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Newsletter 206 -17/05/2019
million euros and represented around 70.6 percent of the total debt. The stock of gg guarantees fell... guarantees came to 350 million as mentioned, leaving the rest of the total for guarantees split between non... details and how the new framework will be used. 2 Budget surplus at 1.46 bln in Apr Headline figure lands
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Travel surplus rises by 12.7 pct in 9M
EconomyMacroeconomy. The rise was mostly driven by an increase of 14.1 percent, or 2 billion, in travel receipts. Travel.... Leisure trips accounted for the lion’s share of total expenditure in 9M 2019 at 88.6 percent... to total 50 million euros. Meanwhile, business trip receipts showed an increase of 6 percent
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Latest air traffic data emphasises tourism's difficulties as 2019 data reveals bumper year
EconomyFeaturesof tourism revenues to be expected in 2020. INSETE’s figures showed that in 2019, a total of 36.6..., total international and domestic air traffic fell by 65.3 percent. In June, July and August, which... percent. During these three months, a total of 2.4 million passengers arrived at the airport
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Newsletter 496 - 27/02/2026
in which the headline exports figure fell - by 2.8 percent, following a 2 percent drop in 2024... of total exports. Another roughly 20 percent came from companies with 50 to 249 employees, a group... percent of Greek companies, yet their share of total exports is only 22 percent. The top five exporters
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Tsipras clears hurdle but isn't over finishing line
Agorapensioners would lose money. The impact of these measures, which amount to 2 percent of GDP in total... reduced from 2.7 percent of GDP to 2 percent) is down to intransigence, indecision, shifting goalposts... of expansionary counter-measures (also worth 2 percent of GDP) to be implemented in 2019 and 2020
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Newsletter 236 -24/01/2020
the crisis. The banks are calling for more than 2 billion euros of state guarantees, otherwise... euros for investments and 2 billion euros for tax relief. The government is searching for over 2... by broadening the tax base, the total abolition of the solidarity levy in 2021 would cost 1.16 billion euros
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Industrial turnover completes eighth month of contraction in Nov, falls 2.7 pct YoY
EconomyMacroeconomy, basic metals. Revenue in the domestic market decreased by 2 percent, while the non-domestic market was down by 2.5 percent. On a monthly basis, industrial turnover in the total market decreased by 2...-on-year (YoY) from a 2 percent decrease in October, according to data released by the Hellenic
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Tsipras pledges array of tax cuts, hopes for break on pensions
PoliticsGreek Politicsand, according to Tsipras, the total backpay of around 1 billion euros they are owed as a result... to implement next year the 1 percent of GDP reduction to pension spending but did not go as far as declaring..., particularly by boosting consumption. Fiscal Regarding next year’s pension cuts equivalent to 1 percent of GDP
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Athens aims for November agreement with lenders on pension cuts
EconomyProgrammeto ensure that the 1 percent reduction in pension spending is not implemented. To Vima reported... agreed with the lenders that as of next year there could be a 1:1 ratio for hirings and departures in the civil service, as opposed to the 1:5 ratio that has been in place for the past few years
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October C/A deficit drops to 351 mln, down 39.1 pct over year
EconomyMacroeconomy, the Ministry of Finance and the troika were calling for a C/A deficit of between 1 and 2 percent of GDP... [link to post] published on December 17, point to a surplus of 1 percent of GDP in 2013 rising to about 2 percent in 2014. The key risk to BoG short-term projections lies with the funding ability
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