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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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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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Pandora's box ajar for Turkey and Greece?
Agora" but his Lausanne remarks made an unannounced visit. He is a man not known for mincing his words but were the Lausanne Treaty revision remarks planned beforehand? Did Erdoğan take an impromptu step... a similar approach akin to Hungarian Prime Minister Viktor Orbán's policy of rallying ethnic
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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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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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Newsletter 82 - 15/07/2016
four months of the year rose to 11.6 percent, while building surface and volume exhibited a higher drop... is the lowest reading since December 2014. The drop was largely in the wake of the ECB’s decision to reinstate the waiver and reflects a drop in emergency liquidity assistance (ELA) funding by 10.44 billion
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