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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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Newsletter 271 -30/10/2020
in which Greece was in full lockdown, the impact on salaries was dramatic. From March to June... that a large portion of workers fell into one of three categories: Either they saw their work suspended... at 7.01 bln September figure confirmed as missing target by 9.58 billion euros The budget primary
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SYRIZA and ANEL: Far from picture-perfect
Agoradeplored. Instead, Tsipras opted to join forces with Kammenos. His nascent Independent Greeks (ANEL... New Democracy to found nationalist, anti-bailout ANEL. If this meant turning a blind eye and deaf ear to some of the extreme views and unsavoury behaviour of ANEL and its leader, this was a risk worth
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Newsletter 488 - 12/12/2025
. The week opened with dramatic scenes in Crete, where farmers occupied one of the country’s busiest... others saw them as legitimate pressure. The findings highlighted the government’s dilemma: appearing... MPs vented frustration at Tsiaras, warning they were being “beaten up out there” and even feared
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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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Structural problems and dramatic drop in funding harm mental health care in Greece
SocietyGreece’s mental health and integration systems have been ranked among the worst in 30 European countries due to structural problems before the crisis and a drop in direct funding of 64 percent under austerity, a report published last month has found. Th...
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EU makes dramatic revision to economic forecasts, sees recession of 2-4 pct this year
EconomyThe European Commission (EC) published on Wednesday its assessment following the official Greek request for a 3-year loan from the European Stability Mechanism (ESM). The document showed that due to the strong deterioration of Greece’s economic and fina...
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Greece’s dramatic year reflected in ATHEX 2015 results
![Photo by Can Esenbel [http://www.mundanepleasure.com/]](resources/toolip/img-thumb/2013/10/16/stocks2_economy_esenbel-medium.jpg "Photo by Can Esenbel [http://www.mundanepleasure.com/]")
EconomyThe Board of Directors of Hellenic Exchanges-Athens Stock Exchange (ATHEX) released its annual financial results for 2015 on March 21, 2016, showing that the consolidated net after tax profits of group amounted to 9 million euros compared to21 million i...
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Special ELSTAT report reveals dramatic changes in labour market since 1980s
EconomyMacroeconomyThe drastic changes in the Greek labour market were depicted in a special report released by the Hellenic Statistical Authority (ELSTAT) on Friday, which showed the evolution of a number of important features from 1981 until 2015. The labour force in Gr...
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