Search
-
Credit contraction at 1.1 pct in Dec, loans to enterprises increase by 1.09 bln MoM
EconomyMacroeconomyunder the 180-billion euro mark for nine consecutive months. The net lending flow stayed positive.... Credit to insurance corporations showed a net monthly inflow of 22 million, which took the balance... million in December which brought the balance to 76.30 billion euros. Driven by the net deductions
8% -
December current account deficit at 1.51 bln and 5.28 bln for 2018
EconomyMacroeconomybillion in 2018. Financial account Residents’ net external assets showed a rise of 102 million...). Portfolio investment showed a net increase in residents’ external assets of 719 million euros... the corresponding liabilities grew by 3.6 billion. Portfolio investments displayed a net increase
8% -
Credit contraction at 1.1 pct in Jan, balance at 169.42 bln
EconomyMacroeconomyfor 10 consecutive months. The net lending flow was negative for the month and showed outflows of 705... million euros from 1.06 billion in the previous month. Credit to insurance corporations showed a net... in January which took the balance to 75.94 billion. Driven by the net deductions mentioned
8% -
January current account deficit at 1.18 bln as underlying components deteriorate
EconomyMacroeconomynoted in both accounts. This was attributed by the BoG to a drop in net receipts from other primary income and the general government, respectively. Financial account Residents’ net external liabilities... of Orilina Properties Real Estate Investment Company. Portfolio investment showed a net decrease
8% -
Credit contraction at 0.6 pct in Feb, balance at 169.85 bln
EconomyMacroeconomy, and stayed under the 180-billion-euro mark for 11 consecutive months. The net lending flow turned... corporations showed a net monthly outflow of 47 million euros, improving from outflows of 192 million... in January which took the balance to 75.75 billion. Driven by the net deductions mentioned previously
8% -
Greece tax wedge rises two places to 13th highest among OECD countries, report finds
EconomyFeaturesat the net average tax rate, which is defined as a measure of the net tax on labour income paid directly by the employee. The results showed that in Greece, an average single worker faced a net average... and tax provisions reduced the net average tax rate from 26.1 percent to 22.3 percent. Although reduced
8% -
Current account balance shows surplus of 300.6 mln in May
EconomyMacroeconomypayments rose by 25.5 percent to 1.16 billion. Financial account Residents’ net external... showed a net decrease in residents’ external assets which was driven by a fall of 606 million... was noted in residents’ external liabilities. In the first five months of the year, a net decrease
8% -
Current account balance surplus of 874.4 mln in June shows significant yoy improvement
EconomyMacroeconomy’ net external liabilities showed an increase of 196 million in June with no notable transactions recorded for the month. Portfolio investment showed a net increase in residents' external assets due... of the year, a net decrease in residents' external assets was attributable to a rise of 3.8 billion
8% -
Budget primary balance dips to deficit of 1.51 bln in April on Covid-19 measures
EconomyMacroeconomyby 2.29 billion euros. Primary expenditure came to 13.81 billion euros. Net revenues came to 14.10.... Revenues On a monthly basis, net revenues came to 3.01 billion euros, 1.18 billion euros lower than... that net revenues in April underperformed against the target by 399 million. This is due to the adoption
8% -
April budget primary balance shows deficit of 1.52 bln as state revenues miss target by 7.5 pct
EconomyMacroeconomybillion euros. Primary expenditure came to 13.81 billion euros. Net revenues came to 14.10 billion... On a monthly basis, net revenues came to 3 billion euros, 1.19 billion euros lower than the monthly... for the coronavirus. Taking these factors into account, the MoF noted that net revenues in April
8%