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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

Newsletter 271 -30/10/2020

Fri, 30 Oct 2020 07:46:00 GMT

that a large portion of workers fell into one of three categories: Either they saw their work suspended... 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

Newsletter 387 - 30/06/2023

Fri, 30 Jun 2023 10:16:00 GMT

PoliticsMitsotakis re-elected, Tsipras beaten and far right resurgentSunday’s election delivered... into 158 seats in Parliament. Main opposition party SYRIZA saw its support dwindle even further..., will engage in the most populist and reactionary opposition possible with the aim of presenting

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

On Portugal, PSI and a national salvation pact

Sat, 18 Jan 2014 11:15:00 GMT

. Based in New York Midtown, on Madison Avenue, the hedge fund decided in the week that Portugal... “Rehabilitating Portugal” precisely the day of the market operation (9 January). Also on the Alphaville blog... of May? From a timing standpoint, the longer Portugal waits to restructure its debt, the higher

Newsletter 269 -16/10/2020

Fri, 16 Oct 2020 07:08:00 GMT

regarding its intentions to engage in a dialogue with Greece within the framework of the so–called... encouraged extremists and that New Democracy even saw GD as a potential future ally, which is why... shows deficit of 7.01 bln September figures show decline in revenues On a monthly basis, net revenues

The complexities of regaining market access: Could Greece learn from Portugal?

Thu, 09 Jan 2014 19:31:00 GMT

Portugal is trying for the second time in three months to test its capacity to return... for the government of Prime Minister Pedro Passos Coelho. Greece, Portugal’s eurozone peer and fellow.... There are different avenues leading to a country’s return to international bond markets. Portugal’s

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

Portugal and Greece: The opposite ends of Europe’s southern periphery

Wed, 11 Nov 2015 11:33:00 GMT

Portugal and Greece are geographically located at the opposite ends of the eurozone’s southern... of Greece for the first time in mid-2010 and Portugal a year later in May 2011, carries... assistance programme in July 2015, and is therefore in a league of its own in the eurozone, Portugal

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