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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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Primary cash balance at surplus of 232 mln in Apr
EconomyMacroeconomyGreece’s central government primary cash balance recorded a surplus of 232 million euros in the first four months of the year according to figures released by the Bank of Greece (BoG). The headline... and settled at 302 million euros compared to 232 million euros last year. For the year to date, interest
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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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Piraeus Bank posts net loss of 232 mln in Q1 due to Covid-19 impact
EconomyBankingPiraeus Bank’s first quarter (Q1) results revealed a net loss of 232 million euros compared to a net profit of 189 million euros in Q4 2019. The latest results interrupt six consecutive quarters of profits. Pre-provision income (PPI) reached a 185 million in Q1 versus 193 in Q4. Net interest income
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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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Common ground absent after latest round of Cyprus discussions
PoliticsForeign Policyconcluding remarks he said that “to square the circle is an impossibility in geometry, but it is very... Rally Party (DISI) is losing ground according to the latest polls. The far-right ELAM party
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Greece seeks better relations with Albania as wariness of Turkey grows
PoliticsForeign Policy. These remarks, which are not in line with governmental responsibility, cause great concern.” Some... described Turkish President Recep Tayyip Erdogan as a “sultan.” He also tried to distance himself
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Farmers threaten more action after inconclusive meeting as Karystianou courts controversy
PoliticsGreek Politicsthis as part of her party’s commitment to transparency and citizen involvement. However, the remarks were... independence from mainstream parties may appeal to disillusioned voters, but her remarks on abortion have..., and promised special provisions for income losses linked to sheep and goat pox, which had disrupted feed
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On lockdown: The moments that will remain
Agorato be positive, even when they are the throwaway remarks from persons of note, is not a sign... villages by roasting lamb on their balconies and in their backyards, the city was unusually, even
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