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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

    100%
  2. 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

    63%
  3. 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 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

    56%
  4. Deposits drop by 607 mln in July, led by corporate savings
    Photo via https://flic.kr/p/j1gHCm

    EconomyMacroeconomy

    The net private sector deposits in the Greek banking system shrunk in July with a drop of 607 million euros, after a 3.83-billion-euro jump in June, according to the latest Bank of Greece (BoG) figures released on Wednesday. The annual growth in July was 2.7 percent year on year (YoY), from 2.9

    49%
  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

    46%
  6. Helped by trading gains, Eurobank posts 305 mln in Q1 profits
    Photo by MacroPolis

    EconomyBanking

    Eurobank posted an adjusted net income of 305 million euros in the first quarter of 2022 (Q1), compared to a profit of 72 million euros last year. Core pre-provision income (PPI) rose by 10.4 percent year-on-year (YoY) in Q1 to 240.4 million euros, with 62.1 million euros of loan loss provisions

    46%
  7. Budget execution shows primary surplus of 711 mln, 503 mln ahead of target

    EconomyMacroeconomy

    euros (from 4.6 billion before) and budget deficit of 607 million (from 1.55 billion). The upward... period. This implies an average figure exceeding 1 billion per month. Although the April figure of 763

    34%
  8. From the National Energy and Climate Plan to COP26: What has Greek climate policy learned?

    Society

    pronouncements at the COP26 summit, ongoing negotiations over EU policy instruments, and hints on the content... to subsidise domestic gas boilers and build new regional distribution networks. All of this is important... been to turn back the clock with the introduction of measures which subsidise the existing fossil fuel

    31%
  9. Mitsotakis hints at post-election policy tweaks to address economic concerns
    Image: https://x.com/kmitsotakis

    PoliticsGreek Politics

    is a cap on the number of days a year that homes can be let on Airbnb-type platforms in areas like

    27%
  10. Deposit flow remains negative for the second straight month with outflows of 390 mln in November

    EconomyMacroeconomy

    , which posted inflows of 794 and 607 million respectively. The breakdown by depositor type displayed

    23%