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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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Turkey's Varosha move adds new complexity to Greek-Turkish relations
PoliticsForeign Policythe Turkish-occupied ghost city of Varosha. The self-declared Turkish Republic of Northern Cyprus (TRNC), backed by Turkey, announced on July 20 that a small part of Varosha would come under civilian control... to a commission mandated to offer compensation or restitution of properties. The opening of Varosha
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Varosha move puzzles amid low expectations on Cyprus
PoliticsForeign Policyup Maronite villages and the “ghost city” of Famagusta (Varosha). Government sources in both Greece... in Switzerland. If the plan is to open up Varosha for its rightful owners under Turkish Cypriot... informed of any plans by the Turkish Cypriot side to hand over the fenced-off city of Varosha to UN
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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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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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New Turkish NAVTEX undermines Greek-Turkish reconciliation efforts
PoliticsForeign Policy. It concludes that Turkey cannot be trusted regarding its intentions to engage in a dialogue.... Greece and Cyprus were angered by Turkey’s President Recep Tayyip Erdogan’s decision to open Varosha... Security Council’s condemnation of the reopening of Varosha seafront, the foreign ministers of Greece
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Newsletter 269 -16/10/2020
regarding its intentions to engage in a dialogue with Greece within the framework of the so–called... shows deficit of 7.01 bln September figures show decline in revenues On a monthly basis, net revenues... primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared
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Athens wary as exploratory talks with Turkey approach
PoliticsForeign Policyadded. Ideally for Greece a time to re-engage in a new round - the 61st - of exploratory talks could.... Otherwise, we need to proceed with the logic of Europe as a fortress. This would not be pleasant,” said Dendias. Either way, it appears certain that in the weeks to come Athens will engage in new
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Mitsotakis breaks the ice in Sochi but Russia's wariness remains
PoliticsGreek Politicsextremely difficult. Brussels to discuss Varosha Foreign Minister, Nikos Dendias is due to travel... in Varosha. According to diplomatic sources during Wednesday’s meeting of the permanent... in Varosha. The text to be adopted by the ministers is expected to underline the need
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