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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

Quo vadis Germany? Sunday's elections leave many questions in need of answers

Mon, 27 Sep 2021 06:31:00 GMT

for the 20th Bundestag. The German Parliament will subsequently elect the ninth chancellor... has served in different ministerial positions and was mayor of Hamburg before focusing on politics... (Berlin, Frankfurt, Hamburg, Munich). The CDU in the post-Merkel era recorded a historical crash

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

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

Mon, 29 May 2017 13:37:00 GMT

. The positive flow in April is almost entirely attributed to corporate sector net additions of 763... positive for the third successive month, with net additions climbing to 763 million in April

March fall for Greek industrial turnover is ninth in 15 months

Tue, 20 May 2014 11:36:00 GMT

After a temporary stall in February, the Turnover Index in Industry resumed a negative trend in March easing by 1.1 percent, according to the Hellenic Statistical Authority (ELSTAT). The February reading was revised from a marginal drop of 0.1 percent t...

CPI rises for ninth straight month in Sept with 1 pct increase

Tue, 10 Oct 2017 10:35:00 GMT

Greece’s Consumer Price Index (CPI) rose by 1 percent in September, up slightly from the 0.9 percent increase noted in August, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. This means the reading has remained positive for nine months i...

Wages index up by 2.2 pct in Q2 for ninth straight increase

Wed, 11 Sep 2019 10:00:00 GMT

Greece’s seasonally adjusted (SA) Wages Index rose by 2.2 percent year-on-year (YoY) in the second quarter (Q2) of 2019, following an increase of 1.8 percent in Q1, Hellenic Statistical Authority (ELSTAT) figures revealed on Wednesday. The wages index c...