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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. 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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  4. Newsletter 290 - 26/03/2021

    Newsletters

    for unnecessary foreign travel until July. of measures in the coming weeks, while the vaccination programme ramps up. The plan to distribute free rapid test home kits through pharmacies seems to have caught... until July. The Greek government had hoped that UK visitors would be among the first and most

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  5. 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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  6. 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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  7. Greece takes next steps, including bond swap, to enhance debt profile over coming years
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    also prepay some of the GLF instalments, from the bilateral loans of the first adjustment programmes, armed with the roughly 40 billion euros of the cash buffer. Aside from rubber stamping the twelfth... to run until 2041 with a regular payment of 2.65 billion annually up to 2039, dropping to 1.94 in 2040

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  8. No fear of the bear? Bilateral economic relations between Germany and Russia
    Photo by Kostas Tsironis/Fosphotos

    Agora

    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...), food and agricultural produce. By contrast, the bilateral foreign direct investment landscape shows

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  9. Newsletter 271 -30/10/2020

    Newsletters

    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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  10. 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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