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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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Newsletter 70 - 15/04/2016
the unilateral action we saw from the SYRIZA-led administration last year. The government made it clear... Macedonia (+11.6 percent) and North Aegean (+5.3 percent). January saw the number of building permits hit..., Lisbon, Madrid and Rome have a host of domestic issues to discuss with the IMF that will make
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Mood sours as Greece and Turkey head for new round of exploratory talks
PoliticsForeign Policy, or continental shelf, a verbal note to France would have been enough”. Defending the agreement, Dendias... that “our basic objection is that this agreement does not add anything valuable to the EU’s Lisbon
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The complexities of regaining market access: Could Greece learn from Portugal?
AgoraGreece could learn from the Portuguese experience? Athens and Lisbon may very well want to establish..., Lisbon, Dublin, the EU and the ECB. International road shows by these returning sovereigns could... in Lisbon to make substantial revisions to proposed austerity measures. While these decisions do
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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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Newsletter 50 - 06/11/2015
to shake, even if one successfully exits the programme framework as the authorities in Lisbon were... Athens from Lisbon. But these institutional differences are overshadowed by the similarities both..., most notably Spain where an election will be held next month. Both in Athens and Lisbon, the sitting
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Portugal and Greece: The opposite ends of Europe’s southern periphery
Agoraas the authorities in Lisbon were able to do three years later. While Greece required a third financial... obligations is what distinguishes Athens from Lisbon. But these institutional differences are overshadowed... and Lisbon, the sitting governments remained in office. A first in both countries since 2010
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Club Med in Washington
Agorain 2017. Against this sober background, the officials visiting Washington from Athens, Lisbon... is Portugal. Trouble is on the horizon in Lisbon. Portugal’s sovereign debt is currently rated below... if it is followed by a downgrade, could have major financial implications for Lisbon and beyond. If DBRS
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Will the real men of unity please stand up?
Agorais in talks about a (politically toxic in Greece) third bailout despite European Commission denials, saw... not receive favourable terms as this could be politically damaging in Madrid and Lisbon, where the left
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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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