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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... in the aggregate period, as mentioned, 4.72 billion euros lower than the target of 38.22 billion euros... billion euros, lower than the target by 4.01 billion or 9.6 percent. On an aggregate basis, tax revenues
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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... in the aggregate period, as mentioned, 4.72 billion euros lower than the target of 38.22 billion euros... billion euros, lower than the target by 4.01 billion or 9.6 percent. The full revenue breakdown
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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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PM ponders reshuffle as PASOK mulls inability to make gains
PoliticsGreek Politicsthat Mitsotakis wants to appoint politicians rather than technocrats this time - a far cry from the first..., this inability to connect with voters could lead to him being questioned again in the coming months. His
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Newsletter 50 - 06/11/2015
reflects the slow response from the European Union, it also highlights Greece’s inability so far to set up... that Athens has received less than 6 million euros this year to tackle the refugee crisis... than half a million young, well-educated citizens through outward migration. Portugal and Greece
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Tax chief's departure brings coalition revenue plans under scrutiny
PoliticsGreek Politicsmounting debts to the state. A growing inability to pay taxes and social security contributions due... will be replaced by someone who is a political rather than technocratic appointee. There is pressure... euros. #Greece new unpaid taxes at €763 mln in Apr (from €1.21 bln in Mar) & at €4.33 bln year
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Greece on track for bumper tourism year, figures show
EconomyFeaturesthat foreign arrivals rose by 12.4 percent in the first quarter (Q1) of the year, reaching more than 1.8... to 11.1 percent year-on-year (YoY), or 9.4 million passengers. The Hellenic Civil Aviation authority (YPA... to the YPA statistics. A report in the Efimerida ton Syntakton newspaper also predicted that tourism
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IMF far more pessimistic than eurozone on Greek debt, urges significant relief
EconomyProgrammein the long-run. This largely reflects Greece’s inability, according to the IMF, to be financed... thereafter up to 275 percent in 2060 mostly due the anticipated high cost of market financing more than... with weaker than expected policies resulting in lower primary surpluses of 1 percent of GDP
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Effort for Greece and Albania to resolve diplomatic differences goes on back burner
PoliticsForeign Policysolutions rather than problems. Consequently, it is my hope that there will be a more mature view.... Albanian President Ilir Meta is also creating obstacles to any agreement on the delimitation of maritime... in the past due to political disagreements within Albania. President Ilir Meta appears reluctant
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