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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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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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Opposition pressures SYRIZA by refusing to support bills ANEL dodges
PoliticsGreek PoliticsIndependent Greeks (ANEL) have disagreed on a number of issues since first joining forces in January..., such as education, the Church of Greece and migration. Most famously, in June 2015 ANEL failed to support... the government with the votes it needs if it cannot secure a majority for its own legislation. “We
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Coalition majority trimmed further after unexpected loss of ANEL MP
PoliticsGreek PoliticsThe coalition lost another MP on Tuesday, when Independent Greeks (ANEL) deputy Giorgos Lazaridis.... Another ANEL MP, Dimitris Kammenos, was ousted from the party when he voted in favour of the censure... MPs (145 from SYRIZA, 7 from ANEL) in the 300-seat Parliament, leaving Prime Minister Alexis Tsipras
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Divisions emerge within ANEL over vote on Macedonia name deal
PoliticsGreek PoliticsGreeks (ANEL), that he will bring down the government if the Macedonia name agreement comes to Greek Parliament has met with opposition from some of his own MPs. Kammenos reiterated his position... his back on the coalition if necessary. Two ANEL MPs have openly voiced their disagreement
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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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Revenues at 4.77 bln in Oct, beating target for fourth straight month
Economyto convince the troika about the credibility of its own forecasts regarding its projected fiscal performance... to the targets being beaten over the last four months, even though there is a steady increase in unpaid... of Finance (MoF) on November 13, showing revenues beating monthly targets by 763 million euros
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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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