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Greece prepares to relax lockdown amid concerns about toll on economy
PoliticsGreek Politicsof the economy, such as retail, to start getting back to normal activity. The government has come under... far) of refunds for tax prepayments. Up to Thursday night, 512,000 applications were submitted... in the coming years. Gennimata has so far shunned such talk but her decisions since the 2019 elections
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Greece - On the importance of productivity growth
Agoraof demographics for the future of Greece and the Greek economy. Demographics are important for the overall size of the economy. More people tends to translate into bigger economies, and this can influence... income. Instead, politicians care about the importance of the influence an economy’s size has
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A sudden turnaround that could lead to sharp shock
Agorain Europe. The domestic media went as far as suggesting that growth could surpass the government estimates... was on February 26 and in just five weeks since then the entire economy, minus essential functions... the economy up to the end of April. They could potentially reach 90 pct of companies that have been
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Newsletter 136 - 20/10/2017
percent compared to the 0.2 percent estimate. In nominal terms, the economy in 2014 contracted by -1.1.... “Unfortunately, based on the statements that followed the meeting, it seems that so far the only tangible... the perceived lack of tangible results from the trip. would only pay 1.1 billion euros of this total
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European Commission evaluates impact of bailout programme
EconomyProgrammeperiod is estimated to stem from pension reforms (1.9 percent of GDP) followed by VAT (1.1 percent..., whilst the fragmented tax regime created so far unjustified costs. However, EC notes..., a reduced rate of 13 percent for basic food, water, energy and hotels and a standard rate of 23
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Newsletter 170 -13/07/2018
. The unemployment rate has remained under 21 percent for five consecutive months so far, however... a decline of 1.1 percent. Total employment remained above 3.7 million. The overall labour force... Standard & Poors announced late last week that it had upgraded bonds issued by Piraeus Bank
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Drop in Greek CPI decelerated to 1.1 pct in September
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) remained on negative ground in September, easing by 1.1 percent compared to a 1.3-percent drop recorded in August. On a monthly basis, CPI rose by 2.6 percent... and -0.4 percent respectively) turning positive in the next two years at 0.6 percent in 2015 and 1.1
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Eurogroup clears 1.1 bln, waits for arrears clearance data to release remaining 1.7 bln
EconomyProgrammeThe Eurogroup held in Luxembourg on Monday afternoon reached a political decision on the disbursement of 1.1 billion euros to Greece, which is the part of the sub-tranche of 2.8 billion... the way for the disbursement of the 1.1 billion for debt servicing needs. The head of the European
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Energy drives producer prices down by 1.1 pct YoY Sep as all other components rise
EconomyMacroeconomyGreece’s Producer Price Index (PPI) remained in contraction in September, with a drop of 1.1 percent year-on-year (YoY), after a decrease of 1.1 percent in August, ELSTAT data showed on Thursday. This was the third decline of the year, following six consecutive positive readings. The index had
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Primary cash deficit reduced to 5.72 bln in Sept as revenues climb
EconomyMacroeconomyin the same period of 2020. The breakdown showed that during the month, revenue rose by roughly 1.1 billion... billion euros in the first nine months of 2021, compared with a deficit of 7.01 billion in the same
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