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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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Athens buoyed by content, mood of Mitsotakis trip to Washington
PoliticsForeign PolicyEurope. Additionally, Mitsotakis has announced the appointment of Nikos Tsafos, a member of the Center... the world's longest submarine power cable (310 kilometres (190 mi) from Israel to Cyprus and 898... of talks Foreign Minister Nikos Dendias held with his US counterpart, Antony Blinken at the US State
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Reactions to reshuffle continue as government seeks fast track prosecution of former minister
PoliticsGreek Politics. 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 such a sensitive post. Tsafos, who had previously served as Mitsotakis’s advisor on energy, was forced
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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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Greek stocks end week flat as Friday’s strong rebound erased earlier losses
EconomyThe Greek equity market moved sideways this week, ending almost flat (-0.1 percent), while trading volumes were softer than the previous week. The ESM decision to freeze the implementation of short... on Friday virtually flat from the end of the previous week. Overall, Greek stocks have gained 4.5 percent
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Greek stocks remain flat during week, banks underperform
EconomyThe Greek equity market traded sideways amid muted sessions this week, ending flat compared to the previous week’s closing. S&P affirmed last Friday evening Greece’s ‘B-/B’ ratings with a stable outlook, reflecting its view that the government is meeting, albeit with delays, the terms of the third
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CPI stays flat in December, falls by 0.8 pct in 2016
EconomyMacroeconomymonth. In addition, the goods’ index stayed flat, while the services’ index edged up 0.1 percent
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With troika OK pending, 2014 budget sees primary surplus at 1.6 pct of GDP
EconomyMacroeconomyprimary surplus for both years was reaffirmed, at 812 million in 2013 and at 2.95 billion in 2014.... Excluding the aforementioned items under EAP rules, gg primary surplus is seen at 812 million (0.4... flat yoy at 183.1 billion in 2014 from 182.9 billion in 2013. It is noteworthy that the Ministry
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Budget execution shows surplus of 811 mln at start of 2014
EconomyMacroeconomyrevenues remained almost flat year on year at 4.39 billion, falling short of target by 274 million... 1 billion euros compared to the initial estimate of 812 million incorporated in the 2014 budget... the ESA-95 methodology. Thus, the equivalent MoF projection of 812 million under EAP stands at 3.9
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