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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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Fragility of summit pledge for border status quo already evident
PoliticsGreek Politicsforward to address the refugee issues. Greece, however, intends to pursue the issue on a bilateral... of the borders’ status quo and has threatened to veto by no signing the conclusions document, Prime Minister Alexis Tsipras have only managed to receive an oral commitment by Angela Merkel that the status quo
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Athens promotes role as energy hub as PM prepares for talks in Washington
PoliticsForeign Policythe northeastern Greek city of Komotini and Stara Zagora, in central Bulgaria. That includes a connection with TAP, which carries gas from Azerbaijan. Additionally, suppliers of LNG could be Qatar.... Athens also decided to postpone the bilateral dialogue on confidence building measures.
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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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NBG completes sale of Finansbank to Qatar National Bank
EconomyBankingNBG announced on Wednesday afternoon the transfer of its 99.81 percent stake in the Turkish Finansbank to Qatar National Bank (QNB). The transaction and its terms were initially announced on December 22, while the management had indicated in the conference call of first-quarter results
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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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No fear of the bear? Bilateral economic relations between Germany and Russia
Agorabilateral (economic) ties with Russia. Germany's economic interests in Russia are significant before... champion). More specifically, bilateral trade has fallen from 80 billion euros to 52 billion since 2012...), food and agricultural produce. By contrast, the bilateral foreign direct investment landscape shows
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New Parliament sworn in as Mitsotakis picks top civil servants, maintains status quo with church
PoliticsGreek Politicsand maintain the status quo. General secretaries The government also announced on Tuesday the appointment
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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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