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Budget primary shows deficit of 7.01 bln in September

Mon, 26 Oct 2020 11:18:00 GMT

The budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus of 4.47 billion noted in September 2019, the final Finance Ministry (MoF... during the first nine months of the year. Personal income tax (PIT) was below target by 763 million

Podcast - Long live the revolution: The legacy of Greece's 1821 war of independence

Wed, 24 Mar 2021 15:25:00 GMT

Greece is celebrating the 200th anniversary of its war of independence, which began in 1821 and allowed Greeks to free themselves of Ottoman rule and oppression, and form their own nation-state. To mark this occasion, we spoke to Sakis Gekas, the Hellenic Heritage Foundation (HHF) Chair of Modern

General govt primary cash deficit at 7.01 bln in Sept, arrears up by 113 mln

Fri, 06 Nov 2020 11:23:00 GMT

Greece’s general government (gg) primary cash deficit came to 7.01 billion euros in the first nine months of the year compared to a surplus of 4.53 billion in the same period last year, according... at a deficit of 7.01 billion euros. The budget primary balance for the same time last year came

Budget primary shows deficit of 7.01 bln as revenues suffer in September

Thu, 15 Oct 2020 10:19:00 GMT

The budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus of 4.47 billion noted in September 2019, the preliminary Finance Ministry (MoF) budget execution bulletin for September showed on Thursday. The primary surplus was below its

Have inflation "repay" Greek debt and growth reduce indebtedness

Fri, 14 Aug 2015 11:12:00 GMT

: “We are indifferent as regards a haircut if (a) we don’t have to repay those loans for a very, very... ways to skin a cat. To sum up the above concept: Greece would not have to repay official debt for 50

Newsletter 198 -15/03/2019

Fri, 15 Mar 2019 07:48:00 GMT

. According to Euro2day, the government is set to agree to the threshold for the maximum deposits an applicant can have being set at 30 percent of the residual mortgage. The maximum level of the residual... to repay the Fund. The IMF acknowledges that the Greek economic recovery is ongoing, with GDP growth

Greek banks' equity raising could keep official support to a minimum

Mon, 09 Nov 2015 07:38:00 GMT

with the LME proceeds - the baseline-scenario capital shortfall of 2.2 billion and a maximum state aid... preference shares, which brings the maximum capital support from private investors at 2.6 billion... clarified that a part of the proceeds from the Finasbank sale will be used to repay CoCos right after

Media

Wed, 24 Dec 2014 09:25:00 GMT

Unsustainable futures? The Greek pensions dilemma explained 05/06/2015 ABC Greece seeks more time to repay... Mitsotakis conquista la mayoría absoluta en Grecia 07/07/19 Publico Mitsotakis prepara-se para vitória... on question, potential aftermath 04/07/2015 La Gaceta de Negocios 'Es mejor seguir en Europa, de

Newsletter 121 - 02/06/2017

Fri, 02 Jun 2017 12:17:00 GMT

not repay its debt in July. There is no such issue," he told Reuters. "What I did say... is almost attributed to corporate sector net additions of 763 million outpacing household lending deductions

GDP shows annual growth of 2.2 pct in Q3

Tue, 04 Dec 2018 12:22:00 GMT

quarterly growth streak experienced by Greece began in Q2 2005 and ended in Q4 2006. GDP grew by 2.2... percent QoQ. As mentioned, the provisional estimates showed that GDP grew by 2.2 YoY after a downward... of services rose by 2.2 percent QoQ and 13 percent YoY. The MoF’s growth estimate for imports in 2018