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VAT, income taxes help push May budget primary balance above target by more than 3 bln
EconomyMacroeconomybalance is better than the target by 3.33 billion euros. Revenues Net revenues for the period stood... million higher than the target. Excise tax revenues were 2.63 billion, 73 million lower the target... to 6.16 billion Euros, 633 million higher than the target. Tax refunds came to 2.71 billion euros
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BoG: Growth could be 2 pts lower than expected, inflation may reach 7 pct
Economystability is crucial, as pandemic related spending is contained and tax revenues recover
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National Bank reports 1.15 bln H1 profit on back of 1 bln deferred tax
EconomyBanking. The underlying profitability reflects pre-provision income (PPI) of 828 million in H1, up 5 percent coupled with a drop in loan provision by 17 percent to 705 million. The quarterly figures show PPI down 11... of PPI performance are net interest income (NII) evolution and cost containment. NII fell 6 percent
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MoF to announce measures for safeguarding businesses impacted by COVID19
Economybe put to use to compose a picture of the virus’s overall impact once the outbreak subsides... 400 percent in customers shopping online rather than visiting stores, with a significant increase... dropped by 34 percent, and more than 12 billion euros have been lost from total market
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Greek C/A deficit shrinks by 17 pct in April as imports drop faster than exports
EconomyMacroeconomypercent respectively. In absolute numbers though, the drop in imports was higher than that in exports... by 211 million and lower services surplus by 184 million more than offsetting an narrowing... 1.9 times higher than exports, at 12.55 and 6.72 billion respectively, the goods’ deficit improved
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Current account deficit more than halves to 708 mln in March
EconomyMacroeconomyGreece's current account (C/A) deficit more than halved to 708.1 million euros in March from 1.48...’ deficit by 438 million and an increase in the secondary income surplus by 99 million. This more than... and a rise in the primary and secondary income balances by 487 and 170 million respectively more than
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Primary cash surplus more than doubles to 2.8 bln in first half of 2016
EconomyMacroeconomy. The monthly balance figure also remained positive at 101 million euros in June but more than halved... deficit stood at 318 million more than doubled from last year’s figure of 147 million. The improvement.... It should be noted though that the accounting method of MoF is different than the one applied
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Employment balance records 33,620 more hirings than departures in June
EconomyMacroeconomyThe employment balance remained in positive territory in June with 33,620 more hirings than... was recorded for those aged 30-44, where 6,259 more departures than hirings took place. Broken down..., the employment balance showed 298,171 more hirings than departures. Ergani noted that the balance
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EFKA fund data shows 30 pct in part-time jobs earning less than 400 euros on average
EconomyMacroeconomy, around 50 percent of insured employees earn less than 818.07 euros gross per month. The report showed that the average monthly salary of women is 19.5 percent lower than the average monthly salary... is equal to women getting paid 36.7 percent less than men. Compared to December 2017, the data showed
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New study shows Greek population more than halving by 2100
Societymillion people by 2100, less than half of the recorded population in 2017. The paper entitled... rate lower than the replacement level of 2.1 and over, and 183 were forecast to have a total fertility rate lower than replacement by 2100. The main conclusion of the Lancet study on a global basis
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