Economy
CPI drops by 0.2 pct in August
Greece’s Consumer Price Index (CPI) contracted by 0.2 percent year-on-year (YoY) in August after remaining static in July, Hellenic Statistical Authority (ELSTAT) figures showed on Tuesday.
Athens preparing to present budget plans to lenders after tax cut pledges
Finance Minister Christos Staikouras is preparing to provide his eurozone counterparts with more details on Friday about the government’s fiscal plans, as set out by Prime Minister Kyriakos Mitsotakis at the Thessaloniki Expo over the weekend.
New overdue tax debt comes to 104.8 bln in July, number of debtors jumps
The month-on-month rise in Greece's new tax debt came to 320 million euros in July, data from the Independent Authority of Public Revenues (IAPR) has shown.
Industrial production drops by 2.1 pct in July
Greece’s Industrial Production Index (IPI) decreased by 2.1 percent year-on-year (YoY) in July compared to a revised decrease of 0.3 percent in June, Hellenic Statistical Authority (ELSTAT) data revealed on Monday.
VAT gap remains high as non-compliance overtakes revenue rise
The European Commission's VAT Gap report has revealed that tax revenues in Greece increased in 2017, but this did not close the gap between expected and actual VAT revenues.
Trade deficit rises by 6.3 pct in July
Greece’s trade deficit rose by 6.3 percent year-on-year (YoY) in July compared to a drop in 22.9 percent in June, data from the Hellenic Statistical Authority (ELSTAT) released on Friday showed.
August employment balance positive by 3,111
The employment balance turned positive in August with 3,111 more hirings than firings, data from the Labour Ministry’s Ergani information system showed.
Unemployment edges down again in June, falling to 17 pct
Greece’s seasonally adjusted (SA) unemployment rate came to 17 percent in June from a downward revised rate of 17.1 percent in May, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
GDP rises by 0.8 pct QoQ in Q2, increases by 1.9 pct YoY
Greece’s seasonally adjusted (SA) GDP increased by 0.8 percent quarter-on-quarter (QoQ) in the second quarter (Q2) of 2019 after an increase of 0.2 percent in Q1, provisional estimates from the Hellenic Statistical Authority (ELSTAT) revealed on Wednesday.
Fourlis Group reports net losses of 1.1 mln in H1
Fourlis Group has reported that their net results for the first half (H1) of the year landed on a loss of 1.1 million euros compared to profits of 400,000 euros in the same period last year.