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  1. Greek primary budget surplus doubles to 835 mln in Jan but below target

    Economy

    to 619 million from 177 million last year. Despite the strong fiscal performance, both figures fell... better than the target. The sharp drop mainly reflects a drop in grants to social security sector... of 812 million incorporated in the 2014 budget. MoF sources suggest that an agreement with the troika

    33%
  2. Newsletter 273 -13/11/2020

    Newsletters

    related to the coronavirus, with another 310 patients intubated around the country. The number of new... strong actions to deal with the weak quality of the balance sheets. The agency outlines..., with the economy contracting by 9 pct, however the agency anticipates a strong recovery in 2021 and even

    30%
  3. High unemployment, falling wages damaged sustainability of largest Greek pension fund
    Photo by MacroPolis

    EconomyMacroeconomy

    of almost 290,000 between 2009 and 2014, which reflects a sharp drop by around 490,000 until 2012... in the 2009-2013 period with the sharpest drop of 4.03 billion euros recorded in 2012. The amount of wages... respectively. The drop reflects a decrease in the number of IKA insured by 11.5 percent and average wages

    29%
  4. Where is Odysseus? Part 2 - Uncertainty
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    or even drop further from already below the replacement. Eurostat shows us that the impact..., the First Demographic Transition began 200 years ago with the drop in death rates (better health care, better homes, better hygiene, better economies, etc.). In the wake of this drop in death rates

    28%
  5. Newsletter 310 - 01/10/2021

    Newsletters

    , as the pandemic struck, with the largest drop seen in April last year when it dropped by 13.9 pct

    28%
  6. Greek Jan-Apr primary budget surplus rises above 1 bln despite revenue shortfall

    Economy

    to beat targets by 310 million, yet at a slower pace compared to the previous months. The year... a 2.5 percent drop in March. However, the four-month figure rose 3.2 percent to 14.75 billion... percent in April, after stalling in March, resulting in a 9.6 percent drop in the four-month figure

    28%
  7. H1 bank results show performance stabilising, laying ground for further improvement

    EconomyBanking

    Greece’s systemic banks reached the end of the first half of 2019 with relatively strong... in H1, an increase of 54 percent YoY. This was followed by NBG, where PPI rose by 26 percent to 310 million euros. Eurobank reported a YoY drop in PPI of 3.4 percent, bringing the total to 398.6

    27%
  8. Greeks tending to shop less often and opt for local products

    Society

    conducted in 2016, consumers are showing a strong preference for products made locally. One of the main..., down from almost 310 euros per month in the previous survey conducted based on 2015 data. Around 60... per trip comes to 50.4 euros. Despite a drop in the frequency of visits, this figure was close

    26%
  9. From pipe dreams to power cables: the changing map of Greece's energy ambitions
    Photo via https://flic.kr/p/bwZLC3

    Agora

    over the next two-and-a-half decades sends a strong message. The strategy is one which seemingly... advisor, Nikos Tsafos, who posted recently on LinkedIn, “that’s why we are so keen to expand our

    24%
  10. Q2 GDP contraction at 0.3 pct, strong Q3 needed to achieve target of annual growth
    Photo by MacroPolis

    EconomyMacroeconomy

    , whilst the latter suggests the sharpest drop since Q4 2011. The continued strong rebound... stable YoY in Q2 after a marginal drop of 0.1 percent in Q1. The Q2 rate of zero percent is the first... forecasts foresee a 5.3 percent rise in 2014 after a 12.8 percent drop last year. Taking into account

    23%