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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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No fear of the bear? Bilateral economic relations between Germany and Russia
Agoramost likely to impact the electoral agendas. We start off with a look at Germany and its strong bilateral (economic) ties with Russia. Germany's economic interests in Russia are significant before... champion). More specifically, bilateral trade has fallen from 80 billion euros to 52 billion since 2012
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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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Consumer confidence takes 10-point dive in September
EconomyMacroeconomyGreece’s economic sentiment (ESI) recorded a drop of almost 3 points in September to 108 points..., and is now at the highest since early 2022. It is not far off the recent high of more than 114 points..., dropping to 84.4. Over the rolling 12-month period, the ESI in September was 9 points up from the 99.2
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Hitman's furlough and investment complications pose new problems for Tsipras
PoliticsGreek PoliticsThe Greek government found itself dealing with multiple crises of a very different nature on Friday. The first concerns the release of the November 17 urban guerrilla group’s hitman Dimitris Koufodinas from prison on a two-day furlough on Thursday. The decision, taken by a parole board
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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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Sub-tranche, 2017 fiscal performance ticked off on first day of review talks
EconomyProgrammethat the negotiations got off to a positive start. At least, this was the message conveyed by Prime Minister Alexis... the target will be beaten and how much of the excess surplus the coalition will be able
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Newsletter 49 - 30/10/2015
. If no candidate gets more than half the votes, then a run-off between the leading two hopefuls will be held... Greece’s economic sentiment (ESI) improved for the second straight month in October, when it rose by 3.4 points to 86.5. Despite rising by 11.3 points over the last two month, ESI is down 12.6 points so
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Newsletter 271 -30/10/2020
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... Consumer confidence drops for fourth consecutive month Compared to October 2019, the ESI has
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