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  1. Newsletter 196 -01/03/2019

    Newsletters

    being a safety net for those in serious financial distress but willing to meet their mortgage... the slowest to adjust were cited as the net external position, where the pace of improvement has been weak... decreased to 169.42 billion from 170.29 billion in the previous month. The net lending flow

    6%
  2. January current account deficit at 1.18 bln as underlying components deteriorate
    Photo via Flickr https://flic.kr/p/oDf3bQ

    EconomyMacroeconomy

    noted in both accounts. This was attributed by the BoG to a drop in net receipts from other primary income and the general government, respectively. Financial account Residents’ net external liabilities... of Orilina Properties Real Estate Investment Company. Portfolio investment showed a net decrease

    6%
  3. Credit contraction at 0.6 pct in Feb, balance at 169.85 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    , and stayed under the 180-billion-euro mark for 11 consecutive months. The net lending flow turned... corporations showed a net monthly outflow of 47 million euros, improving from outflows of 192 million... in January which took the balance to 75.75 billion. Driven by the net deductions mentioned previously

    6%
  4. Newsletter 200 -29/03/2019

    Newsletters

    euros below the target of 9.53 billion euros. State budget net revenues came to 7.83 billion euros... the 180-billion-euro mark for 11 consecutive months. The net lending flow turned positive for the month.... Driven by the net deductions mentioned previously, the household loan sector balance declined to 56.34

    6%
  5. Greece tax wedge rises two places to 13th highest among OECD countries, report finds

    EconomyFeatures

    at the net average tax rate, which is defined as a measure of the net tax on labour income paid directly by the employee. The results showed that in Greece, an average single worker faced a net average... and tax provisions reduced the net average tax rate from 26.1 percent to 22.3 percent. Although reduced

    6%
  6. Newsletter 208 -31/05/2019

    Newsletters

    of a 13th pension had a budget cost of 830 million euros net of taxes and social insurance contributions... euros in the previous month. After two positive months, the net lending flow turned negative... balance's net monthly flow was also negative by 80 million euros, taking the balance to 75.26

    6%
  7. Current account balance shows surplus of 300.6 mln in May
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    payments rose by 25.5 percent to 1.16 billion. Financial account Residents’ net external... showed a net decrease in residents’ external assets which was driven by a fall of 606 million... was noted in residents’ external liabilities. In the first five months of the year, a net decrease

    6%
  8. Current account balance surplus of 874.4 mln in June shows significant yoy improvement
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    net external liabilities showed an increase of 196 million in June with no notable transactions recorded for the month. Portfolio investment showed a net increase in residents' external assets due... of the year, a net decrease in residents' external assets was attributable to a rise of 3.8 billion

    6%
  9. Budget primary balance dips to deficit of 1.51 bln in April on Covid-19 measures
    Photo by Manolis Tsafos/Fosphotos

    EconomyMacroeconomy

    by 2.29 billion euros. Primary expenditure came to 13.81 billion euros. Net revenues came to 14.10.... Revenues On a monthly basis, net revenues came to 3.01 billion euros, 1.18 billion euros lower than... that net revenues in April underperformed against the target by 399 million. This is due to the adoption

    6%
  10. April budget primary balance shows deficit of 1.52 bln as state revenues miss target by 7.5 pct

    EconomyMacroeconomy

    billion euros. Primary expenditure came to 13.81 billion euros. Net revenues came to 14.10 billion... On a monthly basis, net revenues came to 3 billion euros, 1.19 billion euros lower than the monthly... for the coronavirus. Taking these factors into account, the MoF noted that net revenues in April

    6%