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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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Tax chief's departure brings coalition revenue plans under scrutiny
PoliticsGreek Politicsgovernments have tended to relax tax collection measures in the build-up to elections. While Theoharis quit... euros. #Greece new unpaid taxes at €763 mln in Apr (from €1.21 bln in Mar) & at €4.33 bln year
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The republic without a government
Agoraof such unease, a new model, under the term KoKo, has been introduced, primarily by the SPD. It seeks... that the option of a KoKo is being considered leads back to the political earthquake that took place..., KoKo, a minority government and new elections now form part of the political vocabulary
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In Spain, the best generation is in danger of becoming the lost generation
Agorain Spain but not now. Laura, 25 and unemployed for one year, voices her pessimism about her future... in a bustling bar in Madrid’s bohemian neighbourhood of Malasaña, Laura and her friend Sara talk about... and earning undeclared money,” says Laura. “Others, those who bet all their savings on moving to the UK
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Eurobank first to tackle NPL reduction via APS
EconomyBankingthe bids submitted by Pimco and doValue on behalf of Fortress for 80 percent of Eurobank’s licensed... on the website euro2day.gr on Tuesday afternoon, the doValue-Fortress bid was considered a stronger bid... Fortress earlier in November. The bank had previously been in exclusive negotiations with PIMCO until
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Greece prepares to relax lockdown amid concerns about toll on economy
PoliticsGreek PoliticsThe government was preparing on Friday for a relaxation of Covid-19 restrictions as the virus numbers continue to improve and businesses grow warier of the impact from a prolonged lockdown. Speaking in Parliament on Friday, ahead of a meeting of the sci...
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Top EU prosecutor lambasts anti-corruption efforts, calls for reform to bring ex-ministers to justice
PoliticsGreek PoliticsLaura Kövesi, the chief prosecutor directing several investigations into the misuse of EU funds in Greece, said her office would not be deterred from getting to the bottom of corruption scandals like... investigations. In a press conference on Thursday morning, Laura Kövesi said she had had constructive
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