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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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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... at a deficit of 7.01 billion euros. The budget primary balance for the same time last year came... million euros. Bank of Greece funding was unchanged month-on-month at 1.44 billion. Guarantees
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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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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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Survey reveals working lives, job-finding trends of young Greeks
Societysurveyed said that they found no type of support helpful. When it comes to finding a job, the most
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Revenues at 4.77 bln in Oct, beating target for fourth straight month
Economyto 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
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The government decisions that could shape the future of Greek banks
Economyin Toronto. The next management change is expected in NBG where the current CEO Alexandros Tourkolias... only on resolutions related to increase or decrease of share capital, merger, split-up or winding up
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Government dismisses EP rule of law resolution in midst of opposition outcry
PoliticsGreek PoliticsCVC Capital. Opposition parties have criticised the plan presented by the minister. A SYRIZA... for the prime minister as an anti-populist social progressive. Although the vote is non-binding... funding, as well as 700 million euros’ worth PPP contracts to upgrade student accommodation. Pierrakakis
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Newsletter 411 - 09/02/2024
the medical school of the private University of Nicosia in partnership with private equity firm CVC Capital... as an anti-populist social progressive. Although the vote is non-binding, and has no immediate
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NBG posts net loss of 423 mln in Q4; profit of 38 mln in 2020
EconomyBankingto CVC Capital Partners’ Fund VII for about 455 million euros. That includes an “earn-out” payment... billion euros YoY to 47 billion, comprising about 80 percent of the bank’s total funding sources. NBG’s..., with net repo exposure amounting to around 300 million euros. The significantly lower funding terms under
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