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Budget primary deficit at 1.47 bln euros in Jan, revenue shortfall hits 812 mln

Mon, 15 Feb 2021 12:44:00 GMT

billion euros. Net revenues came to 3.85 billion euros, below target by 812 million euros... a deficit of 782 million euros for the month.

Samsung buys out Innoetics in latest boost for Greek tech sector

Tue, 11 Jul 2017 09:22:00 GMT

South Korean technology giant Samsung has bought out Innoetics, a small Greek tech firm which... startup success story. Innoetics was bought up with 100 percent ownership by Samsung at a sum that has... institute. The company is now classified as an offshoot of Samsung and will continue its operations

Budget primary confirmed at deficit of 1.47 bln in Jan as taxes dwindle

Fri, 26 Feb 2021 10:37:00 GMT

. Net revenues came to 3.85 billion euros, below target by 812 million euros. The monthly primary... a deficit of 782 million euros for the month.... percent, of which 36 million euros was from VAT on petroleum products. That represented a gap of 27.5

Rise in overdue contributions slows to 310 mln in Q3, total at 16.9 bln

Tue, 25 Oct 2016 07:39:00 GMT

The rise in unpaid social security contributions (SSCs) slowed quarter on quarter (QoQ) to 310 million euros in Q3 of 2016, from 831 million in Q2. The outstanding amount reaching 16.92 billion, the quarterly bulletin of the single SSC collection centre (KEAO) displayed on Monday. The increase

Greeks tending to shop less often and opt for local products

Wed, 31 May 2017 11:06:00 GMT

, down from almost 310 euros per month in the previous survey conducted based on 2015 data. Around 60... and Economics showed that the crisis has made Greeks more inclined to prefer products made... conducted in 2016, consumers are showing a strong preference for products made locally. One of the main

Newsletter 22 - 03/04/2015

Fri, 03 Apr 2015 13:33:00 GMT

, ahead of their recapitalisation. The remaining amount of 310 million concerns the 90 percent of HFSF... a crucial week, during which it must raise a reported 750 million euros in a T-Bill issue and pay back... of the government are as confused as ever. At least two ministers have suggested that Greece might not pay the IMF

Rival parties interpret Novartis settlement differently, serving own ends

Fri, 26 Jun 2020 08:49:00 GMT

The decision taken by drugs giant Novartis to pay 347 mln dollars to US authorities for corrupt... of graft allegations. Novartis will pay the penalty to the US Department of Justice and the Securities... statement, the opposition party noted that 310 mln dollars from the settlement, the overwhelming

Greece and the euro: The flight of Icarus

Mon, 29 Oct 2012 14:38:00 GMT

of citizens pay without fail some of the highest taxes in Europe, whose black economy was not even... ($310 billion) from its bailout is going towards repaying existing debt means the amount Greece owes... at making Greece an easier place to invest and start a business are starting to pay off. In the World

Newsletter 310 - 01/10/2021

Fri, 01 Oct 2021 12:57:00 GMT

challenge to deal with now. The producer price index released this week by ELSTAT captures the challenges... pct year-on-year, followed by the manufacture of petroleum products at 58.2 pct, fully capturing..., manufacture of petroleum products was up by 51.5 pct, followed by mining of coal and lignite that also jumped

Government commits to uniformed personnel pay rises amid clamour for higher incomes

Tue, 01 Apr 2025 10:00:00 GMT

Prime Minister Kyriakos Mitsotakis has been forced to commit to pay rises for all uniformed..., coast guard and fire service to be awarded more pay following the recent announcement of wage... that more pay increases would be announced in due course but “under the right conditions and at the right