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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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Lavrov visit yields little for Athens, which denies Iranian bank veto
PoliticsForeign Policydefied the EU and the US on sanctions for Iranian Bank Sederat. According to analysts, this stance could... evidence to back up its claim that the Iranian bank was carrying out illicit activities. The Greek
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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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Draghi sets out QE obstacles facing Greece
EconomyProgrammeEuropean Central Bank president Mario Draghi confirmed on Monday that Greece has little chance..., Draghi re-emphasised that Greek bonds could only be part of QE if they continue to have a waiver... enhanced surveillance doesn’t warrant a waiver,” said Draghi, indicating that once Greece completes its
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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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Athens looks to Draghi for positive signals on debt relief
PoliticsGreek PoliticsIt was mentioned almost as an afterthought. Mario Draghi, the European Central Bank President... purchasing bonds. Thank you.” The timing of Draghi’s remarks could not have been more critical... willingness to tackle a couple of reforms.” Athens would rather focus on comments like Draghi’s than
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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 steps up effort to bolster relations with Iran
PoliticsForeign Policypredecessor Evangelos Venizelos visited the Iranian capital in 2014. Then, Venizelos was seeking to see how... are Iranian forces that have been deployed in Syria. Facing its own challenges from the Syrian war... in the energy sector and, more specifically, to re-start Iranian oil supplies. There is also a Greek
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Newsletter 121 - 02/06/2017
effect. Speaking to MEPs in Brussels on Tuesday, ECB president Mario Draghi said the he “regretted...,” he said. “That’s the only thing that is needed at this point in time.” Draghi warned that “QE... is almost attributed to corporate sector net additions of 763 million outpacing household lending deductions
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Hope of economic, trade benefits drive Tsipras's landmark visit to Iran
PoliticsForeign Policyhis government to tap into the Iranian market. Other European countries have also shown an interest... the agreement of Hellenic Petroleum (ELPE) to buy oil from the National Iranian Oil Co. will pave the way in the near future for the Iranian company to buy a share of ELPE. Greece, however, is not the only
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