the same time last year came...). No month-on-month change was noted for extrabudgetary funds. Tax refunds rose by 101 million MoM, and state

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  3. 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

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  4. Survey reveals opinions around Greek shipping cluster's potential
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyFeatures

    of private sector initiatives to boost the competitiveness of the Greek shipping cluster.... indirect multiplier effect. The survey identified 3,391 companies as part of the shipping clusters

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  5. 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

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  6. Credit contraction stable at 1.6 pct in Feb, net deductions drop to 101 mln

    EconomyMacroeconomy

    The rate of credit contraction in the Greek market remained stable at 1.6 percent in February, Bank of Greece (BoG) figures showed on Monday. Meanwhile, net deductions significantly slowed to 101 million euros in February from 885 million in the previous month and 295 million a year ago

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  7. Economic sentiment reaches 101 pts in Dec, highest in more than 3 years
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) had one of its most marked improvement of 2017 in the final months of the year, when it edged up by 2.6 points to 101 from 98.4 in November, European Commission (EC) figures revealed on Monday. December was the second time that sentiment crossed the 100-mark

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  8. Economic sentiment drops to 101 in October, consumer confidence rises by 6.6 points
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) fell by 0.3 points to 101 in October compared to September, European Commission (EC) figures revealed on Tuesday. Sentiment has stayed above the 100-point mark for seven consecutive months now. The latest month’s reading is the lowest since March this year, when

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  9. Spain’s economic recovery languishes amid graft scandals

    Agora

    Catalonia would be out of the euro and the European Union, whereas the Catalan president, Artur Mas, cites the people’s will to proceed. Thus, the Spanish and the Catalan governments have found...”, says Luis María Anson, an analyst and columnist of El Mundo newspaper. Josep Ramoneda, a Catalan

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  10. Greek, Turkish FMs keep ties on even keel as OSCE cooperation pays off
    Image: https://flic.kr/p/2p19AJt

    PoliticsForeign Policy

    new secretary general and Greece’s Maria Telalian as the head of Office for Democratic Institutions and Human Rights (ODIHR). “The distinguished jurist Maria Telalian, who has served for many years

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