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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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Greece most socially unjust country in EU, study finds
SocietyGreece remains the most socially unjust country in the European Union, mainly because of the ravages of the crisis, according to a recent study by the Bertelsmann Foundation. In its Social Inclusion Monitor Europe (SIM) report for 2015, the foundation ranked Greece 28th out of 28 countries based
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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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Public sector capital stock in Greece and the Euro-19
AgoraCapital is a key input in the production function of a country’s economy. It makes another crucial factor, namely labor, more productive if such capital is efficient (quality) and sufficient... both in the quantity and quality of labor, and in the quantity and quality of the capital stock
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Media
No image availableback Into crisis 29/12/14 Capital Radio, Spain Syriza ganará las elecciones en coalición por un... imagem 02/07/2015 Financial Times Capital controls squeeze a suffocating Greece economy 01/07/2015 Al... 06/02/2015 Capital Radio Lo del BCE es política 05/02/2015 Bruegel ECB collateral damages on Greece
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ECB tests find negligible capital shortfalls at Greek banks
Economy(Eurobank) appearing to have a capital shortfall and even in that case it being less than 18 million euros. The test comprises of two main pillars for the identification of bank’s capital shortfalls. The first is an Asset Quality Review (AQR), with a capital benchmark of Common Equity Tier 1 (CET1) of 8
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Athens concerned but silent as Trump administration criticises Europe, lines up Ukraine talks
PoliticsForeign PolicyLike every other European capital, Athens is watching on with concern as US president Donald Trump aims to begin Ukraine peace talks with Russia while excluding the European Union from any... Affairs Kaja Kallas. The meeting took stock of the latest contacts with US and Ukraine officials
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Greek bank capital increases: A breakdown of what has been achieved
Economycapital increase this month, raising 2.5 billion on May 9. The transaction was reportedly two times... the announcement of capital needs by the Bank of Greece (BoG). They completed capital increases of 1.2... by international investors. The four banks conducted capital increases without the participation
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