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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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Turkey's Aegean moratorium eases tension as Berlin tries to foster talks
PoliticsForeign Policymonth. The announcement was made on Tuesday by Recep Tayyip Erdogan’s spokesman, Ibrahim Kalin in an interview with CNN Turk. Kalin reportedly said that Turkey’s President has told his aides to “put... to the table if talks are held. Kalin said that “we are ready to speak about all bilateral issues with Greece
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Athens stands by Israel, hopes for de-escalation
PoliticsForeign Policythat are reflected in their joint statement. Foreign Minister George Gerapetritis was in Oman on Monday... that within the framework of the Council in Oman along with his EU counterparts the main aim... in Oman, it is also clear that Athens is in favor of finding ways that will prevent a widespread
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Notable increase in grants to social security sector leads to budget primary deficit in Nov
Economytheir targets by 806 and 994 million respectively. At the same time, the 11-month budget deficit.... Despite the notable over-performance by 806 million in November, the December total revenue figure
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Budget primary shows deficit of 13.75 bln in November
EconomyMacroeconomybillion euros, above the aggregate target by 806 million euros. The monthly primary balance... in the aggregate period, as mentioned, 806 million euros or 2 percent above than the target of 41.32
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Athens calibrates domestic and diplomatic response to Iran war as tension with Turkey resurfaces
PoliticsGreek Politicsfrom Israel, the UAE, Oman and the West Bank. A C‑130 brought 91 people from Abu Dhabi; 93 were flown out of Oman; 42 were moved from the West Bank to Egypt; and 27 young athletes from Aris were
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Athens takes stock after PM's first talks with Erdogan, Balkan leaders
PoliticsForeign Policyas Deputy Minister of Foreign Affairs responsible for migration, Selim Kiran. Also, Athens and Berlin
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