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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 271 -30/10/2020
bill whereas ND wanted it to be passed through Parliament with minimum fuss because of the sensitive... 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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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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Revenues at 4.77 bln in Oct, beating target for fourth straight month
Economysurplus to 689 million from its peak of 1.82 billion until July, yet with a consequent positive impact... to the targets being beaten over the last four months, even though there is a steady increase in unpaid... of Finance (MoF) on November 13, showing revenues beating monthly targets by 763 million euros
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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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Exit from enhanced surveillance nears, but fiscal commitments bind Greece until 2060
EconomyProgrammerelations with the lenders during the implementation of the third programme, but creditors wanted... has undertaken the completion of a set of outstanding reforms until the end of the year, which... months until it has repaid 75 pct of its loans, and will have greater policy flexibility although
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Greek coalition left with bailout exit conditions it wanted to avoid
PoliticsGreek Politicsat the back burner – all factors that the coalition wanted to avoid for domestic reasons. Eurogroup..., appear short of what the government wanted to boost its chances of winning over enough MPs to emerge
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ESI up to 101.8 in November, consumer confidence rises for sixth straight month, jumping by 2.5 pts
EconomyMacroeconomyGreece’s economic sentiment (ESI) rose by 0.8 points to 101.8 in November from 101 in October, European Commission (EC) figures revealed on Thursday. Sentiment has stayed above the 100-point mark... a score of 96.8 was noted for November. Compared to November 2017, the ESI has risen by 3.2 points
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Consumer confidence hits 19-year high, ESI highest since 2007
EconomyMacroeconomyGreece’s economic sentiment (ESI) strengthened by 3.1 points in August to reach 108.4 points, European Commission (EC) figures showed on Thursday. As of August’s reading, the index has remained above..., when the index reached 109.1. Compared to August 2018, the ESI has increased by 3.7 points. Consumer
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