Economy
New overdue taxes rise by 849 mln in August with total stock at 102.81 bln
Greece’s new tax debt’s month-on-month rise came to 849 million in August, picking up pace from July’s rise of 377 million euros, data from the Independent Authority of Public Revenues (IAPR) showed this week.
Unemployment at 19 pct in July as inactive population increases
Greece’s seasonally adjusted (SA) unemployment rate edged down to 19 percent from 19.1 percent in June, the Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
Industrial production grows by 1.4 pct in August and by 0.8 pct in aggregate period
Greece’s Industrial Production Index (IPI) rose by 1.4 percent in August from a revised increase of 2 percent in July, Hellenic Statistical Authority (ELSTAT) data revealed on Wednesday.
CPI up by 1.1 pct in Sept for highest rise since Nov 2017
Greece’s Consumer Price Index (CPI) rose by 1.1 percent in September after an increase of 1 percent in August Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
In updated forecasts, IMF sees Greece meeting fiscal targets and debt falling
Following the publication of the World Economic Outlook (WEO) as part of the IMF-World Bank Annual Meetings that are taking place this week in Bali, Indonesia the International Monetary Fund released the latest Fiscal Monitor (FM) with updated fiscal projections for Greece.
![Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]](resources/toolip/img-thumb/2014/08/11/imf_439_1108-medium.jpg "Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]")
IMF raises growth forecast for 2019, lowers sharply medium-term expectations
In the latest World Economic Outlook (WEO) issued on Monday as part of the IMF-World Bank Annual Meetings that are due to take place in Bali this week, the International Monetary Fund revised its GDP projections for Greece.
Car sales drop by 0.8 pct in September
Road motor vehicles going into circulation for the first time fell by 0.8 percent in September after a rise of 36.8 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday.
Trade deficit grows by 15.1 pct in August and falls by 1.8 pct in 8-month period
Greece’s trade deficit grew by 15.1 percent year-on-year (YoY) in August compared to an increase of 34.5 percent in July, according to data from the Hellenic Statistical Authority (ELSTAT) released on Monday.
Privatisation revenues edge upward as end-of-year deadline looms
With three quarters of the year now gone, the Greek government still has much ground to cover in order to meet its privatisation target of around 2 billion euros in revenues across the full year.
Amid market turbulence, Greece searches for scheme to help banks reduce bad loans
Following weeks of uncertainty and pressure on the banking sector, which climaxed in a big drop in bank share prices on Wednesday, there have been reports of efforts to provide the Greek lenders with assistance.