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New tax arrears climb by 1.25 bln in May, total stock rises to 89 bln
EconomySystems (GSIS) data showed on Tuesday. The headline figure for May represents the highest monthly rise.... Efficiency indicators GSIS data also provided an update of the efficiency indicators that benchmark
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PMI falls back into contraction territory in July, landing at 48.7 pts
EconomyMacroeconomyGreece’s manufacturing sector returned to contraction territory in July, according to data released by Markit on Monday. July’s PMI came in at 48.7 points following a slight growth in June.... Available hard data to date point towards a decline in the second quarter as well, which
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Minor uptick in time deposit and average loan interest rate in June
EconomyMacroeconomyGreek households’ new time deposit rate edged up by 1 basis point (bp) to 0.86 percent in June from 0.85 percent in May, Bank of Greece (BoG) data showed on Tuesday. This was the first uptick, albeit... significantly slowed in the 7-month period of this year. Overall, the BoG data displayed
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New tax arrears rise by 1.22 bln in June, total stock almost at 90 bln
EconomyMacroeconomyGreece’s new unpaid taxes increased by another 1.22 billion euros in June, in line with the 1.25 billion rise recorded in May, General Secretariat of Public Revenues (GSIS) data displayed on Thursday... to 89.83 billion in June, up by 943 million month on month. Efficiency indicators GSPR data also provided
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Newsletter 85 - 05/08/2016
deficit data in 2009, which made it clear that the country’s public finances were off track... them look like a mess. The truth is that Greece had been on the road to ruin and that the data
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Industrial production surges 7.5 pct in June, with highest growth rate since 2001
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) soared 7.5 percent in June following an upward revised rise by 3 percent in May, Hellenic Statistical Authority (ELSTAT) data displayed on Tuesday... data are available. It is worth noting that the IPI fell by 4.1 percent in June 2015. Thus, this year
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Justice can't be blind to facts in 2009 deficit case
Agorarevolves around a longstanding dispute over Greece’s deficit data in 2009, which made it clear... had been on the road to ruin and that the data published before Georgiou even arrived at ELSTAT
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Recent steady rise in refugee arrivals pose extra challenge for Greece
PoliticsForeign Policy, until July 10 the number of daily arrivals averaged at just under 50 (47.7), according to data... to be reached by September 2017. As of July 11, when the European Commission last published data
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Rise in number of Greeks insured in 2015 but average salary edges down
EconomyAnnual data from the Social Security Institute (IKA), the largest main pension fund in Greece, showed the number of insured individuals increased by more than 100,000 or 5.9 percent to 1.8 million... for full-time employees stood at 52 euros in 2015 compared to just 24 euros for part-timers. IKA data also
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Q2 GDP rebounds 0.2 pct QoQ but shrinks 0.9 pct YoY amid consumption drop and investment rise
EconomyMacroeconomyand 2.1 percent respectively. Following the release of Q2 provisional data, real GDP contracted by 1.... Following the release of Q2 provisional data, GDP would have to improve by 0.4 percent YoY in Q3
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