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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. Newsletter 271 -30/10/2020

    Newsletters

    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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  3. 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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  4. Newsletter 269 -16/10/2020

    Newsletters

    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... shows deficit of 7.01 bln September figures show decline in revenues On a monthly basis, net revenues

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  5. 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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  6. Revenues at 4.77 bln in Oct, beating target for fourth straight month

    Economy

    surplus 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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  7. 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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  8. ESI up to 101.8 in November, consumer confidence rises for sixth straight month, jumping by 2.5 pts
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’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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  9. 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, 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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  10. If you think it's bleak for Greece now, wait until tomorrow
    Photo by Harry van Versendaal

    Agora

    and redirects those savings to investment exceeding the required level then the economy grows until it reaches... percent and it anticipates that it will take another 24 years, until 2040, before it drops to 12...-crisis levels of around 6 percent for another 44 years, or until 2060. In other words, one of the key

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