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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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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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Government commits to uniformed personnel pay rises amid clamour for higher incomes
PoliticsGreek PoliticsPrime Minister Kyriakos Mitsotakis has been forced to commit to pay rises for all uniformed..., coast guard and fire service to be awarded more pay following the recent announcement of wage... that more pay increases would be announced in due course but “under the right conditions and at the right
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Newsletter 271 -30/10/2020
and is forced to pay rent to live in his own home. SYRIZA believes that it gained in political terms from... at 7.01 bln September figure confirmed as missing target by 9.58 billion euros The budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus
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Stournaras in firing line for arguing Greeks can pay more taxes
PoliticsGreek Politicsand indirect taxes should increase, in fact what he meant was that Greeks as a whole do not pay enough tax. He... had already been done. His original comment was interpreted as a suggestion that Greeks should pay... Antonis Samaras described 2013 as the worst year on record in terms of the taxes Greeks had to pay
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‘We’re dying to pay our taxes’
Agora, in Thessaloniki, Greece’s second city, to pay the first of six instalments of Greece’s new property tax... to pay our taxes even if it’s the last thing we do,” he said. This month marks the anniversary... of a pensioner while queuing to pay another austerity-related tax could be seen as a metaphor for how
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Coalition adopts court ruling that restores judges' pay, others poised to follow
PoliticsGreek PoliticsThe coalition passed an amendment through Parliament this week which means it will have to pay... pay scale means that Supreme Court judges will be paid 4,134 euros per month gross. At the other end.... On top of that, the coalition has to pay them an extra 69.6 million euros per year. The amendment adopts
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Athens launches drive to pre-pay part of IMF loan, bringing budget benefits
EconomyProgrammeGreece has launched the formal process to pre-pay part of the loans it has received from the International Monetary Fund after Finance Minister Christos Staikouras officially requested clearance from..., Greece is due to pay 2.1 billion euros per year up to 2021, dropping to 1.9 in 2022 and 1.4 in 2023
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