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  1. General govt primary cash deficit of 4.84 bln in May, arrears drop by 163 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    months of the year compared to a surplus of 1.69 billion in the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin. In the underlying subcategories, the biggest year-on-year (YoY) decline was noted in social security funds (SSFs) with an annual fall of 1.05 billion

    1%

  2. Summer season looks under threat as revenues fail to materialise
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    and regional airports is down by more than 70 percent compared to last year. The seats offered... of the year, international passengers declined by 67 percent to 2.6 million passengers from 7.8 million in the same period last year. The government had pinned its hopes of reaping what little revenue

    1%

  3. Primary cash balance deficit at 6.71 bln in June
    Photo by MacroPolis

    EconomyMacroeconomy

    in the first six months of the year according to figures released by the Bank of Greece (BoG). The cash balance for the same time last year, excluding the financing of the cash buffer, showed a deficit of 24.... The aggregate figure for the first six months of the year showed that revenues fell by 2.76 billion

    1%

  4. General govt primary cash deficit at 5.48 bln in June as tax revenues fall

    EconomyMacroeconomy

    months of the year compared to a surplus of 1.70 billion in the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin. In the underlying subcategories, the biggest year-on-year (YoY) decline was noted in social security funds (SSFs) with an annual fall of 1.06 billion

    1%

  5. Primary cash deficit at 8.10 bln in July

    EconomyMacroeconomy

    in the first seven months of the year according to figures released by the Bank of Greece (BoG). The cash balance for the same time last year, excluding the financing of the cash buffer, showed a surplus.... The aggregate figure for the first seven months of the year showed that revenues fell by 3.59

    1%

  6. Budget primary deficit of 7.46 bln confirmed for July as revenues sag
    Finance Ministry

    EconomyMacroeconomy

    . For the same month last year, the primary deficit came to 1.38 billion euros. The budget balance in the first seven months of the year recorded a deepening deficit of 10.92 billion euros compared to a deficit of 1.87 billion euros seen in the aggregate period last year. For the current aggregate period

    1%

  7. GDP falls by 14 pct QoQ in Q2 and by 15.2 pct YoY to reach historic low
    Photo by Manolis Tsafos/Fosphotos

    EconomyMacroeconomy

    to the corresponding quarter last year, private consumption fell by 11.6 percent YoY in Q2 after having edged... percent this year. Exports The breakdown of the drop in export goods and services showed... by 49.4 percent. The latest from the Bank of Greece showed that in the first six months of the year

    1%

  8. Primary cash deficit at 5.78 bln in August

    EconomyMacroeconomy

    in the first eight months of the year according to figures released by the Bank of Greece (BoG). The cash balance for the same time last year, excluding the financing of the cash buffer, showed a surplus.... The aggregate figure for the first eight months of the year showed that revenues fell by 3.57

    1%

  9. Consumer confidence drops by 6 pts as economic sentiment declines in September
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    to last year, the EEI has worsened by 3.2 points. Meanwhile, compared to September 2019, the ESI has... year, consumer confidence has dropped by 34.2 points. Consumer confidence is now at its lowest level... to stand at -18.1 points. Year-on-year, industry confidence has fallen by 19.1 points. The services

    1%

  10. Unemployment drops to 16.8 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    on Thursday. For the same time last year, the unemployment rate came to 17.1 percent. In July, employment increased by 10,700 people compared to June. Year-on-year, the figure for those employed.... The unemployment rate among women fell by 1.1 percentage points (pps) year-on-year and came to 20.2 percent

    1%