Search
-
Population projections show demographic problem set to worsen in coming decades
Societyof the population is set to rise from 43.8 years in 2018 to 46.9 years in 2035. ELSTAT’s data showed that net... emigrants. In 2016, net migration was negative by over 10,300 people. ELSTAT noted that immigration... each year by 2035. With the above birth and death scenarios, when net migration of zero is assumed
3% -
December current account deficit at 1.51 bln and 5.28 bln for 2018
EconomyMacroeconomybillion in 2018. Financial account Residents’ net external assets showed a rise of 102 million...). Portfolio investment showed a net increase in residents’ external assets of 719 million euros... the corresponding liabilities grew by 3.6 billion. Portfolio investments displayed a net increase
3% -
January current account deficit at 1.18 bln as underlying components deteriorate
EconomyMacroeconomynoted in both accounts. This was attributed by the BoG to a drop in net receipts from other primary income and the general government, respectively. Financial account Residents’ net external liabilities... of Orilina Properties Real Estate Investment Company. Portfolio investment showed a net decrease
3% -
Greece tax wedge rises two places to 13th highest among OECD countries, report finds
EconomyFeaturesat the net average tax rate, which is defined as a measure of the net tax on labour income paid directly by the employee. The results showed that in Greece, an average single worker faced a net average... and tax provisions reduced the net average tax rate from 26.1 percent to 22.3 percent. Although reduced
3% -
Newsletter 213 -07/01/2019
contraction is the lowest since January 2011, when a drop of -0.2 percent was noted. The net lending flow... of 314 million euros in April. The corporate lending balance's net monthly flow was also negative by 49 million euros. The household lending sector’s net monthly movement showed negative movement of -215
3% -
Current account balance shows surplus of 300.6 mln in May
EconomyMacroeconomypayments rose by 25.5 percent to 1.16 billion. Financial account Residents’ net external... showed a net decrease in residents’ external assets which was driven by a fall of 606 million... was noted in residents’ external liabilities. In the first five months of the year, a net decrease
3% -
Budget primary balance dips to deficit of 1.51 bln in April on Covid-19 measures
EconomyMacroeconomyby 2.29 billion euros. Primary expenditure came to 13.81 billion euros. Net revenues came to 14.10.... Revenues On a monthly basis, net revenues came to 3.01 billion euros, 1.18 billion euros lower than... that net revenues in April underperformed against the target by 399 million. This is due to the adoption
3% -
April budget primary balance shows deficit of 1.52 bln as state revenues miss target by 7.5 pct
EconomyMacroeconomybillion euros. Primary expenditure came to 13.81 billion euros. Net revenues came to 14.10 billion... On a monthly basis, net revenues came to 3 billion euros, 1.19 billion euros lower than the monthly... for the coronavirus. Taking these factors into account, the MoF noted that net revenues in April
3% -
H1 results for Greek corporates show signs of pandemic biting
EconomyCorporatesby the provision for personnel's severance payment of 16.3 million. Net results showed profits of 29.3... EBITDA of 291.8 million a year ago. Net results showed a loss of 150.6 million euros compared... to a profit of 5.7 million in H1 2019. Fourlis Group has reported that their net results for the first
3% -
Newsletter 279 -13/11/2020
balance decreased slightly to 147.25 billion euros. The net lending flow was positive by 230 million compared to outflows of 247 million euros in October. The corporate lending balance's net monthly flow...), rose by 2.72 billion in November. Net deposit movements in the Greek banking system were positive
3%