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Athens Macedonian News Agency: News in English, 15-10-19

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <>


  • [01] Greek cash budget surplus down in Jan-Sept‏
  • [02] Aigilia island will be turned into "a summer Davos", says Dep. FM Mardas

  • [01] Greek cash budget surplus down in Jan-Sept‏

    ANA/MPA---Greece's central government cash balance recorded a deficit of 2.499 billion euros in the January-September period this year, compared to a deficit of 2.213 billion in the same period in 2014, the Bank of Greece said on Monday.

    In a monthly report, the central bank said that during this period, ordinary budget revenue amounted to 31.463 billion euros, compared to 34.459 billion in the corresponding period of last year. Revenue of 55 million euros regarding Securities Markets Programme (SMP) income transfers from the Bank of Greece is excluded. Ordinary budget expenditure amounted to 33.832 billion euros, from 36.447 billion in January-September 2014.

    Spending on interest grew to 5.177 billion euros, from 4.89 billion last year. The state budget recorded a primary deficit of 390 million euros in September, from a primary surplus of 440 million euros last year. In the nine-month period, the primary surplus was 2.67 billion euros, from 2.75 billion euros in the corresponding period last year.

    [02] Aigilia island will be turned into "a summer Davos", says Dep. FM Mardas

    ANA/MPA---"We will hand over an area to the UN member states in order to build a lodge for conferences," Deputy Foreign Minister Dimitris Mardas on Monday said in statements to Athina 9.84 radio station referring governement's plan to turn the island Aigilia into "a summer Davos."

    "We have budgeted the investment at 1.6-2.0 billion euros. The construction cost will be totally covered by the countries interested in building the lodge," he explained.

    Our aim is to turn this "island of art and philosophy" into an international conference centre with people from all over the world.

    Mardas noted that the NSRF funds will be 20 billion and investments of 80 billion euros are required. "Medium and large-sized investments are needed. We have focused on attracting foreign investment," he noted.

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