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  1. Newsletter 119 - 19/05/2017

    Newsletters

    . The upgrade of this year’s projections fully reflects an upward revision of net budget revenues by 1.29... led to net revenues falling short of the target by 152 million. In addition, the Public Investment

    5%

  2. Budget primary surplus of 1.73 bln outperforms target, tax revenues fall short in April
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    million, but lower privatisation revenues and higher tax refunds led to net revenues falling short... by the lower than expected privatisation revenues and the higher tax refunds. As a result, although net

    5%

  3. Stocks rise for first time in three weeks, gaining 1.1 pct
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    . Corporate news Alpha’s Q1 net profits more than doubled quarter on quarter to 48.1 million, while core... than halved to 13.1 million. Lamda Development reported a rise of 6.3 percent in Q1 net profits

    5%

  4. Aided by underspend, budget primary surplus reaches 1.84 bln in 5-month, 792 mln above target
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    surplus was upped by 544 million euros to 4.34 billion in 2017, reflecting higher net revenues (by 1.29.... Overall, net revenues amounted to 17.92 billion in the 5-month period and were spot on target

    5%

  5. Unemployment rate falls to 21.7 pct in April, lowest since Jan 2012
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    balance stayed positive in May, with net hirings climbing by around 13,000 to 89,534 from 76,591 a year earlier. Hirings stood at 264,587 compared to 175,053 departures. The biggest contributors to net

    5%

  6. Athens holds off on bond as Tsipras talks up labour market
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    database, there were almost 100,000 net hirings in June, which was the highest figure seen... almost 256,000 net hirings. Tsipras also pointed during his speech to a gradual increase in wages

    5%

  7. Budget primary surplus at 1.94 bln in H1, beating target by 1.5 bln on underspend
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    with higher than targeted Public Investment Budget (PIB) balance and slightly higher net revenues... period, 133 million higher than target. Overall, net revenues amounted to 21.34 billion euros

    5%

  8. Unemployment at 21.7 pct in May after revised April figure
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    positive in July, with net hirings of 7,242, although the July figure dropped by around 12,039 to 7,242 from 19,281 a year ago. The biggest industry sectors contributing to net hirings were food services

    5%

  9. Greek demographic ratios among the worst in Europe
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    crisis, Greece’s net migration balance in 2010 was negative for the first time in 35 years. Unlike... in Greece. “Whether the pensions system will succeed in future in providing an effective safety net

    5%

  10. Unemployment falls to 21.2 pct in June, lowest since Dec 2011
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    that the employment balance stayed positive in July, with net hirings of 7,242, although the July figure... to net hirings were food services (+15,728), accommodation (+8,225) and the food industry (+6,125

    5%