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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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Three investment groups table binding offers for Thessaloniki Port
Economyon Friday three binding offers for the acquisition of a 67 percent stake in Thessaloniki Port Authority (OLTH). Binding bids were submitted by the International Container Terminal Services (Philippines... (April 2016), binding bids were initially expected in the third quarter of 2016. Moreover, pending
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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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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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Athens wary as exploratory talks with Turkey approach
PoliticsForeign PolicyAfter a fractious year in its relations with Turkey, Greece is preparing itself for bilateral... a solution in this framework.” East Med In the meantime, Greece will aim to strengthen bilateral..., Ataman and Cengiz Han vessels within the contours of Turkey’s continental shelf through June 21. Athens
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Athens unmoved as relations with Russia become chillier
PoliticsForeign PolicyBilateral relations between the Greek government and Russia's President Vladimir Putin appear... Gazprome CEO, Alexey Miller and Rosneft Chairman Igor Sech. It was during Putin's visit that, according to certain stories in the Greek media, the first crack in bilateral relations appeared. 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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Tsipras's choices are becoming clearer but not any easier
Agorasurplus target being beaten by 1.5 percentage points in 2016 (an assessment that the European... of Greece governor Yannis Stournaras said that a legally-binding commitment to implement further debt... into any binding discussion about debt relief. However, it is doubtful if Tsipras’s hard-pressed MPs
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