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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. 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

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  4. 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

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  5. 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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  6. 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

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  7. No fear of the bear? Bilateral economic relations between Germany and Russia
    Photo by Kostas Tsironis/Fosphotos

    Agora

    bilateral (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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  8. Mitsotakis heads to Israel and Russia with broad agenda

    PoliticsForeign Policy

    while he was leader of the opposition. The PM’s official visit to Israel for the first bilateral... issue with the Greek delegation aiming at giving more emphasis on the bilateral relations, than... to negotiate a bilateral natural gas deal which could potentially have an immediate impact

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  9. 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...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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  10. China’s Footprint in Southeast Europe: Constructing the "Balkan Silk Road"
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    since the signing of a strategic partnership agreement in 2009. The bilateral cooperation agreement..., China’s Export-Import Bank agreed to fund 85 per cent of the bilateral project. However... China and the 16 countries in CEE as well as the conclusion of bilateral visa liberalisation regimes

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