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General gov't primary surplus shrinks to 419 mln in January
EconomyMacroeconomywith a surplus at 196 million, which showed the slowest drop of -6.2 percent YoY. The surplus... funds was mainly due to a drop in revenues. Local governments posted a rise in revenues by 24 percent... sector recording an increase in expenditure by 6.8 percent, which coupled with the 14.1 percent drop
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Newsletter 37 - 31/07/2015
-46.8 in June. Monthly drop of 9.4. points represents a historic nosedive. Deposit outflows up in June... of the technocratic know-how that would help speed up negotiations, the probability of an agreement being... sources, the drop in corporate turnover has ranged from 30 to 80 percent across the various business
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Unemployment down for second straight month in August, falls to 24.6 pct
EconomyMacroeconomy. The drop in the last two months is probably due to seasonal reasons related to tourism, while... in August reflects a month on month (MoM) drop in the number of unemployed for the 15th consecutive month.... After a drop in August to 92,238, the number of registered jobless that receive the monthly benefit
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Q3 GDP slips 0.9 pct QoQ on lower private consumption and investment
EconomyMacroeconomyafter the zero and 0.3 percent growth rates posted in Q1 and Q2 2015 respectively. The QoQ drop... of -0.4 percent and a downward revised growth of 0.9 percent in Q2. The drop in Q3 was the first negative reading since Q4 2013. GDP at current prices slipped 0.8 percent QoQ in Q3 after edging up by 0.1
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Bank of Greece reveals lenders' NPE challenge and sets out path to recovery
EconomyMacroeconomyratio of 50.5 percent is due to drop to around 34 percent in 2019. In addition, NPLs are estimated... that the NPL ratio is expected to drop by 18 percentage points (pp) from 38 percent in June to 20... for the anticipated drop in bad loans also supported by collateral liquidations, collections and loan sales
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Newsletter 108 - 24/02/2017
, but reports have suggested that this may drop to around 1.5 percent of GDP, bringing the total down.... The drop in full-year receipts fully reflects a reduction in the average expenditure per trip by 11.3... reflects a significant drop in the services surplus by 1.61 billion and, to a lesser extent
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General govt primary cash surplus falls to 1.2 bln in Q1, arrears edge down to 5.05 bln
EconomyMacroeconomy, mostly due to a sharp drop in transfers by 1.55 billion to 1.43 billion, while taxes also declined... fell by 573 million to 18.11 billion euros, largely due to a drop in social benefits by 559 million... compensation and subsidies rose by 96 million each. It is noted that social benefits make up more
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Newsletter 179 -19/10/2018
built up between the two men over the last three years, with Tsipras growing tired of Kotzias’s tendency to go it alone. Also, in weighing up which side to take in this intergovernmental feud..., from 1.2 percent in the first estimate. Gross fixed capital formation was up by 9.2 percent, slower
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Newsletter 214 -12/07/2019
ND sweeps in, starts work Mitsotakis names mixed cabinet, lines up first bills that include... in September 2015, while SYRIZA lost 145,614 voters, a drop of 7.6 percent. SYRIZA’s outcome was enough... administration will have prepared for what’s shaping up to be a challenging round of talks with creditors over
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GDP falls by 1.6 pct QoQ in Q1 and by 0.9 pct YoY
EconomyMacroeconomy2015, when there was a drop of 2 percent. Compared to Q1 in 2019, GDP shrank by 0.9 percent... and services edged up very slightly by 0.1 percent. Final consumption expenditure edged down by 0.4.... Private consumption is expected to drop by 4.1 percent in 2020 and public consumption is seen
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