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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

    100%

  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

    63%

  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. 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

    49%

  5. VAT and income taxes buoy revenue performance as primary surplus target is beaten in Sep
    Finance Ministry

    EconomyMacroeconomy

    million. Overall, the PIB balance landed at a deficit of roughly 3.3 billion euros. Greece has also

    40%

  6. Revenues at 4.77 bln in Oct, beating target for fourth straight month

    Economy

    to the targets being beaten over the last four months, even though there is a steady increase in unpaid...The final budget execution to October confirmed preliminary figures, released by the Ministry of Finance (MoF) on November 13, showing revenues beating monthly targets by 763 million euros

    34%

  7. Early gains in Greek stocks cancelled out in second half of week

    Economy

    losses were posted by: Motor Oil (-11.3 percent), Coca Cola Hellenic - CCH (-9.5 percent), Mytilineos (-4.6 percent), GEKTERNA (-4.4 percent) and Folli-Folloie (-3.3 percent). Trading activity remained... and retained its negative outlook. CCH posted a 3.8 percent rise in H1 volumes, yet revenues were down

    29%

  8. Retail sales recorded 3.7 pct rise in 2023, but volume dropped by 3.3 pct

    EconomyMacroeconomy

    of 12.3 percent in 2022. Volumes in 2023 dropped by 3.3 percent in 2023. Retail sales had been growing... percent. The inflationary effects are reflected in volumes, with fuels up by 3.3 percent, a 5.4 percent

    27%

  9. OECD sees 3.3 bln euros of savings Greece can make by cutting red tape

    EconomyMacroeconomy

    The Organisation for Economic Cooperation and Development (OECD) released a report on May 15 identifying 3.3 billion euros worth of burdensome regulations in 13 sectors weighing on businesses each year. Over three-quarters of these costs accrue in three of the priority areas, namely tax (VAT

    25%

  10. Retail turnover falls by 3.3 pct in Feb, down for fourth straight month
    Photo by MacroPolis

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index dropped for the fourth straight month in February, when it fell by 3.3 percent in February from an upward revised 1.8 percent decrease in January, according to the Hellenic Statistical Agency (ELSTAT). The February headline figure is the ninth negative

    25%