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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

BoG revises GDP forecast, stresses debt restructuring and reforms in monetary policy report

Mon, 03 Jul 2017 08:16:00 GMT

The Bank of Greece’s (BoG) monetary policy report, submitted to the Parliament last Friday... in the tax burden. The BoG notes that despite the downwardly revised forecast, the medium-term growth... could aid Greece’s economic recovery. To this end, the BoG notes that the Greek economy still faces

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

Revenues at 4.77 bln in Oct, beating target for fourth straight month

Mon, 25 Nov 2013 15:51:00 GMT

that MoF figures are on a modified cash basis, while Bank of Greece (BoG) respective figures... to the targets being beaten over the last four months, even though there is a steady increase in unpaid... of Finance (MoF) on November 13, showing revenues beating monthly targets by 763 million euros

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

Tax chief's departure brings coalition revenue plans under scrutiny

Fri, 06 Jun 2014 09:05:00 GMT

governments have tended to relax tax collection measures in the build-up to elections. While Theoharis quit... euros. #Greece new unpaid taxes at €763 mln in Apr (from €1.21 bln in Mar) & at €4.33 bln year

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

Mon, 29 May 2017 13:37:00 GMT

percent in the previous month, Bank of Greece (BoG) figures showed on Monday. The headline figure... exposures (NPEs). The latest BoG showed the NPE stock was reduced to 104.8 billion euros at the end.... The positive flow in April is almost entirely attributed to corporate sector net additions of 763

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... notably from inflows of 421 billion euros in August, Bank of Greece (BoG) figures revealed this week

Coalition ministers, MPs wrestle with implications of Eurogroup agreement

Thu, 26 May 2016 13:58:00 GMT

a discount until now. He was beaten to it, though, by Defence Minister Panos Kammenos, who leads... will ask Athens to relax the restrictions on mass dismissals as part of the second bailout review