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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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Samsung buys out Innoetics in latest boost for Greek tech sector
EconomyFeaturesSouth Korean technology giant Samsung has bought out Innoetics, a small Greek tech firm which... startup success story. Innoetics was bought up with 100 percent ownership by Samsung at a sum that has... institute. The company is now classified as an offshoot of Samsung and will continue its operations
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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.... percent, of which 36 million euros was from VAT on petroleum products. That represented a gap of 27.5
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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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Greeks tending to shop less often and opt for local products
Society, down from almost 310 euros per month in the previous survey conducted based on 2015 data. Around 60... and Economics showed that the crisis has made Greeks more inclined to prefer products made... conducted in 2016, consumers are showing a strong preference for products made locally. One of the main
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Newsletter 310 - 01/10/2021
challenge to deal with now. The producer price index released this week by ELSTAT captures the challenges... pct year-on-year, followed by the manufacture of petroleum products at 58.2 pct, fully capturing..., manufacture of petroleum products was up by 51.5 pct, followed by mining of coal and lignite that also jumped
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Economic diversification vital to Greece's post-coronavirus future
Agorawas acquired by Daimler, or Nanoradio acquired by Samsung), targeted tax breaks aimed at significant... in some countries could be advantageous to Greek food producers in terms of trading with new... from consumers and firms about the origin and quality of products they buy– a consequence
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How the Croatian government helped spread of 'plandemic'
Agoraof the public sought alternative explanations… All these moves ran up a tab that had to be paid in part.... And what these tumultuous times have produced, among other things, is an absolute increase... not produce any copyrighted content, but only take content from other sources and try to present
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Trade balance worsens as Aug produces 43.3 pct deficit on back of pick-up in non-EU activity
EconomyMacroeconomyof oil products and the value of ships, imports rose by 27.5 percent, while exports increased by 23.6 percent. Excluding the value of oil products and ships, the trade deficit rose by 32.3 percent
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