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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

Consumer confidence takes 10-point dive in September

Thu, 28 Sep 2023 12:03:00 GMT

Greece’s economic sentiment (ESI) recorded a drop of almost 3 points in September to 108 points..., and is now at the highest since early 2022. It is not far off the recent high of more than 114 points..., dropping to 84.4. Over the rolling 12-month period, the ESI in September was 9 points up from the 99.2

Hitman's furlough and investment complications pose new problems for Tsipras

Fri, 10 Nov 2017 14:45:00 GMT

The Greek government found itself dealing with multiple crises of a very different nature on Friday. The first concerns the release of the November 17 urban guerrilla group’s hitman Dimitris Koufodinas from prison on a two-day furlough on Thursday. The decision, taken by a parole board

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

Sub-tranche, 2017 fiscal performance ticked off on first day of review talks

Tue, 24 Oct 2017 07:38:00 GMT

that the negotiations got off to a positive start. At least, this was the message conveyed by Prime Minister Alexis... the target will be beaten and how much of the excess surplus the coalition will be able

Newsletter 271 -30/10/2020

Fri, 30 Oct 2020 07:46:00 GMT

at 7.01 bln September figure confirmed as missing target by 9.58 billion euros The budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus... Consumer confidence drops for fourth consecutive month Compared to October 2019, the ESI has

ESI up to 101.8 in November, consumer confidence rises for sixth straight month, jumping by 2.5 pts

Thu, 29 Nov 2018 12:08:00 GMT

Greece’s economic sentiment (ESI) rose by 0.8 points to 101.8 in November from 101 in October, European Commission (EC) figures revealed on Thursday. Sentiment has stayed above the 100-point mark... a score of 96.8 was noted for November. Compared to November 2017, the ESI has risen by 3.2 points

Consumer confidence hits 19-year high, ESI highest since 2007

Thu, 29 Aug 2019 10:58:00 GMT

Greece’s economic sentiment (ESI) strengthened by 3.1 points in August to reach 108.4 points, European Commission (EC) figures showed on Thursday. As of August’s reading, the index has remained above..., when the index reached 109.1. Compared to August 2018, the ESI has increased by 3.7 points. Consumer