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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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The first cut is the deepest? Greek pension reforms in context
EconomyFeaturesgovernment figures have been drip-feeding hints of a post-MoU relaxation to a desperate domestic... breakdowns allow us to see more granular patterns. [Source: IDIKA, Ilios bulletins (for consistency
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Crumbling Greek pension system threatens big fiscal gap, budget derailment
Economyfund. According to the latest bulletin from the Computer Centre for Social Security Services (IDIKA.... Insurance Organisation for the Self-employed (OAEE) IDIKA data shows that OAEE grants 367,603... OAEE pension cost. Agricultural Insurance Organisation (OGA) According to IDIKA, OGA pays a total
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Spending on pensions down by 30.9 mln in December
EconomyMacroeconomyThe Labour Ministry's Computer Centre for Social Security Services (IDIKA) published recently..., with a corresponding fall of 30.9 million euros in pensions amounts paid out. IDIKA monitors monthly...). It should be noted, however, that the regional GDP’s used by IDIKA to generate the figures are based
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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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Labour Ministry publishes latest pension breakdown
EconomyMacroeconomyThe Labour Ministry's bulletin of the Computer Centre for Social Security Services (IDIKA) published on Sunday for the first time since the summer of 2015. The bulletin showed that a total of 4.55... pension cost for social security funds stands at 28.11 billion, or 16 percent of GDP. The IDIKA
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Pensions spending stable but early retirees burden system
EconomyMacroeconomyThe Labour Ministry's Computer Centre for Social Security Services (IDIKA) recently published a report from the Unified System of Control and Pension Payments (ILIOS), which estimates pension... percent). Τhe regional GDP data used by IDIKA is based on the year 2013 using Hellenic Statistical
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Pension outlay still falling, 40.4 pct of main monthly payments below 500 euros
EconomyMacroeconomyThe Labour Ministry's Computer Centre for Social Security Services (IDIKA) most recent report from the Unified System of Control and Pension Payments (ILIOS), which estimates pension payments...) and eastern Macedonia and Thrace (18.9 percent). Τhe regional GDP data used by IDIKA is based on the year 2013
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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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