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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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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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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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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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For better or worse: Greece's bailout exit deja vu
Agoraof 3.5 percent until 2023 is detrimental to growth and that the goal of 2.2 percent on average up... long-term goal of 2.2 percent is unprecedented, the long-term target in the IMF’s DSA at the end... tax rates and investment spending if targets were beaten. All crisis governments had first-hand
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GDP shows annual growth of 2.2 pct in Q3
EconomyMacroeconomyquarterly growth streak experienced by Greece began in Q2 2005 and ended in Q4 2006. GDP grew by 2.2... percent QoQ. As mentioned, the provisional estimates showed that GDP grew by 2.2 YoY after a downward... of services rose by 2.2 percent QoQ and 13 percent YoY. The MoF’s growth estimate for imports in 2018
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Growing Covid threat foils government's attempt to look ahead
PoliticsGreek Politics2.2 billion euros. This would give 826,435 debtors the chance to pay their dues in 36 or 72... that is expected in the coming years. Aware that the Greek public is fatigued, the ruling conservatives
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Consumer prices drop further by 2.2 pct in June
EconomyMacroeconomyThe Greek consumer price index (CPI) fell by 2.2 percent in June after a drop by 2.1 percent in the preceding two months, according to the Hellenic Statistical Authority (ELSTAT). This indicates... in: transport (-3.1 percent), education (-3.1 percent) and household equipment (-2.2 percent). Prices
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CPI falls by another 2.2 pct in July as VAT rises yet to be recorded
EconomyMacroeconomyThe rate of drop in the Greek consumer price index (CPI) remained at 2.2 percent for the second straight month in July, according to the Hellenic Statistical Authority (ELSTAT). As a result, the CPI.... The breakdown of the 2.2 percent YoY CPI fall showed the highest change was posted by housing (-7.4 percent
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