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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

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  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. Primary cash balance at surplus of 232 mln in Apr

    EconomyMacroeconomy

    Greece’s central government primary cash balance recorded a surplus of 232 million euros in the first four months of the year according to figures released by the Bank of Greece (BoG). The headline... and settled at 302 million euros compared to 232 million euros last year. For the year to date, interest

    50%
  5. 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

    46%
  6. Piraeus Bank posts net loss of 232 mln in Q1 due to Covid-19 impact
    Image via www.piraeusbankgroup.com

    EconomyBanking

    Piraeus Bank’s first quarter (Q1) results revealed a net loss of 232 million euros compared to a net profit of 189 million euros in Q4 2019. The latest results interrupt six consecutive quarters of profits. Pre-provision income (PPI) reached a 185 million in Q1 versus 193 in Q4. Net interest income

    42%
  7. Newsletter 232 -13/12/2019

    Newsletters

    billion euros of NPEs in overall movements that saw NPEs drop to 75.4 billion from 81.8 billion at the end... in the bond market that saw the yield on the 10-year benchmark drop to as low as 1.2 percent at the end

    35%
  8. 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

    31%
  9. Newsletter 269 -16/10/2020

    Newsletters

    encouraged extremists and that New Democracy even saw GD as a potential future ally, which is why... shows deficit of 7.01 bln September figures show decline in revenues On a monthly basis, net revenues... primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared

    31%
  10. Newsletter 271 -30/10/2020

    Newsletters

    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 balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus

    31%