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Unemployment rate continues to rise in March, reaching 9 pct
EconomyMacroeconomy, the single-digit rate was Greece’s lowest since November 2008, when it was at 7.7 percent, however
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Retail sales growth remained strong in Feb with 7.2 pct YoY rise
EconomyMacroeconomymoved up with a 9.7 percent rise. Pharmaceuticals increased by 7.7 percent YoY. The volume data
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Unemployment heads north, hovering at 10 pct over last two months
EconomyMacroeconomyrate was Greece’s lowest since November 2008, when it was at 7.7 percent, however, it has been
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Lending to corporates drives credit drop of 6.8 pct YoY in Apr
EconomyMacroeconomyCredit expansion in the Greek private sector remained strong in April, rising by 6.8 percent year-on-year (YoY), from 7.7 percent the previous month, Bank of Greece (BoG) figures released on Tuesday showed. The net lending flow was negative by 1.22 billion euros after an inflow of 2.41 billion
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CPI at 5.2% YoY in May as impact of Iran war spreads
EconomyMacroeconomyto the dwelling, electricity, natural gas, heating oil, solid fuels. Specifically, rents were up by 7.7
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New fiscal measures aim to edge Greece closer to deal with lenders
EconomyMacroeconomylist submitted in late March, MoF sources told Kathimerini that the current estimate has now been reduced to 0.5 percent. The Commission estimated in its spring economic forecasts published earlier... that the government is currently considering to cover the estimated fiscal gap involve: 1) A unified VAT rate between
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The key points from Greece's proposal to lenders
EconomyProgramme). For 2017-19 the privatization proceeds are estimate at 2.12 billion, yet the bulk (1.59 billion... at 1.06 billion in 2015 5) Tax on television advertisements with estimated revenues at 100 million... for the collection of revenues related to automobile ‘KTEO’ fines and uninsured vehicles (estimated revenues at 120
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Revised data shows economy shrank by higher rate of 21.4 pct from 2010 to 2014
EconomyThe Hellenic Statistical Authority (ELSTAT) published on Tuesday its second estimate of Greece’s... household consumption expenditure for 2010-2013 and new estimates for 2014, incorporation of analytical... the recession was more than 1.3 billion deeper than previous estimates suggested. The breakdown
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Newsletter 72 - 06/05/2016
it predicted in its previous estimate in early February. For 2017, Greek economy is seen strongly... earlier optimistic estimates, the Eurogroup is not expected to reach an agreement, primarily due... eurozone officials’ estimates point to an agreement by then. Corporate lending falls in March Corporate
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More fiscal measures, restrictions on movement mulled by govt as it rides high in polls
PoliticsGreek Politicsestimate that 8 in 10 salaried staff will be eligible and 3 in 4 self-employed and freelancers... Federation of Enterprises (SEV) estimates that the cost of keeping so many businesses closed... it estimates at 37 billion euros, to cover this disruption to the budget, it will only be able to do so
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