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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. Despite strong rebound on Friday, Greek stocks dive 5.2 pct during week
    Photo via www.helex.com

    Economy

    the negative sentiment that prevailed in the global markets until Thursday largely fuelled by Brexit... of understanding (MoU) that replaces the MoU signed last August. The market traded in negative territory until... was recorded by GEK Terna (-0.5 percent), Coca Cola Hellenic – CCH (-0.9 percent), and Athens Water

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  3. 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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  4. Stocks fall for fifth straight week, edging down 0.8 pct

    Economy

    The Greek equity market continued heading south this week, remaining weak until Thursday amid... process. As a result, the Athens Stock Exchange general index, which had dropped by 3.2 percent until... volatile for yet another week. They experienced losses of 10.9 percent until Thursday, when the banking

    54%
  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. Greek stocks almost unchanged at end of roller coaster week

    Economy

    month until the end of September. OPAP reported Q2 sales up 13.2 percent to 1.07 billion, EBITDA up 35.9... Cola Hellenic – CCH (-4.5 percent) and Athens Water – EYDAP (-3.5 percent). Turnover stood above

    51%
  7. Greek stocks down 4.6 pct during week after Friday’s sell-off

    Economy

    of the first programme review. The market traded sideways until Thursday, but slumped 4.2 percent... this week, namely Coca Cola Hellenic – CCH (+4.3 percent) and Folli-Follie (+4.2 percent

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  8. Gains of 2.5 pct for stocks this week amid subdued trading volumes
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    until Friday, when the turnover surpassed the 50-million-euro mark for the first time this week... in the previous week. Corporate news Coca Cola Hellenic (CCH) posted a rise of 22.5 percent in 2016 net

    51%
  9. Revenues at 4.77 bln in Oct, beating target for fourth straight month

    Economy

    surplus to 689 million from its peak of 1.82 billion until July, yet with a consequent positive impact... to the targets being beaten over the last four months, even though there is a steady increase in unpaid... of Finance (MoF) on November 13, showing revenues beating monthly targets by 763 million euros

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  10. 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

    46%