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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... includes 122,319 debtors and recorded a drop by 1,772 from the previous quarter. In addition, more than
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Athens buoyed by content, mood of Mitsotakis trip to Washington
PoliticsForeign Policyin relation to what is happening in Ukraine, underscoring the need for a strong reaction... the 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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EC expects Greek GDP to drop by 9.7 pct for biggest fall in EU, before strong rebound in 2021
Economy, the Commission expects the economy to be hit badly by the pandemic, leading to a severe drop of 9.7 pct... a strong rebound of 7.9 pct in 2021. The Commission notes that Greece’s large dependency on the hospitality... pct in 2020 and to rebound by 17.9 pct in 2021. Imports will drop by 18 pct this year and grow
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Survey attempts to map current contours of progressivism in Greece
Societytoday tests conventional left-right divisions. It combines strong support for welfare-state...% prefer a proportional tax system based on income and wealth. The combination of strong welfare preferences and strong anti-tax sentiment constitutes a political puzzle: appetite for public services
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First challenges for tourism plan, as public relaxes approach to virus
PoliticsGreek Politics, such as the Scandinavian countries, have issued strong guidance against travel to southern Europe this summer...-risk by the EU’s Aviation Safety Agency EASA, and would be under constant review. Theoharis stressed... and safety criteria”, adding, “the EASA list is our guide”. Currently, all arriving international
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Drop in revenues drives Jan central government primary cash deficit to 149 mln
EconomyMacroeconomy2015 from surplus of 812 million last year, according to the Bank of Greece (BoG). The central... not comparable. The breakdown of BoG figures showed a sharp drop in cash revenues by 29.9 percent... 11.3 percent to 3.2 billion. The drop in the respective state budget execution item was slightly lower
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Reactions to reshuffle continue as government seeks fast track prosecution of former minister
PoliticsGreek Politicsthe protests, have already condemned the initiative in strong terms, accusing the government.... On Monday, Deputy Energy Minister Nikos Tsafos came under fire from opposition parties over... to show understanding for some of Turkey’s claims in the Aegean make Tsafos unsuitable to hold
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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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Newsletter 253 -05/06/2020
growth and is the sharpest QoQ contraction since Q3 2015, when there was a drop of 2 percent. Compared... the strongest since the depths of the credit crisis in 2015. Difficulties in resuming operations and a drop... by the EU’s Aviation Safety Agency EASA, and would be under constant review. Theoharis stressed
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