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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... in the aggregate period, as mentioned, 4.72 billion euros lower than the target of 38.22 billion euros... billion euros, lower than the target by 4.01 billion or 9.6 percent. On an aggregate basis, tax revenues

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

Thu, 15 Oct 2020 10:19:00 GMT

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

Greece's post-lockdown hubris

Mon, 17 Aug 2020 10:05:00 GMT

become fairly prevalent among the public at large: More than half of respondents to a survey conducted..., social media is twice as popular among younger age groups than are conventional news websites... themselves set the first example. No sooner were movement restrictions lifted, than politicians

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

Next key programme developments due in April as Athens shapes growth strategy

Mon, 12 Mar 2018 09:03:00 GMT

to rubber stamp the decision to disburse the next bailout tranche of 5.7 billion euros after... Minister Giorgos Houliarakis, details of which have been reported in the local media, hints... in to achieve average growth of more than 2 percent. Private consumption’s share of the economy is seen

Mitsotakis mixes old hands and technocrats to stamp reformist bent on cabinet

Tue, 09 Jul 2019 12:05:00 GMT

the 51 ministers sworn in on Tuesday are more than the small, flexible team many expected, the 21 mostly... than a technocrat, he can boast that the November 17 terrorist organisation was arrested under his

SYRIZA and ANEL: Far from picture-perfect

Mon, 14 Jan 2019 10:23:00 GMT

to an end now, having lasted longer than many observers expected, but its deep flaws were visible...-wing party surged from the fringes to gain 36.3 percent of the vote – more than Greece’s traditional... of thoroughness than serving any practical purpose. In between them, there was a small cup of coffee. That’s

Credit contraction decelerates to 0.9 pct in April, net additions climb to 659 mln

Mon, 29 May 2017 13:37:00 GMT

for the second straight month, more than doubling to 659 million in April from 307 million in March... has prevailed in the Greek banking market. The loan balance has dropped by more than 25 percent amid... in NPEs, which as seen decreasing by more than 40 billion by the end of 2019. The bulk of the pledged

Newsletter 269 -16/10/2020

Fri, 16 Oct 2020 07:08:00 GMT

unscathed and the initial indications are that rather than create greater unity in Greek politics... traditionally been Greece’s strongest thanks to tourism, to fall by more than 10 pct annually. Beyond... being a major drag that could push third quarter GDP even deeper than the second quarter drop