Economy
Budget primary surplus falls to 1.1 bln in Q1, slightly above target
The budget primary balance recorded a surplus of 1.07 billion euros in the first quarter (Q1), which was 42.7 percent lower than the figure of 1.86 billion a year ago, the Finance Ministry (MoF) preliminary budget execution bulletin showed on Tuesday.
Since 2010, declared income has plummeted but tax due has risen
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The publication by the Independent Authority of Public Revenue (IAPR) of the annual statistical bulletins provided revealing information about the composition personal income tax and its evolution over the past few years.
Another increase for stocks, which edge up 0.4 pct during week
The Greek stock market edged up for the third straight week, rising by 0.4 percent but with soft trading volumes following a stronger rise of 2.3 percent last week as investors remain cautiously optimistic about a conclusion of the second programme review.
Limited arrears clearance in first two months of 2017
Greece cleared arrears of just 48.6 million euros in February, bringing the total figure to 68.3 million for the year to date, the Finance Ministry (MoF) bulletin for the payment of arrears revealed.
Building activity increases for second straight month after 11.1 pct rise in Jan
Greek building permits increased for the second straight month in January but at the faster pace of 11.1 percent after a rise of 2.1 percent in December, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
Greece sees highest tax wedge increase among OECD countries in 2016
The tax wedge in Greece remained above the OECD average in 2016, when it increased by more than 1 percentage point (pp), which was the highest rise among the 35 OECD countries, the OECD Taxing Wages 2017 report revealed on Tuesday.
Eurosystem funding falls by 2.2 bln in March, ELA drops after brief rise in Feb
Greek banks’ Eurosystem funding remained on a downward trend for the 21st successive month in March, falling by 2.2 billion following a slower drop of 1.13 billion in the previous month, Bank of Greece's (BoG) monthly financial statement showed on Tuesday.
ESM takes stock of Greece's sovereign vulnerability
The European Stability Mechanism (ESM) published a report last week that assessed sovereign vulnerabilities in the five eurozone countries that had received bailout loans.
Car sales increase by 43.5 pct in March and 35.6 pct in Q1
Road motor vehicles (going into circulation for the first time) continued heading north soaring by 43.5 percent in March after a broadly similar rise of 43.1 percent in February, Hellenic Statistical Authority (ELSTAT) data showed on Monday.
Industrial production rises at record high rate of 10.8 pct in Feb
The Greek Industrial Production Index (IPI) increased at a faster pace of 10.8 percent in February after a downward revised rise of 7.1 percent in January, Hellenic Statistical Authority (ELSTAT) data revealed on Monday.