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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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Newsletter 269 -16/10/2020
a new Turkish exploration mission in the Aegean, just south of Kastellorizo, led Athens to call off... regarding its intentions to engage in a dialogue with Greece within the framework of the so–called... encouraged extremists and that New Democracy even saw GD as a potential future ally, which is why
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Newsletter 271 -30/10/2020
that a large portion of workers fell into one of three categories: Either they saw their work suspended... 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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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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Covid-19 stretches health system again, putting reopening of shops in doubt
PoliticsGreek Politicsthe fate of Dimitris Koufodinas, the convicted hitman of the November 17 urban guerrilla group...-off. It also notes that Koufodinas is under constant medical observation. The prosecutor ordered... prison transfers and furloughs, which some opponents saw as being designed to allow the November 17
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Newsletter 387 - 30/06/2023
PoliticsMitsotakis re-elected, Tsipras beaten and far right resurgentSunday’s election delivered... into 158 seats in Parliament. Main opposition party SYRIZA saw its support dwindle even further..., will engage in the most populist and reactionary opposition possible with the aim of presenting
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Newsletter 121 - 02/06/2017
International Airport SA offer to extend 20-year concession Greece’s economic sentiment (ESI) fell... Commission (EC) figures showed. The ESI settled at 93.2 in May, which is the lowest reading since February... with regard to access to QE, and there is a possibility Tsipras might choose to take the matter
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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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