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  1. General govt primary cash deficit of 7.46 bln in June, arrears drop by 10 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    euros, bringing the total figure to 131 million euros. The equivalent figure for the same time last..., where the total came to 189 million compared to 193 million last year. An increase was noted in extrabudgetary funds where the total rose by 335 million euros YoY and came to 1.57 billion euros

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  2. Newsletter 274 -20/11/2020

    Newsletters

    to climb as the country grapples with the second wave of the pandemic. On Thursday, the total death.... Additionally, the forecasts do not include the impact of the RRF, where Greece has a total allocation.... During the first ten months of the year, total expenditure came to 51.85 billion, surpassing

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  3. Newsletter 277 -11/12/2020

    Newsletters

    patients are intubated and Greek hospitals remain under extreme pressure. The total number of deaths...) with an annual fall of 880 million euros, bringing the total figure to a surplus of 171 million euros... of 1.33 billion, taking the total to 2.08 billion euros. This was followed by social contributions

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  4. Eurozone periphery condemned to low wages, demand, EC study suggests
    en_GB Photo by Harry van Versendaal

    Economy

    consolidations across the 17-nation bloc. Core countries refused to even leverage negative real interest rates... in an environment with a deflationary bias, with interest rates that historically have the tendency

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  5. Nobody has less confidence in their government than the Greeks, OECD finds
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    . This is one of the highest rates in the OECD. In terms of salaries, the researchers found...,” added the authors. 3) Women in government The OECD found that Greece has one of the lowest rates

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  6. Greek debt: A case of learned helplessness?
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    chose punishing, or “non-concessionary,” interest rates at the start of the program. It charged... exacerbated the debt dynamics. The rates that were so punishing they pushed the budget’s interest payments

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  7. Troika review begins with fiscal targets and tax breaks in focus
    Photo by MacroPolis

    EconomyMacroeconomy

    ruling. c) Retaining the solidarity tax for at least one more year albeit with lower rates, according... in the corporate tax rate (from 20 to 15 percent) and the solidarity levy as well as a cut in the tax rates

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  8. Greek travel receipts continued upward course in October, rising by 4.6 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    rates recorded in the preceding months. The increase in travel receipts is entirely attributed... dropped by 8.1 percent mainly reflecting the negative growth rates recorded as of August

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  9. Contraction in Greek credit eases slightly to 3 percent in November
    Photo by MacroPolis

    EconomyMacroeconomy

    , broadly similar to the contraction rates recorded since May 2014. Balances fell by 0.4 percent MoM... are the key drivers of the prevailing negative credit rates. Banking sources have indicated that the outcome

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  10. Travel receipts up by 1 pct in Dec but balance in deficit of 27.9 mln

    EconomyMacroeconomy

    Russia dropped 7.6 percent mainly reflecting the strong negative growth rates in the August – October... in 2014 from 445 million in 2013. Despite the relatively modest growth rates in both the arrivals

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