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Greek primary cash surplus widens to 3.2 bln in 7-month
EconomyMacroeconomywas eliminated to just 5 million in the 7-month period. The significant drop in July arrears is largely... reflects the two tranches of 6.3 and 1 billion from Greece’s eurozone partners in April and July
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OECD report paints grim picture for Greece's labour market
EconomyMacroeconomypercent in 2013, with Spain and Portugal increasing by 1.9 and 1 percent respectively. Greece... Purchasing Power Parity – PPP) in Greece fell 5 percent year on year to 25,503 in 2013. This is 41.7
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Greek primary budget surplus eases to 1.95 bln on back of lower revenues in Aug
Economydeclarations lagged the figure incorporated in the 2014 budget by almost 1 billion. This means that even... increase in arrears of 5 million since the beginning of the year Interest payments decreased by 11.4
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Current account surplus reaches 1.68 bln in July thanks to services
EconomyMacroeconomyperiod, non-residents’ direct investment displayed a net inflow of 1 billion, while residents’ direct... assets remained flat month on month at 5 billion, while they increased by 0.4 billion YoY.
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Poor poll figures leave Samaras in quandary over next move
PoliticsGreek Politics1 #Greece — MacroPolis (@MacroPolis_gr) September 27, 2014 Although the 11-point lead is important, especially as it comes after SYRIZA increased its share of the vote by 5 points since July
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Tourism helps bring Greek unemployment down to 26.4 pct in July
EconomyMacroeconomyof the strong tourism season. The slowdown of the seasonally-adjusted jobless rate in July reflects a 1... is an increase by 34,200 from the June figure. However, the cumulative drop over the past 5 years stands
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Greek deposit and loan rates slide in September
EconomyMacroeconomyThe interest rate on households’ new time deposits slipped by 5 basis points (bps) to 2.08 percent in September, according to the Bank of Greece (BoG). This was the lowest month on month drop since... loans with fixed maturity for amounts above 1 million euros, the interest rate fell 44 bps to 5.12
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What does a bailout exit with a precautionary credit line mean for Greece?
EconomyProgrammeaccompany the new agreement: 1) Social security fund consolidation, alignment of retirement criteria... of strike framework to European standards. 5) Justice system reform. 6) Restructuring of hospitals
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Greek economic sentiment and consumer confidence up again in November
EconomyMacroeconomyperiod. Consumer confidence also improved for the second straight month in November, rising by 1... gains of 5 points.
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Greek tax revenues at 33.5 pct of GDP in 2013, slightly below OECD average
EconomyMacroeconomypercent. After reaching a low of 1 percent in 2010, the property tax to GDP ratio hiked to 1.8..., their contribution to total taxation fell to 37.8 percent in 2012, 5 pp above the OECD average of 32.8
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