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  1. Budget primary surplus to Sept surges to 5.44 bln on solid tax revenues

    EconomyMacroeconomy

    period of 2016 from 2.27 billion a year ago, according to the Finance Ministry (MoF) final budget... this year. Moreover, the overall state balance recorded a surplus of 1.63 billion in September, which is a new high for this year, while the 9-month figure turned to a surplus of 592 million from deficit

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  2. Q3 GDP rebounds 0.8 pct QoQ and 1.8 pct YoY, above flash estimates
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent year on year (YoY) in Q3 from a downward revised drop of 0.5 percent in Q2. Today’s figure... last year, private consumption rebounded by 5.1 percent. This also reflecting a low base effect as last year’s figure was burdened by the imposition of capital controls. General government

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  3. Newsletter 122 - 09/06/2017

    Newsletters

    and 2020. General govt primary cash surplus edges up OECD expects economy to grow by 1.1 pct this year The general government (gg) primary cash surplus edged up by 35 million euros from the previous year to 2.63 billion in the first four months of the year, according to the Finance Ministry (MoF) gg

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  4. Newsletter 127 - 14/07/2017

    Newsletters

    to reports, the coalition favours a five-year bond between 2 and 4 billion euros and will target a yield of less than 5 percent. It is not clear if it will be a reopening of the five-year bond that matures... at the end of 2016 from 348.77 a year ago. The decline largely reflects a drop by more than 26 billion

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  5. Primary cash balance records deficit of 434 mln in first six months
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    in the first six months of 2017 from a surplus of 2.76 billion last year, Bank of Greece (BoG) data revealed on Wednesday. This year’s figure includes arrears’ repayments of 799 million, of which 76 million... million a year ago. As previously noted, this year’s figure includes a one-off item of around 2

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  6. Primary cash surplus at 2.88 bln in Oct on higher expenditure, arrears payments
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in the first ten months of 2017, compared to a surplus of 3.97 billion euros for the same time last year, Bank of Greece (BoG) data revealed on Friday. The BoG notes that this year’s figure includes arrears... cash balance also posted a deficit of 567 million compared to a deficit of 908 million a year ago

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  7. Budget primary surplus at 5.33 bln in October, beating target on revised budget figures
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of 2017, increasing by 9.7 percent against last year’s figure of 4.86 billion euros, the Finance... euros, which had represented the highest figure for the year so far. On an aggregate basis, gross... that tax revenues edged up by 0.5 percent year-on-year to 4.55 billion euros for October

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  8. Net job hirings balance for November turns negative by 39,221
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    on Tuesday. The month’s figure is the fourth negative balance for the year and reflects the continued impact... voluntary departures (64,693). Compared to the same time last year, when a negative balance... across this year, except for May when full-time work rose marginally above 50 percent versus other

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  9. Travel balance up by 18.2 pct in October on increased foreign arrivals
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s travel receipts increased by 14.2 percent year-on-year in October, compared to a rise... was that the travel surplus came to 995.6 million, compared to 842.1 million from the same time last year... during the period and came to 2.4 million. The average expenditure per trip increased by 6.1 percent year

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  10. Unemployment rate at 20.7 pct in October, previous month revised upwards
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    , with the total for those employed standing at 3.8 million. On a year-on-year basis, the figure is 109,584 higher than that for the same time last year. The number of unemployed decreased by 4,528... the previous year, and is the third consecutive month since October 2011 where the total number

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