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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

Many obstacles to clear in Greece's digital leap

Wed, 25 Nov 2020 11:21:00 GMT

Index (DESI), and 60th out of 100 countries included in the World Economic Forum’s “Readiness... it ranks bottom in the EU in the DESI index with a score of 8.3 pct compared to the EU average of 12.5 pct... average of 96 pct according to the DESI index. The average mobile internet speed of 41 Mbps puts

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

Bid for better use of digital tools likely to have decisive impact on ND's goals

Thu, 25 Jul 2019 11:13:00 GMT

(DESI) published by the European Commission. It shows that Greece ranks 26th out of 28 EU members... will be to converge with the EU average in the DESI index over the next four years. Pierrakakis said

Piraeus first Greek bank to repay Pillar II bonds, others to follow

Thu, 28 Apr 2016 08:58:00 GMT

Piraeus Bank said on Thursday that its remaining Pillar II bonds will be redeemed on Friday, which will make it the first Greek bank with zero reliance on any of the three pillars of the capital and liquidity support programme (Law 3723/2008) that was i...

Greece's key pledges and requests at the Eurogroup meetings

Wed, 18 Feb 2015 09:29:00 GMT

agreement that during this period the Greek state will be funded under a minimalist menu that solves