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Government tables 2016 budget, upgrades GDP forecasts but leaves fiscal estimates unchanged
EconomyMacroeconomyin the draft budget), a much slower drop in investments of 8.4 percent (from -16.5 percent). In addition... percent before), investments to drop by 3.7 percent (from growth of 4.5 percent previously... to 19.17 billion euros in 2015 reflecting a drop in income tax by 3.6 percent and a bigger decline of 17.4
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Deflation slows to 0.7 pct in Nov
EconomyMacroeconomya marginal rise by 0.1 percent. The drop in the November CPI is largely attributed to a decline...-on-month CPI fall, the November decline of 0.8 percent is mostly due to a drop in clothing..., the highest deflation rate of -2.9 percent was recorded in November 2013. The drop in the CPI
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Retail sales fall at slightly slower pace of 3.9 pct in Oct
EconomyMacroeconomydrop and the seventh negative reading in the course of 2015. The downward trend in October retail sales is largely attributed to a double-digit drop in automotive fuel (-17.9 percent) and in retail... (-41.4 percent). On the other side of the spectrum, the lowest drop was evident in automotive fuel
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General government primary cash surplus widens notably to 5.14 bln at end of Nov
EconomyMacroeconomyfor the second time this year. The year to date result for the social security funds stems from a drop in their revenues by 6.5 percent to 31.56 billion euros. There was a smaller drop in expenditure... movement in November results from a drop in the bank support scheme and Emergency Liquidity
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Industrial turnover drops 10.1 pct in November, for thirteenth straight fall
EconomyMacroeconomya revised 18.8 percent drop in October, Hellenic Statistical Authority (ELSTAT) figures showed...-digit decline. The marked drop in November mostly reflects a similar decrease in manufacturing turnover... a fraction of the overall index. The industrial turnover in the domestic market showed a drop of 8.2
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General gov't primary cash surplus more than doubles to 4.14 bln in 2015, arrears ease to 5.4 bln
EconomyMacroeconomyfunds’ primary cash surplus fell by 656 million. The SSF outcome stems from a higher drop... to 5.39 billion at the end of December from an upward revised 5.8 billion in November. Despite a drop.... Despite the drop in the last five months, the stock of guarantees in December is still 43 billion
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Fall in industrial turnover slows to 1.8 pct in December
EconomyMacroeconomyThe drop in Greece’s Turnover Index in Industry markedly slowed to 1.8 percent in December from a revised 10.2 percent drop in November, Hellenic Statistical Authority (ELSTAT) figures displayed... in the domestic market eased 0.1 percent, while recorded a higher drop of 4 percent in the non-domestic market
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Newsletter 63 - 19/02/2016
0.1 percent in January. The decline in January’s CPI is largely due to a drop in clothing... and services (down 3.1 percent). A drop in clothing and footwear prices were the main reasons for January’s... quarter (Q4) of 2015, compared to the revised 5.8 percent drop in Q3. The Q4 figure is the 27th
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Investment: The forgotten casualty of the Greek crisis
Agora. The scale and degree of acceleration in the drop of investments during the crisis is apparent when compared... investment spending. Other construction also had a significant drop of 30 percent since its 2003 peak... casualty with a drop of 71 percent since the 2007 high, with just 3.4 billion spent. Its share
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Trade deficit drops 5.1 pct in January, exports down 8.1 pct
EconomyMacroeconomydecline in January reflects a drop in exports and imports by 8.3 and 7 percent respectively. For exports... percent drop posted in December. Similarly, imports decreased for the ninth successive month, yet the January rate was slightly lower than the 7.9 percent drop recorded in December. In absolute terms
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