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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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Government dismisses EP rule of law resolution in midst of opposition outcry
PoliticsGreek Politicswas put forward by parties of the left and centre, the size of the majority backing it suggests... CVC Capital. Opposition parties have criticised the plan presented by the minister. A SYRIZA... for the prime minister as an anti-populist social progressive. Although the vote is non-binding
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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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Newsletter 271 -30/10/2020
awaiting repairs could be put into service immediately. The claim was rejected by Infrastructure... Christos Staikouras last Friday. SYRIZA was reacting to the insolvency bill put before the House, which... paved the way for the protection of primary residences, initially put in place in 2010 in the form
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Pandora's box ajar for Turkey and Greece?
AgoraTo put things mildly, things did not go as expected for both sides. President Recep Tayyip..." as Akşam, a pro-government daily put it. The Greek side was expecting the visit to be cleanly framed... Republic, President Celal Bayar's trip in 1952. And now, as a consequence of this diplomatic flop
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This is where the last few days have left Greece and lenders
Agoradifficult measures, ones that could put its slim parliamentary majority at risk, and needs a positive... message to put out at home. But the reality is that Greece will have to produce large primary surpluses for many years to come, which will continue to put pressure on its economy and citizens, while
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Newsletter 398 - 20/10/2023
was soundly beaten by Dimitris Kouretas, a candidate put forward by centre-left PASOK and supported by main... within its own ranks. Despite the defiant spin put on the results, the outcome was a chastening one... that this sense of malaise does not set in as it will put his government on the back foot, perhaps
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