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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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Newsletter 177 -05/10/2018
with the argument that Athens has put forward, which is based on the better health of its public finances and the fact that the 2017 primary surplus target was beaten, a performance... of social security contributions for the self-employed and a programme to subsidise
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Newsletter 352 - 23/09/2022
, the SYRIZA leader also put forward a plan to subsidise rents for young Greeks but he also stated his... as the targets up to August were comfortably beaten, by close to 6 billion euros. Revenues were 5.7 billion... conditions for a potential upgrade to the investment grade is not put into doubt. This underlines
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Newsletter 62 - 12/02/2016
Pensions remain central issue Positive hints from Eurogroup as IMF calls for more measures... rose by 11.3 percent followed by mining and quarrying (+9.6 percent) and manufacturing (+3.3... unaffordably generous” and unsustainable since the Greek budget subsidises the pension system
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VAT and income taxes buoy revenue performance as primary surplus target is beaten in Sep
EconomyMacroeconomymillion. Overall, the PIB balance landed at a deficit of roughly 3.3 billion euros. Greece has also
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Industrial production up by 3.3 percent in December
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) rose by 3.3 percent year-on-year (YoY) in December following a revised increase of 8.9 percent in November, Hellenic Statistical Authority (ELSTAT) data... strong overall. The closure of customers after strict coronavirus restrictions were put in place caused
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Newsletter 398 - 20/10/2023
was soundly beaten by Dimitris Kouretas, a candidate put forward by centre-left PASOK and supported by main... within its own ranks. Despite the defiant spin put on the results, the outcome was a chastening one... that this sense of malaise does not set in as it will put his government on the back foot, perhaps
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