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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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What next for Cyprus gas after the Exxon find?
Agora, it is a lot less than Israel’s 21.4 tcf Leviathan field and Egypt’s 32 tcf Zohr field. It is also a tiny... (or Leviathan) may not be possible if there are differences in the type of gas. Aphrodite and Leviathan, located in sand structures, contain no hydrogen sulfide (H2S) and generally lack impurities
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Common ground absent after latest round of Cyprus discussions
PoliticsForeign Policyleader Ersin Tatar, and the foreign ministers of Greece, Turkey and the UK - the three guarantors... said the two sides, the three guarantors and the UN would meet again within two to three months... will be unavoidable when new talks are held. Greek position As one of the three guarantor powers, Greece
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Athens takes Turkish foreign policy pivot in its stride, sticks to Egypt, Israel goal
PoliticsForeign Policythe Leviathan gas field) is Turkey, a country which is able to offer the right infrastructure and secure ways... decided to use Turkey's Ceyhan port to export the natural gas that will be drawn from Leviathan gas
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PMI at 54.2 in Feb as new clients and overseas orders spur growth
EconomyMacroeconomyGreece’s manufacturing PMI increased to 54.2 points in February from 53.7 points in January, staying over the 50-mark threshold for close to two years. PMI noted that the latest reading was the best since May 2018. It also stood above the long-run serie...
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Athens hopes Biden will spur change in policy, curbing Ergodan
PoliticsForeign PolicyThe election of Joe Biden as the 46th US President has fired up expectations in Athens for a further improvement in Greek-US relations and that Washington will be supportive of Athens’s positions in its ongoing crisis with Turkey. A lot will depend on h...
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Newsletter 310 - 01/10/2021
PoliticsFull speed ahead for warship, defence deal with FranceGreece believes that it took a significant step this week to upgrading its defence capabilities but also bolstering the country’s geopolitical standing after agreeing to purchase at least thr...
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Athens sticks by effort to build bridges with FYROM
PoliticsForeign Policy(Monastiri). Greece also values the fact that 3 million people from FYROM visited Greece
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