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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...-on-year (YoY) decline was noted in social security funds (SSFs) with an annual fall of 1.15 billion... billion. Overall, the state budget primary balance showed a fall of 11.54 billion euros, landing
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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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Kammenos prepares to quit coalition amid ANEL unrest, issues to settle with PM
PoliticsGreek PoliticsThe much-advertised split between SYRIZA and Independent Greeks (ANEL) seems to be just days away... ANEL, has called a meeting of the party’s parliamentary group and executive committee on Wednesday... procedure in Skopje is due to be completed by January 14 at the latest. Therefore, ANEL’s departure
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Lowest income groups in Greece saw wages drop and taxes rise most during crisis
Society) was in the 5th decile while those at the top saw their wage income fall by 9.3 percent. It also finds...Lower 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
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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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ANEL leader under scrutiny due to party unrest, questions over refugee funds
PoliticsGreek PoliticsIndependent Greeks (ANEL) party and the revelation that European anti-corruption authorities... portrayed as a matter he is prepared to quit the coalition over. Despite his threat, two of ANEL’s seven... with the Former Yugoslav Republic of Macedonia (FYROM). There is a sense that ANEL, a party founded during
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Newsletter 85 - 05/08/2016
In a non-paper issued on Wednesday, the Finance Ministry clarified that budget revenues had beaten... of finding settlements for cooperative borrowers subject to their capabilities and peculiarities... that the European Union’s agreement with Turkey could fall apart soon. Ankara expressed its dissatisfaction
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Coalition majority trimmed further after unexpected loss of ANEL MP
PoliticsGreek PoliticsThe coalition lost another MP on Tuesday, when Independent Greeks (ANEL) deputy Giorgos Lazaridis.... Another ANEL MP, Dimitris Kammenos, was ousted from the party when he voted in favour of the censure... MPs (145 from SYRIZA, 7 from ANEL) in the 300-seat Parliament, leaving Prime Minister Alexis Tsipras
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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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Opposition pressures SYRIZA by refusing to support bills ANEL dodges
PoliticsGreek PoliticsIndependent Greeks (ANEL) have disagreed on a number of issues since first joining forces in January..., such as education, the Church of Greece and migration. Most famously, in June 2015 ANEL failed to support... by Brussels. However, New Democracy and ANEL were among those that expressed concern this would lead
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