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General govt primary cash surplus at 9.45 bln in Dec, arrears fall by 195 mln
EconomyMacroeconomywhich came to 6.99 billion and showed a drop of 337 million. Interest paid fell by 262 million euros to 4.56 billion euros. A small drop of 23 million euros was seen in social benefits, which came... refunds with a drop of 113 million euros. This was followed by hospitals (-61 million), SSFs (-54
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Industrial production declines by 4.5 pct in Dec
EconomyMacroeconomycompared to a revised downward drop of 9 percent in November, according to Hellenic Statistical...-on-month (MoM), the index increased by 5.5 percent after a drop of 5.5 percent in November. The decline... was driven by a 11.5 percent fall in the mining and quarrying index, along with a drop of 5.8 percent
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Newsletter 239 -14/02/2020
-on-year (YoY) in December compared to a revised downward drop of 9 percent in November, according... was driven by a 11.5 percent fall in the mining and quarrying index, along with a drop of 5.8 percent... after a drop of 5.5 percent in November./span> Building permits up by 12.4 pct in Nov Permits show
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Gathering signs of coronavirus impact on growth expectations
Economyin the balance of goods, including tourism related services, and a drop in private consumption. “Based... during the second quarter of the year. Should this manifest, the subsequent drop in tourism revenue...) released a statement advising steps to deal with the drop in bookings and rise in cancellations
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General govt primary cash surplus at 899 mln in January, arrears rise by 38 mln
EconomyMacroeconomyeuros was seen taking the total to 249 million euros. In other revenue, a drop of 10 million euros... million euros to 147 million euros. Interest paid and subsidies both rose by 12 million euros. A drop... decrease came from tax refunds with a drop of 55 million euros. This was followed by hospitals (-12
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Unemployment at 16.4 pct in January
EconomyMacroeconomy-on-year. Broken down by age group, the largest annual drop in unemployment was seen in the 15-24 years.... The smallest drop in unemployment was noted for those aged 55-64, where an annual drop of 0.4 pps was noted
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IMF sees 2020 GDP contraction at 10 pct, budget deficit at 9 pct due to virus impact
EconomyMacroeconomyis on course for an estimated drop of 7.5 pct, according to the IMF, which expects a recovery of 4.7 in 2021. In the last quarter of the year, eurozone GDP is expected to drop by 5.9 pct. In terms of the worst hit countries from the pandemic in Europe, Italy’s GDP will drop by -9.1 pct this year, Spain
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IMF expects difficult year for public finances, PBO highlights impact on labour force
EconomyMacroeconomyas a percent of GDP will drop this year and next to 45.8 and 45.3 pct, from 48.3 pct of GDP in 2019... is affected, consumption over the quarter will drop by 23.6 pct, the risk premium of investments will rise by 5 percentage points and the drop of exports in the quarter is seen at 25 pct. The PBO has
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Industrial production edges up by 0.6 percent in March
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) increased by 0.6 percent year-on-year (YoY) in March following a slightly upward revised drop of 3.2 percent in February, Hellenic Statistical Authority.... The aggregate was driven by a 10.7 percent drop in the electricity supply index and a 0.3 percent drop
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Travel balance falls by 53.6 pct in March
EconomyMacroeconomy. For euro-denominated countries, receipts showed a drop of 71.9 percent to 29.6 million. Receipts... by 17.1 percent to 619.1 million euros. Payments also recorded a drop of 25.5 percent to 433.7..., arrivals showed a drop of 5.6 percent in the first three months of the year and came to 1.8 million
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