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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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Development model questioned again amid reaction to luxury resort go-ahead
PoliticsGreek Politicsof the development model promoted by the New Democracy government. On Saturday PM Kyriakos Mitsotakis spoke... into to the local economy over ten years. The developers promise to create 1,000 jobs in the construction phase... brings a new model of value-added development to the area, pointing to the heavy investment
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Revenues at 4.77 bln in Oct, beating target for fourth straight month
Economyof October from 4.0 billion a month ago. The ten-month balance outperformance reflects higher PIB... in October resulted in a ten-month minor surplus, eliminating the high shortfall of previous months... short of ten-months targets) meeting annual targets. The key catalysts for the fiscal performance
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Down but not out: Golden Dawn rears its head again
Agoraas spring boards – a model seen at work in Antwerp, the base of Belgium's far right Vlaams Belang..., Golden Dawn saw its power drop by about two percent. Interestingly, the decline stopped as party... the government of not actually being interested in bringing alleged criminals to justice, but rather intent
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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... at a deficit of 7.01 billion euros. The budget primary balance for the same time last year came... euros, bringing the total figure to a deficit 53 million euros. The equivalent figure for the same
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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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Newsletter 275 -27/11/2020
a ten-year plan for the transformation of the Greek economic model. The report includes radical changes to tax policy, social insurance and the education system in order to move to a more extrovert model... in changed targets The budget primary balance recorded a deficit of 9.07 billion euros in the first ten
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Newsletter 269 -16/10/2020
encouraged extremists and that New Democracy even saw GD as a potential future ally, which is why... shows deficit of 7.01 bln September figures show decline in revenues On a monthly basis, net revenues... primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared
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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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Promises and challenges of Greece's "green new deal"
EconomyFeaturesDemocracy government to speed up “de-lignitisation” - though it no doubt also saw an opportunity to put... adjustment programme the government is desperately searching for a new economic model that will lift... to be systematically incentivised after 2001, and the ensuing decade saw a rapid growth in the installation
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