Search
-
Unemployment edges up to 24.4 pct in Q4 on seasonal drop in employment
EconomyMacroeconomyStatistical Authority (ELSTAT) figures showed on Thursday. Compared to the corresponding period last year, the jobless rate slipped by 1.7 percentage points (pp) over the Q4 2014 rate of 26.1 percent. The year on year decline reflects a rise in the number of employed by 3 percent to 3.64 million and a drop
2% -
Current account deficit narrows by 45 pct to 804.3 mln in Feb
EconomyMacroeconomyin February from 1.45 billion a year ago, Bank of Greece (BoG) figures showed on Wednesday. The year on year evolution largely reflects a notable improvement in the primary income balance, which recorded a surplus of 440 million euros from a deficit of 140 million last year, coupled with an improving
2% -
Budget primary surplus of 3.6 bln by July, monthly revenues short of target by 315 mln
EconomyMacroeconomyof 2016 from 3.71 billion last year, the Finance Ministry (MoF) preliminary budget execution bulletin showed on Tuesday. The headline figure for this year outperformed the target by 2.7 billion... time since February, yet it fell by almost 40 percent from last year. Monthly revenues (before tax
2% -
Newsletter 97 - 25/11/2016
and 2018. In specific, the primary surplus is estimated to reach 1.09 percent of GDP this year and 2 percent next year, above the fiscal targets of 0.5 and 1.75 percent, respectively. The budget outlines... in 2.45 billion next year, the most significant relating to income tax reform (716 million), a change
2% -
Newsletter 101 - 23/12/2016
the year with some festive cheer in the form of its lenders agreeing that the pension bonus and VAT... for such an eventuality. As the year ends, though, all options remain open. BoG seeks swift conclusion of review Central... the upswing in receipts in the last two months, the aggregate figures for the first ten months of the year
2% -
Another spin of the wheel for Greece
AgoraThere couldn’t have been a more fitting end to the year in Greece than the Ferris Wheel fiasco in Athens’s Syntagma Square. It was the first year the city centre’s Christmas and New Year’s..., it was a year of more social upheaval as farmers, engineers and lawyers protested against changes
2% -
Newsletter 119 - 19/05/2017
of the midnight vote, that capital controls could be lifted by the end of the year. The Greek government published... years. On the fiscal front, the primary surplus this year is seen at 1.9 percent of GDP (3.45 billion.... The upgrade of this year’s projections fully reflects an upward revision of net budget revenues by 1.29
2% -
Primary cash balance posts deficit of 316 mln in first 5 months
EconomyMacroeconomyin the first five months of 2017 from a surplus of 2.66 billion last year, Bank of Greece (BoG) data revealed on Friday. This year’s figure includes arrears’ repayments of 723 million, of which 179 million... a year ago. As previously noted, this year’s figure includes a one-off item of around 2 billion
2% -
Newsletter 125 -30/06/2017
because of the severe doubts about whether a clean exit is possible next year. But for Tsipras... envisaged in this five-year period. 2 Budget primary surplus up 26.5 pct Five-month primary target beats... surplus came to 1.84 billion euros in the first five months of 2017, up by 26.5 percent from last year’s
2% -
Newsletter 131 - 8/9/2017
surplus fell by 31 million euros from the previous year to 4.10 billion in the first seven months of the year according to the Finance Ministry’s (MoF) gg bulletin. The primary surplus of the state... consecutive month this year. From the beginning of the year, arrears have risen by 681 million euros
2%