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  1. Tax revenue overperformance leads budget primary surplus to 4.44 bln in 2016
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    billion better than target. Revenues Revenues (before tax refunds) edged down 1.5 percent in December... less than 500 million in the previous two months, with the full year figure edging down 1.8 percent

    4%
  2. Disposable income drops by 2.3 pct in Q3 on sharp rise in taxes
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    landed at 28.86 billion euros in Q3, down by 668 million from the previous year’s figure of 29.53... down public servants and pensioners’ income, also including the abolition of Christmas, Easter

    4%
  3. Retail sales rise at an accelerating pace of 1.8 pct in Nov
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    it is hovering close to mid-2002 level in the past few months. The SA volume index edged down 0.2 percent MoM... as it was dragged down by a sharp rise in unemployment, a notable increase in personal and property taxes

    4%
  4. Economic sentiment stays stable at 95.1 in Jan, consumer confidence dives 3.4 pts
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    indicator edged down 0.1 points to -3.2 in January after a nosedive of 6.6 points recorded in December...). On the flipside, two indicators are down in the past 12 months, namely construction confidence (-7.8 points

    4%
  5. Minor fluctuations in deposit and loan interest rates in December

    EconomyMacroeconomy

    Greek households’ new time deposit rate edged down by 1 basis point (bp) to 0.70 percent in December after a higher drop by 5 bps in November, Bank of Greece (BoG) data displayed on Thursday... households and corporates led the weighted average rate on all new deposits down by 3 bps to 0.32 percent

    4%
  6. Space and time the missing elements in Greek bailout talks
    Photo by Panayiotis Tzamaros/Fosphotos

    Agora

    of kicking the can down the road was available. The problem now is that everyone is running out... to bring the overall load, as well as Greece’s gross funding needs back down to manageable levels. Again

    4%
  7. Newsletter 106 - 10/02/2017

    Newsletters

    , the number of bank branches fell by 42.6 percent, to reach 2,343 by June 2016, down from the 4,079 in late... and mining and quarrying were up, while manufacturing and water production were down. Trade deficit

    4%
  8. Industrial turnover soars 13.5 pct in December, drops 5.1 pct in 2016

    EconomyMacroeconomy

    down 5.1 percent for the whole year. The strong rebound in December fully reflects a sharp rise... for the eurozone countries edged down 0.7 percent. Three of the five main industrial groupings posted

    4%
  9. Stable deposit rate in Jan, slight uptick in loan rate

    EconomyMacroeconomy

    between 250,000 and 1 million euros edged down 5 bps to 5.01 percent. Following the slight changes... proprietors edged down 5 bps to 7.29 percent. The combined impact of those changes resulted

    4%
  10. Q4 GDP contracts 1.2 pct QoQ, leading to recession of 0.1 pct for 2016
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent QoQ and 2 percent YoY leading final consumption expenditure down 1.1 percent QoQ and up 0.6... QoQ and by 1.6 percent YoY, while imports of services edged down 0.3 percent QoQ and grew by 8.6

    4%