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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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Newsletter 96 - 18/11/2016
just an agreement on short-term debt relief measures in the coming weeks. Speaking to the Wall Street... for Greece on his two-day visit in the Greek capital held important implications for the bilateral... or bilateral credit guarantees extended to Greece in the first memorandum. It is to Obama’s credit
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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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Government being tested on multiple fronts
PoliticsGreek Politicsthe past few weeks. A committee made up of 15 representatives of the farming community is due to hold... come from the private University of Nicosia in partnership with private equity firm CVC Capital Partners regarding the creation of a private medical school in Greece. CVC is already invested in the Greek
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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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Greece: How events could unfold over the next few weeks
PoliticsGreek Politicsfew weeks, based on two broad potential outcomes: One foresees an agreement on May 11... sides fail to find common ground. Agreement If we assume that in the next few weeks Greece reaches... of a deal or Greece’s membership of the eurozone are put in doubt over the next few weeks. This could
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Final decision on 2019 fiscal measures still a few weeks away
EconomyProgrammeFund stressing that several more weeks are needed before any decision can be taken. ELSTAT is due... for the year. Government sources have indicated in recent weeks that they expected the final figure... that the pace of discussions has picked up in recent weeks. “What I can say is that technical work
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