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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

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  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

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  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

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  4. 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

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  5. Greek coalition left with bailout exit conditions it wanted to avoid
    Photo by MacroPolis

    PoliticsGreek Politics

    at 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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  6. Tax wedge for single, married Greeks well above OECD average

    EconomyMacroeconomy

    the 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

    38%

  7. For better or worse: Greece's bailout exit deja vu
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    Every 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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  8. Unemployment rate remains in single-digit territory for Nov, at 9.6 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . Despite minor fluctuations in recent months, the current single-digits rate is Greece’s lowest since

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  9. Newsletter 271 -30/10/2020

    Newsletters

    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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  10. Revenues at 4.77 bln in Oct, beating target for fourth straight month

    Economy

    to the targets being beaten over the last four months, even though there is a steady increase in unpaid...The final budget execution to October confirmed preliminary figures, released by the Ministry of Finance (MoF) on November 13, showing revenues beating monthly targets by 763 million euros

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