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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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Banks saw asset quality and liquidity trends improve in Q4 but process interrupted in 2017
Agorato liquidity and funding. The tangible equity (TBV) of the four banks amounted to 28.4 billion... 0.26x their TBV. An amendment that was voted in Parliament at the end of March allows banks to amortise... supported by the seasonally high inflows in December. At the same time, reliance on Eurosystem funding
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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... at a deficit of 7.01 billion euros. The budget primary balance for the same time last year came... million euros. Bank of Greece funding was unchanged month-on-month at 1.44 billion. Guarantees
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Tax chief's departure brings coalition revenue plans under scrutiny
PoliticsGreek PoliticsThe resignation on Thursday of Greece’s chief tax collector, Haris Theoharis, has raised questions... and meeting the troika’s demands. Theoharis, an IT expert, took over as general secretary of revenues... administration chief. Even today, Theoharis only has partial control over the Financial Crimes Squad
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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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Newsletter 269 -16/10/2020
regarding its intentions to engage in a dialogue with Greece within the framework of the so–called... encouraged extremists and that New Democracy even saw GD as a potential future ally, which is why... shows deficit of 7.01 bln September figures show decline in revenues On a monthly basis, net revenues
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Survey reveals working lives, job-finding trends of young Greeks
Societysaw it through to completion. This tended to be people who have completed tertiary education and Greek... surveyed said that they found no type of support helpful. When it comes to finding a job, the most
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Lowest income groups in Greece saw wages drop and taxes rise most during crisis
SocietyLower income groups in Greece saw their tax burden increase by 337.7 percent from 2008 to 2012... percent from 2008 to 2012, the bottom three income groups saw their earnings from wages sink the most...) was in the 5th decile while those at the top saw their wage income fall by 9.3 percent. It also finds
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Newsletter 488 - 12/12/2025
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... the initial refusal to engage while protests continued. Farmers are due to hold a national meeting
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Newsletter 387 - 30/06/2023
PoliticsMitsotakis re-elected, Tsipras beaten and far right resurgentSunday’s election delivered... into 158 seats in Parliament. Main opposition party SYRIZA saw its support dwindle even further..., will engage in the most populist and reactionary opposition possible with the aim of presenting
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