Search
-
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
16% -
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
16% -
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
16% -
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
16% -
C/A balance positive by 1.4 bln to Nov, 2013 surplus in sight
EconomyMacroeconomyby the BoG, the Ministry of Finance and the troika were calling for a C/A deficit of between 1 and 2... published on December 17, point to a surplus of 1 percent of GDP in 2013 for the first time in Greek history and rising to about 2 percent in 2014. The key risk to the BoG’s short-term projections
16% -
C/A surplus of 0.7 pct of GDP in 2013 is Greece's first for decades
EconomyMacroeconomyof between 1 and 2 percent of GDP in 2013. The BoG’ estimates included in its interim report on Monetary Policy published on December 17, pointed to a surplus of 1 percent of GDP in 2013, rising to about 2 percent in 2014. The key risk to the BoG’s short-term projections lies with the funding ability
16% -
Greek current account deficit rises to 709 mln in February
EconomyMacroeconomyforecasts for a C/A deficit of between 1 and 2 percent of GDP. The BoG's latest estimates point to a surplus of about 2 percent in 2014. The key risk to the BoG’s short-term projections lies... the latter incorporates a rise in tourist arrivals by 10.2 percent, The year-to-date C/A deficit stood at 1
16% -
Bookies see clear win for SYRIZA in EU elections but not in local vote
PoliticsGreek Politics, the odds for a SYRIZA win with a 2 percentage point (pp) handicap stand at 1.40 (from 1.42) compared... with the former’s odds having a 1 pp handicap at 1.36 and the latter’s at 2.80. Sportingbet offers for the first... to 4.30 for the SYRIZA candidate Gavriil Sakelaridis. In the first round, their difference stood at just 1
16% -
Primary surplus inches up to 2.9 pct in Greece's 2015 draft budget
Economysector. Kathimerini also noted that the Finance Ministry anticipates increased revenues by 1 billion... execution in 2014. The 8-month budget primary surplus stood close to 2 billion euros, outperforming the target by almost 1 billion. However, 8-month revenues fell short of their target by 107 million
16% -
Greece's 2015 budget: A breakdown of all the key figures
EconomyMacroeconomy(1.8 percent of GDP), lower than the 2 percent incorporated in the draft budget and the 2.3 percent... following a downward revised modest growth of 1 percent in 2014) and a higher growth in exports (+5.2... in negative territory (-2 percent). Unemployment is seen easing by 0.7 percentage points (pp) in 2014
16%