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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. Despite strong rebound on Friday, Greek stocks dive 5.2 pct during week
    Photo via www.helex.com

    Economy

    the negative sentiment that prevailed in the global markets until Thursday largely fuelled by Brexit... of understanding (MoU) that replaces the MoU signed last August. The market traded in negative territory until... was recorded by GEK Terna (-0.5 percent), Coca Cola Hellenic – CCH (-0.9 percent), and Athens Water

    72%

  3. 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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  4. PWC report finds Greek fire damage above average despite lower incidence

    Society

    A report by PricewaterhouseCoopers (PwC) which examined Greece’s firefighting capabilities has... to PWC, which was found to be less than the average among southern European countries. Despite... hectares when compared to non-election years. PWC identified three main causes for Greece suffering

    58%

  5. Stocks fall for fifth straight week, edging down 0.8 pct

    Economy

    The Greek equity market continued heading south this week, remaining weak until Thursday amid... process. As a result, the Athens Stock Exchange general index, which had dropped by 3.2 percent until... volatile for yet another week. They experienced losses of 10.9 percent until Thursday, when the banking

    54%

  6. Greek tourism building strength but needs to diversify, PWC study finds
    Photo by MacroPolis

    EconomyFeatures

    PWC Greece has released an overview of the Greek tourism industry which analyses the industry’s current developments and future potential. The study, titled “The Next Day of Greek Tourism” showed... the low number of sales, PWC found that there is a significant bid-ask gap for hotel companies on sale

    53%

  7. 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

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  8. Greek stocks almost unchanged at end of roller coaster week

    Economy

    month until the end of September. OPAP reported Q2 sales up 13.2 percent to 1.07 billion, EBITDA up 35.9... Cola Hellenic – CCH (-4.5 percent) and Athens Water – EYDAP (-3.5 percent). Turnover stood above

    51%

  9. Greek stocks down 4.6 pct during week after Friday’s sell-off

    Economy

    of the first programme review. The market traded sideways until Thursday, but slumped 4.2 percent... this week, namely Coca Cola Hellenic – CCH (+4.3 percent) and Folli-Follie (+4.2 percent

    51%

  10. Gains of 2.5 pct for stocks this week amid subdued trading volumes
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    until Friday, when the turnover surpassed the 50-million-euro mark for the first time this week... in the previous week. Corporate news Coca Cola Hellenic (CCH) posted a rise of 22.5 percent in 2016 net

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