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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

The sale of natural gas firm DEPA and its possible legal complications

Mon, 12 Feb 2018 08:45:00 GMT

licensing regulation and a supply code, c) a gas disposal programme through DEPA electronic... to eliminate any existing horizontal or vertical conflict of interest between natural gas firm DEPA... the possible barriers to competition before the tender for exploitation of DEPA by the Hellenic Republic Asset

Industrial production stays in contraction for third successive month in Aug

Tue, 10 Oct 2023 09:59:00 GMT

of 0.9 pct, after an increase of 2.2 pct in the previous month. The annual movement in the index... successive positive months, to -1.3 pints after a rise of 2.6 points in the previous month. Since October

Energy bill also unveiled as legislative activity intensifies

Fri, 08 Nov 2019 13:23:00 GMT

On the same day it unveiled its much-trumpeted second tax bill, the government also put to public..., DEPA. The firm will be spun-off into three separate entities: retail, infrastructure... to be sold to a strategic investor. The international projects subsidiary will take over DEPA’s

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

Putin visit highlights potential, but also limitations, of Greece-Russia ties

Mon, 30 May 2016 10:39:00 GMT

DEPA last October in Rome will open the way for specific projects. It has become clear, though... diplomats believe an improvement in Greek-Turkish relations could put more pressure on Turkey. Athens... for the time being, on the IGI project, which is supposed to act as part of the South Stream pipeline

Grand projects and even loftier ambitions drive Greece's energy project bonanza

Wed, 17 Jan 2018 12:18:00 GMT

2017, the Greek gas utility DEPA tripled (albeit at a premium) its orders of LNG shipments to meet... by Greece’s DEPA and Italy’s Edison. The total cost of the project is estimated at 220 million... gas company DEPA recently signed a cooperation agreement, giving it a 20 percent stake in the project

EC ups growth to 2.2 pct in 2019, sees growth in 2020 at 2.4 pct

Thu, 13 Feb 2020 12:02:00 GMT

of the regular winter forecast cycle, revising upward its expectations for the growth of 2019 to 2.2 percent... growth stands at 2.2 percent. Net exports are the main contributor for last year’s performance... operator DEPA will send strong signals inside and outside Greece that something new has emerged

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