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Budget primary surplus confirmed at 831 mln in Feb
EconomyMacroeconomyThe budget primary balance recorded a surplus of 831 million euros in the first two months of 2020, compared to a surplus of 822 million noted in February 2019, the Finance Ministry (MoF) budget execution bulletin confirmed on Thursday.
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Greek hotel industry reports COVID-19 related losses of half a billion to date
EconomyFeaturesThe Hellenic Chamber of Hotels (HCH) has released a survey showing the first estimations of the impact on Greece’s hotel industry due to the coronavirus epidemic.
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Primary cash balance deficit at 378 mln in February
EconomyMacroeconomyGreece’s central government primary cash balance recorded a deficit of 378 million euros in the first two months of the year according to figures released by the Bank of Greece (BoG).
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Budget primary surplus at 823 mln in February
EconomyMacroeconomyThe budget primary balance recorded a surplus of 823 million euros in the first two months of 2020, compared to a surplus of 822 million noted in February 2019, the preliminary Finance Ministry (MoF) budget execution bulletin showed on Monday.
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Overdue social security contributions edge down to 35.38 bln in Q4
EconomyMacroeconomyThe stock of unpaid social security contributions (SSCs) decreased to 35.38 billion in the fourth quarter (Q4) of 2019, declining by 159 million compared to the figure of 35.54 billion euros registered in the third quarter (Q3) of 2019, the Centre for the Collection of Social Security Arrears (KEAO) revealed.
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General govt primary cash surplus at 899 mln in January, arrears rise by 38 mln
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus came to 899 million euros in January, down by 475 million euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.
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Budget primary balance confirmed at 495 mln in January
EconomyMacroeconomyThe budget primary balance was confirmed at a primary surplus of 495 million euros in the first month of 2020, below target by 773 million euros, the Finance Ministry (MoF) final budget execution bulletin showed on Friday.
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Ministry urges borrowers to apply for home protection before scheme expires
EconomyBankingIn an effort led by Finance Minister Christos Staikouras, the government is intensifying efforts to have as many borrowers covered before the current primary residence protection scheme expires on April 30.
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Primary cash surplus at 132 mln in January
EconomyMacroeconomyGreece’s central government primary cash balance recorded a surplus of 132 million euros in January according to figures released by the Bank of Greece (BoG).
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Hotel industry sees investment in high-end units, but hampered by seasonality
EconomyFeaturesThe Greek hotel sector reported strong performance in 2019 with revenues rising by 7.3 percent year-on-year (YoY) according to data presented by the Hellenic Chamber of Hotels (HCH).