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  1. General gov't primary cash surplus up to 5 bln in 2016, arrears fall by 1.1 bln in Dec
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s general government (gg) primary cash surplus increased by 1 billion euros to 5 billion in 2016 from around 4 billion in the previous year, the Finance Ministry (MoF) gg bulletin revealed on Friday evening. The fiscal performance largely reflect...

    9%

  2. Eurosystem funding down by 1.1 bln in Feb, ELA increases for first time since April
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding headed south for the twentieth straight month in February, albeit at a slower pace by 1.13 billion, following a decrease by 3.61 billion in the previous month, the Bank of Greece's (BoG) monthly financial statement reveal...

    9%

  3. Primary cash surplus almost halves to 1.1 bln in 2-month
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s central government primary cash surplus fell to 1.11 billion euros in the 2-month period of 2017 from 2.09 billion a year ago, Bank of Greece (BoG) figures showed on Friday. This year’s figure includes arrears’ repayments of 78 million. However...

    9%

  4. Budget primary surplus of 1.1 billion slightly outperforms target by 77 million in Q1
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The budget primary surplus was confirmed at 1.07 billion in the first quarter (Q1) down by 42.6 percent from last year’s figure of 1.86 billion, according to the Finance Ministry (MoF) final budget execution bulletin. As we noted in the preliminary figu...

    9%

  5. Deposit inflows increase to 1.1 bln in June
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The deposit flow in the Greek banking system remained positive for the second straight month in June with inflows increasing to 1.09 billion from 638 million in May, Bank of Greece (BoG) figures revealed on Thursday. As a result, the outstanding balance...

    9%

  6. Is VAT all you've got?

    Agora

    Grabbing a coffee for 20 cents less doesn’t really sound like the start of an economic recovery but who knows, maybe after this week’s decision to cut value added tax at restaurants and cafes, Greece will soon be measuring out its success with coffee spoons. Naturally, the government has made

    8%

  7. New data shows 6.2 pct of Greek labour force in gray area
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    force by measuring three new categories. 1) The underemployed, part-time workers represent those

    8%

  8. ELSTAT sees 2013 primary deficit at 8.7 pct of GDP, 40 bln wiped out from economy since 2010

    EconomyMacroeconomy

    emphasises that in measuring the primary surplus under EAP a number of revenue and expenditure items

    8%

  9. Car registrations continue to rise; up by 9.1 pct in April

    EconomyMacroeconomy

    confidence, an indicator measuring the degree of optimism among consumers, improved for the second

    8%

  10. May sees 48.7 pct rise in number of new cars in circulation

    EconomyMacroeconomy

    for the first time since Q3 2009. Consumer confidence, which is another leading indicator measuring the degree

    8%