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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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Greek coalition left with bailout exit conditions it wanted to avoid
PoliticsGreek Politicsat the back burner – all factors that the coalition wanted to avoid for domestic reasons. Eurogroup..., appear short of what the government wanted to boost its chances of winning over enough MPs to emerge
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Tax wedge for single, married Greeks well above OECD average
EconomyMacroeconomythe 34 OECD countries with the tax wedge for an average single worker at 40.4 percent. This is more than... that for a single worker, which is attributed to the child-related benefits and tax provisions. In contrast, the tax wedge for a family with children in Greece stands 3 pp above that for the single worker
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For better or worse: Greece's bailout exit deja vu
AgoraEvery single organisation around the world that assessed the debt deal Greece was granted on June... tax rates and investment spending if targets were beaten. All crisis governments had first-hand... a fiscal gap of 1.1 percent of GDP, or 2 billion euros. This meant that if Samaras wanted to close
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Unemployment rate remains in single-digit territory for Nov, at 9.6 pct
EconomyMacroeconomy. Despite minor fluctuations in recent months, the current single-digits rate is Greece’s lowest since
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Newsletter 271 -30/10/2020
bill whereas ND wanted it to be passed through Parliament with minimum fuss because of the sensitive... 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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ND in danger of being blown off course by farming subsidy scandal
PoliticsGreek Politicsto plead the case of a local olive farmer who was in danger of missing out on a legitimate subsidy
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