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Newsletter 118 - 12/05/2017
The recovery of the Greek economy is expected to begin in earnest this year, mostly reflecting... effect from the weak economic performance in the fourth quarter (Q4) of last year and the delay... deficit climbed to 2.14 billion, from 1.57 billion a year ago. The aggregate figures for the first
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Primary cash surplus falls to 276 mln surplus at end of August amid revenue decline
EconomyMacroeconomyin the first eight months of 2017 against a surplus of 2.41 billion euros for the same time last year, Bank of Greece (BoG) data revealed on Monday. The BoG notes that this year’s figure includes arrears... also posted a deficit of 1.50 billion compared to a deficit of 1.93 billion a year ago. As noted
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Primary cash surplus at 2.33 bln in Nov as expenditure rises, PIB deficit widens
EconomyMacroeconomyin the year-to-date up to November, compared to a surplus of 3.58 billion euros for the same time last year, Bank of Greece (BoG) data revealed on Monday. The BoG notes that this year’s figure includes arrears... a year ago. BoG noted that this year’s figure includes a one-off item of around 2 billion euros related
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General govt primary cash surplus at 2.58 bln in March as revenues rise
EconomyMacroeconomymonths of 2018, up 519 million euros compared to the same time last year, according to the Finance..., the surpluses all showed a decline year-on-year. The biggest decline came from the extrabudgetary central government surplus, which fell by 342 million euros to 390 million versus 732 million last year
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Marginal increase to 20.8 pct for Feb unemployment rate
EconomyMacroeconomy(ELSTAT) data showed on Thursday. The unemployment rate in February last year was 22.6 percent, following..., a decrease of 0.2 percent. Compared to the same month last year, the figure for those employed has risen by 33,636. Total employment has been standing above 3.7 million since February last year. The figures
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Travel surplus rises by 48.2 pct in March as receipts increase
EconomyMacroeconomyGreece’s travel balance rose by 48.2 percent year-on-year in March, recovering from a 135.2 percent..., compared to a surplus of 53.4 million for the same period last year. The increase in receipts is driven... 708,200. The average expenditure per trip also rose by 14.9 percent year-on-year to 348 euros. Travel
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General govt primary cash surplus at 2.42 bln in April, arrears fall by 66 million
EconomyMacroeconomymonths of 2018, down by 227 million euros compared to the same time last year, according to the Finance Ministry’s (MoF) monthly gg bulletin. In the underlying subcategories, the biggest year-on-year... to 471 million versus 1.05 billion last year. This was followed by social security funds (SSFs) which
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Newsletter 167 -22/06/2018
billion euros per year from 2023 to its European lenders. The Eurogroup decided on Thursday... revision (if the plebiscite is won) will take at least until the end of this year, giving the Greek... next year and to then use this as a springboard for snap elections, possibly at the same time
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New overdue taxes rise by 428 mln in June, total stock above 102 bln
EconomyMacroeconomy. The aggregate figure for the first half of the year showed that new tax debt totalled 5.19 billion, lower than the figure for the same period last year by around 283 million (-5.2 percent). After rising... level for the year so far. May’s VAT collectability rate had stood at 85.2 percent. The amount of VAT
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Primary cash surplus up to 16.76 bln in Aug on improved revenues and cash buffer disbursement
EconomyMacroeconomyin the first eight months of the year, Bank of Greece (BoG) figures have shown. The headline figure includes... a worsening by 1.12 billion euros compared to the figure for the same time last year, which stood... million euros or just under 2 percent in August compared to the same month last year. Monthly
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