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Primary cash surplus at 1.75 bln as expenditure rises in Sept
EconomyMacroeconomyin the first nine months of 2017, compared to a surplus of 4.05 billion euros for the same time last year, Bank of Greece (BoG) data revealed on Thursday. The BoG notes that this year’s figure includes arrears... a year ago. As noted previously, this year’s figure includes a one-off item of around 2 billion euros
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Net job hirings balance turns negative by 98,420 in October
EconomyMacroeconomynegative balance for the year and largely reflects the ending of seasonal contracts after the summer... to October last year, when a negative balance of 82,810 was recorded, this year’s figure has worsened...-time hirings came to 37.7 percent of the total, the lowest for the year so far. Part-time and shift
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Newsletter 143
billion in the first 10 months of 2017, up by 452 million compared to the same time last year... under 40 billion for the first time this year. The main driver of the fall was a 5.81 billion euro... by 0.4 percent. On a year-on-year (YoY) basis, Greece’s GDP grew by 1.3 percent thanks to a 10.6 percent
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November current account deficit at 954 mln, goods balance improves
EconomyMacroeconomyon Monday. The respective figure for a year ago showed a deficit of 1.25 billion, meaning that although the deficit worsened month-on-month, it improved by 295.9 million euros year-on-year. According... for the same time last year. Exports grew by 385.4 million euros year-on-year, an improvement of 18.1
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Newsletter 149 -2/02/2018
year to 2020. In the adverse scenario, GDP is assumed to drop by 1.3 percent in 2018, 2.1 percent... against last month’s figure of 1.14 billion. The aggregate figure for the year shows that new tax... for the same time last year, which came to 13.91 billion. Around 84.1 percent of this year’s total (10.88
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Unemployment rate at 20.9 pct in November, slight upward revision for October
EconomyMacroeconomy, with the total for those employed standing at 3.8 million. On a year-on-year basis, the figure is 94,071 higher than that for the same time last year. The change in the number of unemployed... against the previous year, and is the fourth consecutive month since October 2011 where the total
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Newsletter 152 -23/02/2018
quarter of the year. According to reports, as of a few days ago, just over 1,500 auctions had been..., which could come soon after the end of the third MoU this year or at some point in 2019. The inquiry... deficit to deepen by 233.4 million year-on-year Greece’s current account (C/A) balance recorded a deficit
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Newsletter 153 -2/03/2018
. The sceptre of the tax measure being moved forward by a year is still hanging over Athens. This is to be decided in May, when there will be a clearer picture of this year’s budget execution and whether... highest level since July 2014 Year-on-year, the ESI has improved by 11.4 points compared
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Eurobank net profits decline by 22.5 pct in 2017, NPE reduction beats target
EconomyBankingand restructuring costs. For the whole year, net profits before discontinued operations... for the quarter came to 42.9 million euros, reversing a loss of 15.3 million euros in Q3. For the full year, results came to a net profit of 103.8 million against 235 million a year ago, declining by 55.8
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Budget primary surplus at 2.75 bln in Feb on increased revenues, lower expenditure
EconomyMacroeconomy, up by 28.9 percent against last year’s figure of 2.14 billion euros, the Finance Ministry (MoF... figure of 1.85 billion. Year-on-year, February’s primary balance fell by 19.4 percent against... billion euros, up substantially against the balance for the same time last year (434 million
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