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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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Newsletter 271 -30/10/2020
in which Greece was in full lockdown, the impact on salaries was dramatic. From March to June... that a large portion of workers fell into one of three categories: Either they saw their work suspended... at 7.01 bln September figure confirmed as missing target by 9.58 billion euros The budget primary
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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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Newsletter 45 - 02/10/2015
performance, which saw its share of the vote increase slightly to 28.1 from 27.8 percent in January... and household equipment, where it fell by 24.1 percent. Furniture, electrical and household equipment saw... Sentiment in September saw the biggest rise in 13 years. 2 Not a winter for ineptness Country must
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Greece and the euro: The flight of Icarus
Agora, as some of the people in the audience today will know very well. Greece saw joining the euro as part... meant structural factors were overlooked. A period of belt-tightening before euro entry saw Greece’s... hit a brick wall. It lacked the conviction to make the tough changes in the public sector, to make
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Newsletter 488 - 12/12/2025
. The week opened with dramatic scenes in Crete, where farmers occupied one of the country’s busiest... others saw them as legitimate pressure. The findings highlighted the government’s dilemma: appearing... MPs vented frustration at Tsiaras, warning they were being “beaten up out there” and even feared
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Tracing the decline of the middle class as parties vie for its votes
EconomyFeaturesfrom tax returns shows that there has been a dramatic downward shift in earnings over the years..., with the exception of the lowest earners who saw their tax increase threefold between 2012-2014 (though from.... Households earning 12,000-16,000 euros saw their tax increased by 21 percent in 2012-2014 and 26 percent
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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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Structural problems and dramatic drop in funding harm mental health care in Greece
SocietyGreece’s mental health and integration systems have been ranked among the worst in 30 European countries due to structural problems before the crisis and a drop in direct funding of 64 percent under austerity, a report published last month has found. Th...
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