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Newsletter 254 -19/06/2020
Servicing Firms (CSFs) in Greece. BoG said that the data was being provided as part of ongoing efforts to further enhance the information disseminated to the public and to analysts. The data showed
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New tax debt at 2.21 bln to Mar, up by 545 mln month-on-month
EconomyMacroeconomyThe month-on-month rise in Greece's new tax debt came to 545 million euros in March, data from the Independent Authority of Public Revenues (IAPR) has shown. New tax debt totalled 2.21 billion, lower... unpaid, according to the latest data from the IAPR. Total debtors now stand at 3.95 million, down
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Industrial production drops by 7.5 percent in May
EconomyMacroeconomy(ELSTAT) data revealed on Friday. Month-on-month (MoM), the index rose by 3.3 percent after a sharp..., Markit’s PMI for June increased to 49.4 points from 41.1 points, according to the latest data from
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BoG stresses more work needed on NPE reduction, pushes bad bank idea
EconomyBankingThe Bank of Greece (BoG) issued on Thursday its latest financial stability report, which includes data from the first quarter of 2020. BoG notes the progress made so far by the systemic banks... in the future as 2030, by asking borrowers to resubmit their financing data for a review and assessment
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Pandemic's growing economic impact warrants extra support measures, funded by cash buffer
PoliticsGreek Politics. The need for support to be extended to the labour market was highlighted by the latest data published.... According to the Bank of Greece’s latest data, during the first six months of 2020, arrivals
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Greece grapples with second Covid-19 wave as cases soar
Societyavailable data as of August 23, the average age of patients had dropped further to 39 years... and by close to 10 percent under a double wave scenario. According to the latest data from the Bank
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Grim picture in labour market obliges govt to provide more job support schemes
EconomyFeaturesThe government is taking measures to mitigate the impact of the coronavirus pandemic on unemployment, particularly in sectors directly or indirectly connected to the tourism industry. The latest data... 125,000 of those received no support benefits. Data from the Manpower Organisation (OAED) showed
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Industrial production drops by 0.2 percent in July
EconomyMacroeconomy(ELSTAT) data revealed on Wednesday. Month-on-month (MoM), the index rose by 10.3 percent after... points, according to the latest data from Markit PMI. The slower overall decline largely stemmed
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VAT gap of 30.1 pct in 2018 keeps Greece among worst performers in EU
EconomyFeatureswith a gap of 33.8 percent. The figures are based on data covering the period of 2013 to 2018... the same time. According to the data series, Greece’s VAT gap was at its lowest in 2001 at 17.7 percent
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New tax debt at 2.53 bln to May, up by 96 mln month-on-month
EconomyMacroeconomyThe month-on-month rise in Greece's new tax debt came to 96 million euros in May, data from the Independent Authority of Public Revenues (IAPR) has shown. New tax debt totalled 2.53 billion, lower... months of the year, another 506 million in taxes went unpaid, according to the latest data from the IAPR
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