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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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Greece grapples with second Covid-19 wave as cases soar
Societystood at 41 cases, pointing to the beginnings of a second wave. A combination of locals on holiday plus..., reflecting that unlike the first wave, the second wave was being driven by younger people. By the beginning of August, Greece was clearly experiencing its second wave. Indicative of the speed of the new wave
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Storm fallout sweeps PM to crucial juncture early in second term
PoliticsGreek Politicsis run. This was a narrative built in part on the successful response to the first wave of Covid in 2020... in Thessaly as only four of the 12 Super Pumas that Greece possesses are in a condition to fly
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First-wave champion Greece stumbles at vaccine roll-out
AgoraAfter suppressing the first wave of Covid-19, Greece was regularly cited as an exemplar in tackling the pandemic. Now in its fourth wave, low vaccination coverage is proving to be the country’s... for deaths, both below the EU average. Greece is currently battling the fourth wave of Covid-19
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Newsletter 271 -30/10/2020
wrong, the timing is also inappropriate because of the fears about a new wave of non-performing... at 7.01 bln September figure confirmed as missing target by 9.58 billion euros The budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus
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Greeks less optimistic in face of second Covid-19 wave, survey finds
Societyduring the second coronavirus wave, shows a more sober outlook, with increased levels of sticking... the virus or getting a vaccine on the market. Greece weathered its first coronavirus wave in spring... in the grip of a second, harsher wave. As of October 11, a total of 22,358 cases have been traced around
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Bridge scheme activated as banks look to avoid second-wave NPL increase
EconomyBankingcompared to a milder single-wave economic scenario. During the first wave, it was anticipated that new red loans would reach 5 billion euros. However, as the second, harsher wave grips the country
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