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  1. Budget primary surplus at 1.94 bln in H1, beating target by 1.5 bln on underspend
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    euros in June from 114 million in the previous month. In addition, the budget balance posted a deficit... million in the previous month. The breakdown revealed tax revenues dropped by 9.5 percent to 3.26

    7%
  2. Tsipras eyes expansionary measures in 2019 as he starts building post-MoU narrative
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    the heaviest burden in previous years.” Tsipras underlined that this would be on top of measures... of elections. In a departure from previous interviews, Tsipras highlighted the need to keep up

    7%
  3. May retail sales show slight rise of 0.4 pct, volume increases 0.3 pct
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    a revised growth of 2.1 percent in the previous month. The largest year-on-year rises in May retail... percent MoM in May after rising by 2.1 percent in the previous month. Since 2010 retail sales have

    7%
  4. Georgiou conviction may test relationship with lenders
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    specific ruling, which we note is not in line with the previous ruling,” she said. “We understand... the previous, New Democracy-led government. The judicial official ruled that a decision

    7%
  5. Greeks deeply pessimistic about future but confidence in euro persists
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    average of 51 percent which felt the same. Compared to the previous Eurobarometer survey, the EU average... percentage point compared to the previous survey. The EU average was 21 percent. Another 61 percent thought

    7%
  6. New overdue tax obligations reach 727 mln in June, total at 95.6 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent in June from 86.8 percent in the previous month. The amounts due for the other three key taxes... to the previous month. The debt pile corresponds to 52.8 percent of GDP. Efficiency indicators IAPR also

    7%
  7. CPI up by 1 pct in July for seventh straight rise
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    the previous month, July’s headline figure is the seventh consecutive positive reading after four years... to the previous month. Coffee prices rose by 14.0 percent, passenger transport by air by 13.9 percent

    7%
  8. Eurosystem funding drops by 3.9 bln in July on big decline in ELA
    Photo by Kiefer via Flickr https://flic.kr/p/q2j8Dt

    EconomyMacroeconomy

    and deposit inflows. The composition of the Eurosystem funding remained similar to that of the previous... the previous month. The BoG figures also revealed that the banknotes in circulation declined by 962

    7%
  9. GDP rises by 0.5 pct in Q2 as signs of recovery emerge
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) GDP grew by 0.5 percent quarter-on-quarter (QoQ) in the second quarter (Q2) of 2017, after an upwards revised increase of 0.5 percent in the previous quarter... Household consumption dropped by 0.1 percent QoQ after rising by 0.2 percent in the previous quarter

    7%
  10. Wages index improves 0.5 pct in Q2, rises 1.8 percent QoQ
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The seasonally adjusted (SA) Wages Index rebounded for the seventh successive quarter by 0.5 percent year on year (YoY) in the second quarter (Q2) of 2017 after edging up by 1 percent in the previous... holidays and maternity leave). Compared to the previous quarter, the wages index rose by 1.8 percent

    7%