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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

Draghi sets out QE obstacles facing Greece

Tue, 10 Jul 2018 09:16:00 GMT

European Central Bank president Mario Draghi confirmed on Monday that Greece has little chance..., Draghi re-emphasised that Greek bonds could only be part of QE if they continue to have a waiver... enhanced surveillance doesn’t warrant a waiver,” said Draghi, indicating that once Greece completes its

Lavrov visit yields little for Athens, which denies Iranian bank veto

Thu, 03 Nov 2016 12:11:00 GMT

defied the EU and the US on sanctions for Iranian Bank Sederat. According to analysts, this stance could... evidence to back up its claim that the Iranian bank was carrying out illicit activities. The Greek

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

Athens looks to Draghi for positive signals on debt relief

Fri, 21 Oct 2016 07:24:00 GMT

It was mentioned almost as an afterthought. Mario Draghi, the European Central Bank President... purchasing bonds. Thank you.” The timing of Draghi’s remarks could not have been more critical... willingness to tackle a couple of reforms.” Athens would rather focus on comments like Draghi’s than

Newsletter 499 - 20/03/2026

Fri, 20 Mar 2026 08:16:00 GMT

in Saudi Arabia shot down Iranian ballistic missiles this week. Greek frigates are escorting ships... Arabia had intercepted two Iranian missiles aimed at oil refineries. It was the first confirmed use..., the alliance’s key naval base in Crete, was assessed to face a “significant risk” of Iranian missile

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

Newsletter 121 - 02/06/2017

Fri, 02 Jun 2017 12:17:00 GMT

effect. Speaking to MEPs in Brussels on Tuesday, ECB president Mario Draghi said the he “regretted...,” he said. “That’s the only thing that is needed at this point in time.” Draghi warned that “QE... is almost attributed to corporate sector net additions of 763 million outpacing household lending deductions

Greece steps up effort to bolster relations with Iran

Wed, 02 Dec 2015 07:59:00 GMT

predecessor Evangelos Venizelos visited the Iranian capital in 2014. Then, Venizelos was seeking to see how... are Iranian forces that have been deployed in Syria. Facing its own challenges from the Syrian war... in the energy sector and, more specifically, to re-start Iranian oil supplies. There is also a Greek