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  1. Primary surplus at 4.37 bln up to March thanks to deferred spending, VAT intakes

    EconomyMacroeconomy

    are 685 million euros above the target. Taxes overshot the target by 308 million euros. VAT revenues... amounted to 1.03 billion. VAT revenues beat the target by 438 million euros. Income tax revenues came

    13%
  2. Newsletter 273 -13/11/2020

    Newsletters

    related to the coronavirus, with another 310 patients intubated around the country. The number of new... 2015 when it fell by -2.2 percent. Greece’s Consumer Price Index (CPI) fell by 1.8 percent year... remains at its lowest rate since July 2015 when it fell by -2.2 percent. The data showed that the core

    13%
  3. Greek Jan-Apr primary budget surplus rises above 1 bln despite revenue shortfall

    Economy

    to beat targets by 310 million, yet at a slower pace compared to the previous months. The year... taxes beat the targets by 237 million. In particular, VAT retreated 4.4 percent in April and 1.8... million short of target. The former mainly reflects lower VAT on fuel by 382 million and the latter

    13%
  4. Retail index fell by 2.2 pct in Feb but trend improving

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index fell by 2.2 percent year on year (YoY) in February, while volume slightly rose by 0.6 percent, according to the Hellenic Statistical Agency (ELSTAT). Both headline figures showed an improving trend for the second straight month. On a monthly basis

    13%
  5. Industrial Production Index in negative territory for the year, at -2.2 pct in April

    EconomyMacroeconomy

    The Greek Industrial Production Index (IPI) fell 2.2 percent in April following a downward revised 2.7 percent drop posted in March, according to the Hellenic Statistical Authority (ELSTAT). This is the eleventh negative reading over the past 16 months. Electricity production was the only

    13%
  6. Greek CPI drops at slower rate of 2.2 pct in Feb for 24th straight month of deflation

    EconomyMacroeconomy

    The drop in the Greek consumer price index (CPI) decelerated to 2.2 percent in February from 2.8 percent in January, according to the Hellenic Statistical Authority (ELSTAT). Greece has been in deflation since March 2013. Over that last two years, the highest decrease in CPI was posted in November

    13%
  7. Credit contraction further accelerates to 2.2 pct in November

    EconomyMacroeconomy

    Greek bank credit contraction further accelerated to 2.2 percent in November from an upward revised 2 percent in October, Bank of Greece (BoG) figures displayed on Wednesday. The net lending flow stayed negative for the fifth successive month with deductions increasing to 458 million in November

    13%
  8. Apartment prices drop 0.6 pct in Q4 and 2.2 pct overall in 2016

    EconomyMacroeconomy

    in the apartment prices index follows a decelerating trend with the 2016 rate of -2.2 percent being

    13%
  9. Eurosystem funding falls by 2.2 bln in March, ELA drops after brief rise in Feb

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding remained on a downward trend for the 21st successive month in March, falling by 2.2 billion following a slower drop of 1.13 billion in the previous month, Bank of Greece's (BoG) monthly financial statement showed on Tuesday. The outstanding balance of central bank

    13%
  10. Retail turnover falls by 2.2 pct in October, volume declines by 4 pct
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s retail sales index fell by 2.2 percent in October after a slight downward revision to 4.5 percent for September, Hellenic Statistical Authority (ELSTAT) data showed on Monday. The headline figure interrupts seven consecutive positive readings and is the second negative reading for the year

    13%