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Budget primary deficit at 1.47 bln euros in Jan, revenue shortfall hits 812 mln
EconomyMacroeconomybillion euros. Net revenues came to 3.85 billion euros, below target by 812 million euros... a deficit of 782 million euros for the month.
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Rise in overdue contributions slows to 310 mln in Q3, total at 16.9 bln
EconomyMacroeconomyThe rise in unpaid social security contributions (SSCs) slowed quarter on quarter (QoQ) to 310 million euros in Q3 of 2016, from 831 million in Q2. The outstanding amount reaching 16.92 billion, the quarterly bulletin of the single SSC collection centre (KEAO) displayed on Monday. The increase
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Budget primary confirmed at deficit of 1.47 bln in Jan as taxes dwindle
EconomyMacroeconomy. Net revenues came to 3.85 billion euros, below target by 812 million euros. The monthly primary... a deficit of 782 million euros for the month.
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"Executive state" model becomes latest lightning rod for discontent among ND MPs
PoliticsGreek Politicsmodel of governance in an attempt to manage complaints from rank-and-file MPs which culminated..., which include former government spokesman Yiannis Economou, argue that while the model had proved... governance. At the event, Mitsotakis backed Skertsos and defended the “executive state” model. The PM
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Athens buoyed by content, mood of Mitsotakis trip to Washington
PoliticsForeign Policythe world's longest submarine power cable (310 kilometres (190 mi) from Israel to Cyprus and 898... Europe. Additionally, Mitsotakis has announced the appointment of Nikos Tsafos, a member of the Center
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Development model questioned again amid reaction to luxury resort go-ahead
PoliticsGreek Politicsof the development model promoted by the New Democracy government. On Saturday PM Kyriakos Mitsotakis spoke... brings a new model of value-added development to the area, pointing to the heavy investment
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What is the state of play with Greek banks?
Economymodel to determine potential additional capital needs. The whole process is expected to be completed... a majority stake in Pangaea, its real estate investment subsidiary with an estimated market value of its
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After Q3 results, what next for Greek banks?
Agorawill be fed into BoG’s model to determine potential additional capital needs. Other elements... percent in Pangaea REIC to the Netherlands-based Invel. This resulted in a capital enhancement
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Political wrangling instead of vaccines
Agoraand ten cantons), Bosnia and Herzegovina is shifting responsibility from one level of government.... After the state tier failed to procure the necessary vaccines, the entities and cantons got involved... and in abandoned buildings do not even have basic medical care. Vaccination by cantons and entities
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Greece and the euro: The flight of Icarus
Agoraeconomic model in which the state was omnipresent. The two-party system that had dominated Greek... ($310 billion) from its bailout is going towards repaying existing debt means the amount Greece owes
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