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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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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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Media
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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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Athens mulls next move after Ankara writes to UN over maritime boundaries
PoliticsForeign Policystressed that the government will continue to guard its sea borders and that a European presence is vital... representative to the UN, Feridun Hadi Sinirlioglu, Ankara repeats its argument over the islands’ rights in sea
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Revenues at 4.77 bln in Oct, beating target for fourth straight month
Economyto the targets being beaten over the last four months, even though there is a steady increase in unpaid...The final budget execution to October confirmed preliminary figures, released by the Ministry of Finance (MoF) on November 13, showing revenues beating monthly targets by 763 million euros
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Greek housing market at new juncture as Covid-19 shakes foundations
EconomyFeaturesmarketed through online platforms such as Airbnb, HomeAway, Vrbo and Booking.com. The “sharing economy... properties in Athens listed on Airbnb and Vrbo, according to data provider AirDNA. By the third quarter
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Greece gets new finance minister but old guard dominates cabinet reshuffle
PoliticsGreek PoliticsEnding days of speculation, the new Greek cabinet was named on Monday, with Eurobank economist Gikas Hardouvelis being appointed Yannis Stournaras’s successor at the Finance Ministry. Hardouvelis’s appointment was by far the most notable. There was no c...
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Erdogan makes forceful start to visit, catches Athens off guard
PoliticsForeign PolicyThe Greek government found itself in an uncomfortable position on Thursday, the first day of a visit by Turkish President Recep Tayyip Erdogan, who called for the 1923 Treaty of Lausanne, which delimited the boundaries between the two countries, to be r...
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