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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. 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. Lowest income groups in Greece saw wages drop and taxes rise most during crisis

    Society

    Lower income groups in Greece saw their tax burden increase by 337.7 percent from 2008 to 2012.... Among its main findings is that while wage-related income per household fell on average by 10.9 percent from 2008 to 2012, the bottom three income groups saw their earnings from wages sink the most

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  4. 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

    53%

  5. 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 taxes by more than 600 million per month and b) expenditure deferral, particularly regarding social... of Finance (MoF) on November 13, showing revenues beating monthly targets by 763 million euros

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  6. Newsletter 271 -30/10/2020

    Newsletters

    than 200 euros per month. In Q2 2019, only 1 percent of employees had a net monthly income of 200... 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

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  7. Pressure from government MPs pushes PM towards resolution with farmers

    PoliticsGreek Politics

    “beaten up out there”, while others claimed they were fearful of being “lynched” if they attempted... on electricity tariffs for farmers at 9 cents per KWh and a 50 percent increase in fuel tax rebates... and police at roadblocks, Justice Minister Giorgos Floridis called the farmer’s leaders “gangsters

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  8. 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%

  9. EP president visit and winding up of rail crash inquiry cast spotlight on rule of law concerns

    PoliticsGreek Politics

    of the lack of an opportunity to discuss the resolution on a day which saw the inquiry into the deadly

    37%

  10. 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%