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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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PM riles SYRIZA with remarks on EU anniversary
PoliticsGreek PoliticsGreece marked on Thursday the 40th anniversary of its accession to what was then the European Economic Community, but remarks made in the presence of EU dignitaries by Prime Minister Kyriakos... for Greece, not a party-political gathering. SYRIZA referred to Mitsotakis’s remarks as “incendiary
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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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Public deficit and democratic duty
Agoragoing to make wrong decisions,” Korean economist Ha-Joon Chang recently said in an interview... looked at the numbers. It is here that the ignorance Ha-Joon Chang refers to is exploited by those... going on and they don’t want to understand what’s going on,” said Chang. That is why understanding
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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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Amid signs of split over Tempe probe, government plays down EU prosecutor’s remarks
PoliticsGreek PoliticsThe government attempted to put a positive spin on the pointed criticism delivered by European Chief Prosecutor Laura Kovesi during her visit to Athens but Prime Minister Kyriakos Mitsotakis’s administration continues to be dogged by some of the issues ...
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HCAP and Finance Ministry reveal five-year strategic plan for public assets
EconomyFeaturesthe control of HCAP, which include power firm PPC, water company EYDAP and public transport organisation OASA... and opportunities, with long-term and short-term goals for each company. Regarding OASA, for example, HCAP
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Media
No image availableMitsotakis conquista la mayoría absoluta en Grecia 07/07/19 Publico Mitsotakis prepara-se para vitória... of recovery but little relief for Greeks 24/03/18 La Vanguardia La larga travesía de Grecia 08/03/18... on question, potential aftermath 04/07/2015 La Gaceta de Negocios 'Es mejor seguir en Europa, de
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IMF comments, blog leave no doubt credible debt relief has to be agreed soon
EconomyProgrammeAlmost two weeks after the publication of its Article IV consultation report on Greece, including its updated debt sustainability analysis, the IMF published on Thursday evening a blog with the Fund’s perspective on dealing with sovereign debt. The article is written by Sean Hagan, general Counsel
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