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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

    56%

  4. GSEE report stresses risks on employment and the pension system, outlines burden on wages

    Society

    of Greek Workers (GSEE) published today. Wages Labor productivity dropped 4.8 percent over the past... to the cut in the unit labor cost, according to GSEE. The purchasing power of the average wages is expected... of 2014 (+101,476). Nevertheless, GSEE highlights that the reported increase mainly reflects undeclared

    52%

  5. Manufacturing wage cuts were turned into profit, GSEE study claims
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyFeatures

    A study by the General Confederation of Greek Workers (GSEE) has stated that lower wages during... or less the same in the services sectors and falling in the building and construction sectors. GSEE... when the cost of raw materials and services is factored in. GSEE claims that this indicates

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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

    46%

  7. Newsletter 271 -30/10/2020

    Newsletters

    on this front so far, though. Pandemic takes heavy toll on Greek workers Research by GSEE finds that all... Workers (GSEE) has shown the burden of the coronavirus pandemic on the average Greek worker... at 7.01 bln September figure confirmed as missing target by 9.58 billion euros The budget primary

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  8. Tsipras sets off for USA as prior actions, e-auctions dominate at home
    By Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Prime Minister Alexis Tsipras chaired a meeting with key ministers on Friday to assess the progress the government is making in completing the 95 prior actions that have to be ticked off this year. The meeting was held a few hours before the Greek leader set off for his official visit to the USA

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  9. Labour cost fall has not produced jobs, bemoans GSEE in study
    Photo by MacroPolis

    Society

    of Workers in Greece (GSEE), which represents private-sector employees. “According to the conventional

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  10. Newsletter 501 - 03/04/2026

    Newsletters

    Trump’s threats of further infrastructure strikes. This persistent “war premium” has pushed Greek retail... pints, from -49.2 in February. All components fell with the sharpest noted in the services sentiment...‑risk insurance premiums from $250,000 to over $1 million per voyage. Economic pressure Greece’s

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