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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 366 - 20/01/2023

Fri, 20 Jan 2023 12:17:00 GMT

for 2023 hinging largely on 15.5 pct growth in investments, it is no surprise that it has all hands... it into Parliament as the sixth party represented in the House, the threshold for the winning party to gain

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

Fitch improves outlook to positive, sees investment grade hinging on fiscal performance and banks

Mon, 17 Jan 2022 09:01:00 GMT

Fitch got the schedule of rating reviews in the new year underway with an upgrade of Greece’s outlook to positive from stable, while it reaffirmed the rating at ‘BB’. Fitch was the first agency to upgrade Greece’s rating to ‘BB’ back in January 2020, ju...

PBO sees 2024 growth of 2.5 pct hinging on RRF and investments

Tue, 02 Apr 2024 07:50:00 GMT

The Parliamentary Budget Office (PBO) published on Monday its latest quarterly report in which it is broadly positive about the prospects of the Greek economy in 2024, though it does flag up concerns about the effects of persistent inflation, the implic...

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

PM aims to press ahead with reform agenda in face of scandals and pandemic

Tue, 23 Feb 2021 11:10:00 GMT

recovery as hinging on necessary changes to public administration, while the government’s efforts

EC sees strong recovery in 2021, solid growth in coming years underpinned by RRF

Thu, 11 Nov 2021 12:35:00 GMT

to risks, with the macro estimates hinging on positive developments on the pandemic front, without any

OECD sees growth stable at 2 pct this year, urges reforms and fiscal discipline

Wed, 08 May 2024 06:26:00 GMT

investments rising by 9.1 pct in 2025, hinging on the assumption of uninterrupted allocation of the RRF