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  1. With troika OK pending, 2014 budget sees primary surplus at 1.6 pct of GDP
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    primary surplus for both years was reaffirmed, at 812 million in 2013 and at 2.95 billion in 2014.... Excluding the aforementioned items under EAP rules, gg primary surplus is seen at 812 million (0.4... to remain broadly stable at 2.2 percent of GDP in 2013 and at 2.3 percent in 2014 (3.96 and 4.27

    30%
  2. GDP shows annual growth of 2.2 pct in Q3
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    quarterly growth streak experienced by Greece began in Q2 2005 and ended in Q4 2006. GDP grew by 2.2... percent QoQ. As mentioned, the provisional estimates showed that GDP grew by 2.2 YoY after a downward... of services rose by 2.2 percent QoQ and 13 percent YoY. The MoF’s growth estimate for imports in 2018

    28%
  3. Budget underspend carries on in Oct as taxes continue to outperform

    EconomyMacroeconomy

    of roughly 3.3 billion euros. RRF-related expenditures were 3.05 billion euros in the period, above.... The total budget balance up to October showed a surplus of 3.09 billion euros, from a 6.12 billion euros

    26%
  4. OECD sees 3.3 bln euros of savings Greece can make by cutting red tape

    EconomyMacroeconomy

    The Organisation for Economic Cooperation and Development (OECD) released a report on May 15 identifying 3.3 billion euros worth of burdensome regulations in 13 sectors weighing on businesses each year. Over three-quarters of these costs accrue in three of the priority areas, namely tax (VAT

    24%
  5. Retail turnover falls by 3.3 pct in Feb, down for fourth straight month
    Photo by MacroPolis

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index dropped for the fourth straight month in February, when it fell by 3.3 percent in February from an upward revised 1.8 percent decrease in January, according to the Hellenic Statistical Agency (ELSTAT). The February headline figure is the ninth negative

    22%
  6. Drop in disposable income accelerates to 3.3 percent in Q3

    EconomyMacroeconomy

    Greek household disposable income dropped at an accelerating pace of 3.3 percent in the third quarter (Q3) of 2015 from a revised 2.4 percent in Q2, Hellenic Statistical Authority (ELSTAT) figures displayed on Monday. In absolute terms, disposable income reached 30.41 billion euros in Q3 down

    22%
  7. Eurosystem funding drops by 3.3 bln in Nov for 17th straight monthly fall

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding fell by another 3.3 billion euros in November, after a broadly similar drop of 3.53 billion in October, Bank of Greece's (BoG) monthly financial statement showed on Tuesday. This was the 17th successive drop leading the Eurosystem funding balance down to 68.49

    22%
  8. Economic sentiment breaks 100-point mark in Sept, consumer confidence up by 3.3 pts
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    , rising by 3.3 points in September to stand at -53.7. On a year to date basis, the index has gained

    22%
  9. If rising card use in Greece meets EU average, VAT revenues would see 3.3 bln boost - study

    EconomyMacroeconomy

    payments in Greece reached the EU average level, annual VAT revenue would rise by 21 percent, or 3.3

    22%
  10. Disposable income grows by 3.3 pct in Q2
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greek household disposable income grew by 3.3 percent year-on-year in the second quarter (Q2) of 2018, picking up from the increase of 2.1 percent noted in the previous quarter, according to Hellenic Statistical Authority (ELSTAT) data released on Monday. The year-on-year change in disposable

    22%