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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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PWC report finds Greek fire damage above average despite lower incidence
SocietyA 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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Greek tourism building strength but needs to diversify, PWC study finds
EconomyFeaturesPWC 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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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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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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Greece grapples with second Covid-19 wave as cases soar
Societystood at 41 cases, pointing to the beginnings of a second wave. A combination of locals on holiday plus..., reflecting that unlike the first wave, the second wave was being driven by younger people. By the beginning of August, Greece was clearly experiencing its second wave. Indicative of the speed of the new wave
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First-wave champion Greece stumbles at vaccine roll-out
AgoraAfter suppressing the first wave of Covid-19, Greece was regularly cited as an exemplar in tackling the pandemic. Now in its fourth wave, low vaccination coverage is proving to be the country’s... for deaths, both below the EU average. Greece is currently battling the fourth wave of Covid-19
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Newsletter 271 -30/10/2020
wrong, the timing is also inappropriate because of the fears about a new wave of non-performing... at 7.01 bln September figure confirmed as missing target by 9.58 billion euros The budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus
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Newsletter 367 - 27/01/2023
taxation. In reality, the cost-of-living crisis and the inflation wave that have pushed up tax revenues... goal of 28.49 billion euros, beaten impressively by 3 billion euros. At the same time, income taxes... with the inflation wave, it is evident in the data that Greeks did most of the heavy fiscal lifting
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