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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

Eurogroup presidency hailed as pinnacle of recovery as OPEKEPE hearings descend into turmoil

Fri, 12 Dec 2025 12:32:00 GMT

by repeatedly allowing witnesses to stonewall the inquiry and insult elected officials. A move

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

Are Chinese investments starting to hit a wall in Germany?

Fri, 01 Mar 2019 07:57:00 GMT

to allow privately-owned Huawei equipment to be used in its forthcoming mobile telephony 5G wireless... of Vodafone and Telefónica O2 operating in Germany have built the 4G network with Huawei infrastructure equipment. All three companies have long-term strategic partnerships with Huawei. The transfer

Development model questioned again amid reaction to luxury resort go-ahead

Thu, 16 Jul 2020 11:12:00 GMT

of the development model promoted by the New Democracy government. On Saturday PM Kyriakos Mitsotakis spoke... brings a new model of value-added development to the area, pointing to the heavy investment

Revenues at 4.77 bln in Oct, beating target for fourth straight month

Mon, 25 Nov 2013 15:51:00 GMT

to the targets being beaten over the last four months, even though there is a steady increase in unpaid...The final budget execution to October confirmed preliminary figures, released by the Ministry of Finance (MoF) on November 13, showing revenues beating monthly targets by 763 million euros

Newsletter 275 -27/11/2020

Fri, 27 Nov 2020 07:32:00 GMT

a ten-year plan for the transformation of the Greek economic model. The report includes radical changes to tax policy, social insurance and the education system in order to move to a more extrovert model.... Aggregate PIB expenditure came to 7.01 billion, overshooting the target by 2.28 billion. Overall, the PIB

Greece and the euro: The flight of Icarus

Mon, 29 Oct 2012 14:38:00 GMT

economic model in which the state was omnipresent. The two-party system that had dominated Greek... approach the challenge facing them as an economic problem rather than a moral quandary, where