Economy
Overdue social security contributions rise to 37 bln in Q2
The stock of unpaid social security contributions (SSCs) increased to 37 billion in the second quarter (Q2) of 2020, rising by 687 million compared to the figure of 36.32 billion euros registered in the first quarter (Q1) of 2020, the Centre for the Collection of Social Security Arrears (KEAO) revealed.
PBO highlights pandemic impact on economy, sees 2020 recession of 8.5 to 9.4 pct
Greece’s Parliamentary Budget Office (PBO) issued its Q2 2020 report in which it takes stock of the state of the economy and the impact the pandemic, as well as the lockdown measures had on economic activity between April and June.
HRADF development plan reviews privatisation actions for the rest of the year
The Hellenic Republic Asset Development Fund (HRADF) has revised its asset development plan (ADP) for the remainder of the year.
Turnover in services shows year-on-year deteriorations in Q2
Turnover indices for the services sector showed a deterioration in the second quarter (Q2) of 2019, Hellenic Statistical Authority (ELSTAT) figures showed on Tuesday.
New tax debt at 2.53 bln to May, up by 96 mln month-on-month
The month-on-month rise in Greece's new tax debt came to 96 million euros in May, data from the Independent Authority of Public Revenues (IAPR) has shown.
VAT gap of 30.1 pct in 2018 keeps Greece among worst performers in EU
The European Commission's VAT Gap report has revealed that the European Union lost an estimated 140 billion in Value-Added Tax (VAT) revenues in 2018, equal to a total revenue loss of 11 percent across the EU.
Employment balance positive by 4,342 in August, aggregate shows 169,239 fewer jobs created
The employment balance was positive with 4,342 more hirings than firings in August, data from the Labour Ministry’s Ergani information system showed.
Wages index up by 3.8 pct YoY in Q2 2020
Greece’s seasonally adjusted (SA) Wages Index turned positive by 3.8 percent year-on-year (YoY) in the second quarter (Q2) of 2020, following a drop of 0.2 percent in Q1, Hellenic Statistical Authority (ELSTAT) figures revealed on Friday.
Accommodation and food services turnover collapses by 84.6 pct in Q2
The turnover index in accommodation and food services collapsed by 84.6 percent year-on-year (YoY) in the second quarter (Q2) of the year, following a downward revised drop of 7.2 percent YoY in Q1, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.
Building permits rise by 17 pct in June
Building permits rose by 17 percent year-on-year (YoY) in June compared to a fall of 8.7 percent in May, Hellenic Statistical Authority (ELSTAT) data released on Friday showed.