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Travel receipts grew 7.2% YoY in July despite drop in arrivals
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Current account turns to surplus in July thanks to services, tourism
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Scope raises rating to 'BBB+' as Moody's ups outlook to positive
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Energy drives 16.4% YoY jump in industrial turnover for July
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Property price growth slows to 5.5% YoY in Q2, at new all-time high
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Primary surplus at 6.5 bln up to August as taxes continue strong trend
Disposable income plunged 9.3 pct in Q2, dragging consumption down with it
Greek household disposable income fell by 3.1 billion euros or 9.3 percent year on year (yoy) in the second quarter of 2013 and reached 30.1 billion, according to the Hellenic Statistical Authority (ELSTAT). The latest data indicates an accelerating decline compared to the first quarter drop of -7.4 percent.
The ongoing downward trend mainly reflects a decrease in the compensation of employees by 13.9 percent and social benefits by 12.4 percent over the same period.
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