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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

    63%

  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

    56%

  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

    49%

  5. Greece and Albania seek to leave Beleri case behind in 2024 after year of turmoil

    PoliticsForeign Policy

    up his duties.” Albanian Foreign Minister Igli Hasani admitted last week that “there are negotiations, ideas, and commitments from both sides to find a solution.” Hasani denied that Tirana and Athens

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  6. Eurobank first to tackle NPL reduction via APS
    Photo by MacroPolis

    EconomyBanking

    the bids submitted by Pimco and doValue on behalf of Fortress for 80 percent of Eurobank’s licensed... on the website euro2day.gr on Tuesday afternoon, the doValue-Fortress bid was considered a stronger bid... Fortress earlier in November. The bank had previously been in exclusive negotiations with PIMCO until

    27%

  7. Parties locked in tug of war over troubled universities
    Photo by Angelos Christofilopoulos/Fosphotos

    Society

    Opposition leader Kyriakos Mitsotakis used a speech to educators late last month to attack the government’s policies on higher education and outline his own party’s agenda. The speech took place against a backdrop of campaigns by academic staff and stud...

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  8. Parties gear up for fresh tug-of-war over Tempe investigation
    Photo by MacroPolis

    PoliticsGreek Politics

    It looks like the latest showdown between the government and the opposition over the Tempe issue is due to begin next week, when PASOK is expected to propose that the immunity of former Transport Minister Kostas Karamanlis be lifted so that he can face ...

    18%

  9. HCAP and Finance Ministry reveal five-year strategic plan for public assets

    EconomyFeatures

    the control of HCAP, which include power firm PPC, water company EYDAP and public transport organisation OASA... and opportunities, with long-term and short-term goals for each company. Regarding OASA, for example, HCAP

    15%

  10. Credit contraction decelerates to 0.9 pct in April, net additions climb to 659 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The positive flow in April is almost entirely attributed to corporate sector net additions of 763... positive for the third successive month, with net additions climbing to 763 million in April

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