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Severe underspend covers lower revenues for end-May primary surplus
Economyof 597 million euros in May compared to a target of 246 million, reducing accordingly the year... in May by 1.04 billion, reversing the 4-month slight overperformance of 68 million... of the key budget figures, revenues (before tax refunds) resumed a downward trend in May for the first
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Newsletter 213 -07/01/2019
Theodorikakos, may take over the Interior Ministry, Nikos Dendias might become the next foreign minister... employment in December came to just under 70 percent of the total for those insured with Greece's... representing roughly 30 percent of the total, this is equal to almost one in three workers
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Total overdue tax obligations rise to 100.74 bln, up by 1.19 bln in November
EconomyMacroeconomy, which came to 12.63 billion. Roughly 82.7 percent of this year’s total (9.61 billion) originates... million. In October, tax debtors had shown a fall of over 96,000 individuals. The total for legacy tax... companies and local governments. In total, the stock of overdue obligations, including legacy and new
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Deposit flow turns positive in May with inflows of 184 mln
EconomyMacroeconomyThe flow of Greek private sector deposits turned positive in May with inflows of 184 million... balance rebounded to 121.7 billion euros in May its highest reading since January. The positive flow in May is entirely attributed to sight inflows of 1.54 billion euros, while savings and time deposits
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Hirings balance hits new record high of 108,725 in May
EconomyMacroeconomy. The share of males among total hirings edged down very slightly to 55.4 percent in May from 55.5 percent...The employment balance continued its positive momentum in May with hirings outpacing departures by 108,725, data from the Labour Ministry’s Ergani information system revealed. May is the fourth month
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Primary cash balance at surplus of 438 mln in May
EconomyMacroeconomyeuros to 17.75 billion euros against last year’s total of 17.71 billion. Expenditure for May rose... January to May showed a strong increase of 1.94 billion euros, bringing the total to 21.46 billion euros... that on a monthly basis, revenues dropped by 54 million euros in May and came to 3.12 billion euros
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Covid-19 takes toll on budget as primary deficit widens to 4.80 bln in May
EconomyMacroeconomyexecution bulletin for May showed on Monday. May’s preliminary budget had been widely anticipated.... The monthly primary balance for May came to a deficit of 3.28 billion euros compared to a monthly deficit... billion euros in May 2019. Revenues On a monthly basis, net revenues came to 1.92 billion euros which
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Seasonal jobs account for 7 in 10 hirings as balance nears 100,000 in May
EconomyMacroeconomyGreece’s employment balance continued its recovery in May with 99,956 more hires then departures... also had a solid positive balance of 124,365 more hirings than departures. The balance in May last year... in May 2020 the labour market was affected by the pandemic with just 32,975 more hires ahead of a very
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Current account balance continues to deteriorate as deficit up to May exceeds 9 bln
EconomyMacroeconomyin May, from 3.02 billion euros in the same month last year. Total imports came to 7.55 billion euros in May, from 7 billion last year. At the same time, total exports came to 4.1 billion euros, from...Greece’s current account recorded a deficit of 2.35 billion in May, from 2.69 billion euros
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Deposit flow in positive territory at 638 mln in May
EconomyMacroeconomyThe deposit flow in the Greek banking system turned positive in May, with inflows of 638 million... deposit balance increased to 119.41 billion in May. The breakdown showed that sight and time deposits.... The positive flow in May stems from non-financial corporations and insurance companies’ inflows
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