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Government readies up to 2 bln in assistance for shuttered firms and employees
EconomyFinance Minister Christos Staikouras announced on Wednesday a second round of coronavirus-related support measures for the Greek economy, which will total roughly 2 billion euros. The measures... and processing tax refunds as soon as possible. Total state arrears stand at around 2 billion euros
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CPI falls by 2 pct YoY in September
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) fell by 2 percent year-on-year (YoY) in September compared to a decline of 1.9 percent seen in August, Hellenic Statistical Authority (ELSTAT) figures showed... for September rose by 2 percent compared to August. The CPI remains at its lowest rate since July 2015 when
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CPI falls by 2 pct YoY in January as apparel and transport drop
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) fell by 2 percent year-on-year (YoY) in January compared to a decline of 2.3 percent seen in December, Hellenic Statistical Authority (ELSTAT) figures showed... the decrease of 2 percent in December. Additionally, the goods’ index fell by 2.6 percent while
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GDP grows by 1.3 pct QoQ in Q2, in line with growth estimates of 2+ pct for year
EconomyMacroeconomyto 2.7 percent year-on-year (YoY), from a 2 percent YoY rise in Q1. The quarterly movements in Q2... components recovered. Final consumption increased by 2 percent YoY, while investments also increased
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GDP continued to slow in Q4, rise for 2023 at 2 pct
EconomyMacroeconomyGDP grew by 2 percent, with final consumption up by 1.8 percent, investments down by 0.5 percent... in the latest economic outlook places Greek growth at 2.4 percent for 2023, slowing to 2 percent in 2024.
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IMF sees 2024 growth at 2 pct, debt on downward trend due to high primary surpluses
EconomyMacroeconomyby 2 pct in 2024, the same estimate as in October’s WEO. Next year’s growth is also broadly... commitment of primary surpluses above 2 pct of GDP. The primary balance is seen at 2.1 pct of GDP
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CPI moderates to 2 pct in Apr, rents continue to climb with 10.8 pct YoY rise
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) has stabilised in the recent months, with a rise of 2 percent year-on-year (YoY) in April, from 2.4 percent in the previous month, according to the data released... inflation rose by 2 percent, after a sharp increase in March with a 2.2 percent YoY, though dropping
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Greece's 2015 budget: A breakdown of all the key figures
EconomyMacroeconomy(1.8 percent of GDP), lower than the 2 percent incorporated in the draft budget and the 2.3 percent..., 100 percent of Trainose (operation and management of railway activities), 14 regional airports... reiterated it plans to issue 7- and 10-year bond as well as T-Bills with durations of more than 6
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European Commission evaluates impact of bailout programme
EconomyProgrammeage of 67 years. 2) Increasing health contributions for pensions to 6 percent (from 4 percent... in nominal terms until 2021 Additional provisions were included in the omnibus law voted on August 14... a closer link between contributions and benefits. 2) Broaden and modernise the contribution and pension
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Revenue uptick unable to stop 7-mth primary surplus outperformance falling to 724 mln
EconomyMacroeconomyof 1.46 billion. 2) Extension of submission of the personal income tax (PIT) declarations leading... revenues fell by 5.3 percent to 24.84 billion around 14 percent or 4.1 billion short of target... to Manpower Employment Agency (at 26.7 percent of the FY target) 2) Other social security funds
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