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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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Kammenos prepares to quit coalition amid ANEL unrest, issues to settle with PM
PoliticsGreek PoliticsThe 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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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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SYRIZA and ANEL: Far from picture-perfect
Agoradeplored. Instead, Tsipras opted to join forces with Kammenos. His nascent Independent Greeks (ANEL... New Democracy to found nationalist, anti-bailout ANEL. If this meant turning a blind eye and deaf ear to some of the extreme views and unsavoury behaviour of ANEL and its leader, this was a risk worth
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Eighteen core goods led exports during crisis, NBG study notes
EconomyFeaturespercent before the crisis. This mainly reflects a decline of Greek products to the USA, Albania.... These include aluminium, marble, olive oil, olives and feta. The second category consists of what... percent of the market share. In terms products such as marble, cement and aluminium, a strategy
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Tsipras sets off for USA as prior actions, e-auctions dominate at home
PoliticsGreek PoliticsPrime Minister Alexis Tsipras chaired a meeting with key ministers on Friday to assess the progress the government is making in completing the 95 prior actions that have to be ticked off this year. The meeting was held a few hours before the Greek leader set off for his official visit to the USA
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ANEL adds to uncertainty over Macedonia name deal and its political impact
PoliticsGreek Politicsshow on Tuesday night, a spokesman for the junior coalition partner, Independent Greeks (ANEL.... Theodoros Tosounidis did not rule out the possibility of ANEL failing to support its governing... the SYRIZA-ANEL coalition and prevent the name deal, which the conservatives oppose, being approved
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Name deal uncertainty set to continue despite ANEL attempt to clarify stance
PoliticsGreek Politicsjunior coalition partner, Independent Greeks (ANEL), claimed on Tuesday that they have no intention of bringing down the government over this matter. Defence Minister Panos Kammenos, who leads ANEL, convened an emergency meeting of ANEL’s parliamentary group (seven MPs) on Tuesday to discuss
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