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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. 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...-on-year (YoY) decline was noted in social security funds (SSFs) with an annual fall of 1.15 billion... billion. Overall, the state budget primary balance showed a fall of 11.54 billion euros, landing

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  3. Kammenos prepares to quit coalition amid ANEL unrest, issues to settle with PM
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    The much-advertised split between SYRIZA and Independent Greeks (ANEL) seems to be just days away... ANEL, has called a meeting of the party’s parliamentary group and executive committee on Wednesday... procedure in Skopje is due to be completed by January 14 at the latest. Therefore, ANEL’s departure

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  4. Industrial production up by 3.3 percent in December
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) rose by 3.3 percent year-on-year (YoY) in December... of the current four-month decline. The small downturn was linked to weak demand and a further fall in new..., as vendor performance deteriorated significantly. Raw material shortages, and restrictions on movement due

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  5. Working-class homes or millionaires' mansions - what's going under the hammer in property auctions?
    By Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    million euros), a factory (3.3 million euros), a school complex (2.9 million euros), a luxury residence... could potentially fall into this category, owning a single property with a starting price below... to further incentivise the banks to focus first on the “low hanging fruit”, the commercially attractive

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  6. Retail turnover fall accelerates to 3.3 pct in April
    Photo by MacroPolis

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index fell for the sixth straight month in April at an accelerating pace of 3.3 percent from a downward revised 0.6 percent in March, according to the Hellenic Statistical Agency (ELSTAT). The April headline figure is the highest drop since December 2014

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  7. Eurosystem funding drops by 3.3 bln in Nov for 17th straight monthly fall

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding fell by another 3.3 billion euros in November, after a broadly similar drop of 3.53 billion in October, Bank of Greece's (BoG) monthly financial statement showed on Tuesday. This was the 17th successive drop leading the Eurosystem funding balance down to 68.49

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  8. 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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  9. Newsletter 179 -19/10/2018

    Newsletters

    he helped negotiate is hanging in the balance. Kotzias resigned after a stormy cabinet meeting... Independent Greeks (ANEL) party out of the coalition. Kammenos and Kotzias reportedly argued over the use... with coalition partners ANEL. left-wing political movement he leads, Pratto, is not a party and not able to take

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    the opportunity to express their opinions. 3.2. Macropolis.gr is not a news site and does not fall... liability to pay damages according to Law No. 1178/1981. Agora is not a news blog and it does not fall under the scope of the regulation of the press. 3.3. The Company has the right to discontinue

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