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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

Back from the brink: What next for Greece's property market?

Tue, 17 Oct 2017 09:02:00 GMT

news was that US investment fund Fortress was in talks to take on a 90 million euro bank loan from... to be kept in mind according to Stelios Bouras, journalist and editor of The Greek Guru, a site which

Greece's post-lockdown hubris

Mon, 17 Aug 2020 10:05:00 GMT

any hints to passengers and passers-by of the exceptional circumstances. Signage in parks... reform and which had only recently trumpeted the appointment of a digital marketing guru to burnish

Greece aligns with EU on Israel-Iran conflict, keeps close watch on Turkey as Ankara submits maritime plans

Tue, 17 Jun 2025 06:46:00 GMT

the impact of the ongoing conflict on energy security. “We urge all parties involved to exercise maximum... this Tuesday in an extraordinary meeting of his EU counterparts called by EU top diplomat Kaja

PM hits back at labour reform critics, defends 13-hour working days

Mon, 20 Oct 2025 08:01:00 GMT

employers under strict conditions, which include a maximum of three days per month, employee... - an admission that hints at disillusionment even within the ruling party’s base. The poll paints

Eurobank first to tackle NPL reduction via APS

Wed, 13 Nov 2019 12:08:00 GMT

the bids submitted by Pimco and doValue on behalf of Fortress for 80 percent of Eurobank’s licensed... on the website euro2day.gr on Tuesday afternoon, the doValue-Fortress bid was considered a stronger bid... Fortress earlier in November. The bank had previously been in exclusive negotiations with PIMCO until

Stournaras presents debt relief plan with maximum benefits for Greece, minimum cost for lenders

Mon, 06 Mar 2017 08:45:00 GMT

During a speech at the Delphi Economic Forum on Saturday, Bank of Greece (BoG) governor Yannis Stournaras presented the outcome of an exercise conducted by the central bank showing that mild debt relief in the form of smoothing interest payment for EFSF...