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  1. Budget primary surplus confirmed at 2.05 bln in July on lower PIB expenditure
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . Despite coming to a deficit, the balance beat its target by just over 1 billion euros. On a monthly..., above target by 188 million euros. Tax refunds rose by just under 1 percent to 2.33 billion, below..., while VAT revenues also rose by 1 percent to 9.12 billion. On a monthly basis, indirect taxes rose

    6%
  2. Newsletter 218 -06/09/2019

    Newsletters

    and operate a casino on the site. He also pledged to invest more than 1 billion euros. On the back... prices increased by 1.7 percent in 2018, compared to an average price contraction of 1 percent... to a downward revised decrease of 1 percent in 2017. Properties up to five years old saw price increases

    6%
  3. Newsletter 224 -25/10/2019

    Newsletters

    a major departure from what has gone before, will apply for anyone paying contributions after January 1..., in 2018 Greece ran a total surplus of 1.8 billion euros, or 1 percent of GDP. This is the third... of 1 percent Household final consumption rose by 1 percent while the absolute figure for Q2 stood

    6%
  4. Greece takes first round against Covid-19 but fight continues
    Photo by Natasha Pantazopoulou/Fosphotos

    Agora

    . The appointments were to abide by a 1:1 replacement rule (one hire for each departure) and would therefore... the 1:1 ratio for the health service, and to continue the hiring programme put in motion

    6%
  5. Lockdown reduced spread of Covid-19 by 80 pct, research indicates
    Photo by MacroPolis

    Society

    . The R number is considered important by epidemiologists because once the number rises above 1, it is considered that there is a risk of an epidemic. When the R number remains under 1, the risk... estimated that the impact of the lockdown was so extensive that it would have reduced the R number to 1

    6%
  6. Newsletter 277 -11/12/2020

    Newsletters

    slight 1 million. 2 Unemployment rate at 16.1 pct in Sept Rate for same period in 2019 stood at 16.9... by 1​.04 bln month-on-month as debtors rise New tax debt totalled 4.94 billion, lower than the figure... at 107.41 billion. This represents a rise of just under 1 billion euros month-on-month. CPI falls

    6%
  7. Where is Odysseus? Part 4 - Unemployment and Employment
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    on the macroeconomy of Greece.[1] In blog 16, we updated the demographic projections for Greece and found... previous averages. How does this look in Greece? Figure 1 above gives a view. The average.... But inflation continued to be higher than in trading partners by an average of around 1 percentage point

    6%
  8. Newsletter 364 - 23/12/2022

    Newsletters

    SYRIZA by almost 2:1. The findings suggest that despite the derision heaped on the support measures... in its latest report a “soft landing”, with the growth rate somewhere between 1 and 1.5 pct, from... sees growth even lower to 1 pct, while inflation is also seen persisting into 2023 at 6 pct. In its

    6%
  9. Central government debt rises to 403.2 bln in Q2, cash reserves near 42 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s central government debt recorded a rise of roughly 1 billion euros to 403.2 billion euros... (over 5 years) debt made up 73.4 percent of the total, while short-term (up to 1 year) and medium-term (1 to 5 years) debt accounted for 16.5 percent and 10.1 percent respectively. Greece’s cash

    6%
  10. BoG provides insight into Greece’s housing affordability problem
    Image: MacroPolis

    EconomyFeatures

    % of disposable income dedicated to loan payments. An index value of 1 or higher indicates affordability, while a value below 1 suggests the market is unaffordable for the median household... neighbourhoods of the wider Municipality of Athens (2nd–7th districts), the index is above 1, suggesting

    6%