The month-on-month rise in Greece's new tax debt came to 1.04 billion euros in February, data from the Independent Authority of Public Revenues (IAPR) has shown.
The employment balance edged into positive territory in April with 7,205 more hirings than firings, data from the Labour Ministry’s Ergani information system showed.
Greece’s seasonally adjusted (SA) unemployment rate came to 16.1 percent in February from a downward revised reading of 16.2 percent in January, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
The European Commission released today its Spring Economic Forecasts, the first official set of numbers since the pandemic outbreak, which point to the EU economies experiencing “a recession of historic proportions this year.”
The government has indicated that it is looking for further cooperation from the banking sector to inject liquidity into the country’s business landscape.
The overall weighted average interest rate on all new loans to households and non-financial corporations fell by 24 percentage points to 4.06 percent in March from 4.30 percent in February, data from the Bank of Greece (BoG) showed on Wednesday.
Greece’s manufacturing PMI plummeted to 29.5 points in April from 42.5 points in March, according to the latest data from Markit PMI.
The Greek Finance Ministry published on Sunday night the Stability Programme for 2020 that it submitted to the European Commission, providing the first official assessment of the economic impact the government expects to see from Covid 19 this year, as well as the notable recovery expected next year.
The Ellaktor Group of Companies’ financial results for 2019 showed that revenues for the financial year came to 1.27 billion euros compared to 1.86 billion euros for the same time last year, dropping by 31.4 percent.
Greek retailer Jumbo posted its financial results for the operating year of 2019, showing that turnover increased by 7.5 percent.