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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. Consumer confidence hits 19-year high, ESI highest since 2007
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) strengthened by 3.1 points in August to reach 108.4 points..., when the index reached 109.1. Compared to August 2018, the ESI has increased by 3.7 points. Consumer.... Industry confidence declined by 1.1 points month-on-month to stand at 0.6 points. Year-on-year

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  4. Greek stocks on slide for third straight week

    Economy

    (+1.4 percent), Folli-Follie (+1.1 percent) and Coca Cola Hellenic – CCH (+0.8 percent). In contrast

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  5. Stocks down 0.4 pct this week after tumbling in wake of Eurogroup
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    , down 0.4 percent this week. It extended its year-to-date losses to 1.1 percent. Banks had a volatile... – CCH (+1.8 percent) and OPAP (+1.6 percent). The worst performance was recorded by Public Power

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  6. 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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  7. Down but not out: Golden Dawn rears its head again
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    Draped across Golden Dawn party offices in a northern Athens suburb, a large white banner proudly... of them voted for Golden Dawn because they wanted someone big and strong to stand up to the political.... In September, a Golden Dawn member stabbed to death an anti-fascist rapper, Pavlos Fyssas, in a Piraeus

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  8. What brought down Golden Dawn?
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    The Greek neo-Nazi party Golden Dawn burst onto the parliamentary scene overnight in 2012... in the intervening period. Golden Dawn’s leadership remain on trial for forming a criminal organisation...-nationalist parties. While there is undoubtedly cause for celebration in the defeat of Golden Dawn

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  9. 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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  10. Early gains in Greek stocks cancelled out in second half of week

    Economy

    losses were posted by: Motor Oil (-11.3 percent), Coca Cola Hellenic - CCH (-9.5 percent), Mytilineos... and retained its negative outlook. CCH posted a 3.8 percent rise in H1 volumes, yet revenues were down

    45%