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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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Mitsotakis mixes old hands and technocrats to stamp reformist bent on cabinet
PoliticsGreek Politicsthe 51 ministers sworn in on Tuesday are more than the small, flexible team many expected, the 21 mostly... than a technocrat, he can boast that the November 17 terrorist organisation was arrested under his
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SYRIZA and ANEL: Far from picture-perfect
Agorato an end now, having lasted longer than many observers expected, but its deep flaws were visible...-wing party surged from the fringes to gain 36.3 percent of the vote – more than Greece’s traditional... of thoroughness than serving any practical purpose. In between them, there was a small cup of coffee. That’s
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Newsletter 269 -16/10/2020
unscathed and the initial indications are that rather than create greater unity in Greek politics... traditionally been Greece’s strongest thanks to tourism, to fall by more than 10 pct annually. Beyond... being a major drag that could push third quarter GDP even deeper than the second quarter drop
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Credit contraction decelerates to 0.9 pct in April, net additions climb to 659 mln
EconomyMacroeconomyfor the second straight month, more than doubling to 659 million in April from 307 million in March... has prevailed in the Greek banking market. The loan balance has dropped by more than 25 percent amid... in NPEs, which as seen decreasing by more than 40 billion by the end of 2019. The bulk of the pledged
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Newsletter 271 -30/10/2020
is still more than twice the number of cases that were being reported last week. The committee’s... of these concerned workers on furlough for three months, receiving less than 50 percent of their salary... than 200 euros per month. In Q2 2019, only 1 percent of employees had a net monthly income of 200
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Greece's post-lockdown hubris
Agorabecome fairly prevalent among the public at large: More than half of respondents to a survey conducted..., social media is twice as popular among younger age groups than are conventional news websites... themselves set the first example. No sooner were movement restrictions lifted, than politicians
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