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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

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  2. 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... 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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  3. 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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  4. 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

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  5. Survey reveals working lives, job-finding trends of young Greeks
    Photo by Natasha Pantazopoulou/Fosphotos

    Society

    surveyed said that they found no type of support helpful. When it comes to finding a job, the most

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  6. 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

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  7. China's Footprint in Southeast Europe: Constructing the "Balkan Silk Road"
    Photo by Andrea Bonetti/Fosphotos

    Agora

    of such cooperation arenas is the avoidance of project initiatives that could interfere between China’s...’ European partners. China is an additional source of funding and infrastructure modernization... of building reputational capital to match its existing funding capacity in Southeast Europe. Controlling

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  8. Newsletter 35 - 17/07/2015

    Newsletters

    into NPLs. This does not augur well in terms of client repayment capacity in the coming months...Funding needs seen over 80bln Slight differences with IMF funding estimates In a 12-page assessment... Commission revealed its calculations on the country’s funding needs. The gross amount stands close

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  9. For Greek banks, it's business as unusual
    Photo by MacroPolis

    Agora

    to turn into NPLs. This does not augur well in terms of client repayment capacity in the coming... on deferred tax assets (DTA), NPL dynamics and the consequences of higher funding costs because

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  10. New Democracy tries to win over voters with crackdown on bank charges, migration
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    severely brain-damaged after being beaten and sexually assaulted by a Pakistani migrant on the island... for voters. At the same time, it is clear that the subject of banks hits a raw nerve for New Democracy

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