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Turnover in tourism sector increases by 9.9 pct in Q3
EconomyMacroeconomyshowed. The Q3 rate represents the 10th successive positive reading since Q2 2013. The reported figures are not seasonally adjusted, with the rate of increase in Q3 2015 showing acceleration compared
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Wages index improves by 2.7 pct in Q3 for highest rise in almost 6 years
EconomyMacroeconomyon Wednesday. The Q3 rate represents the highest reading since Q1 2010 when the index jumped at double-digit rate for the last time by 11.6 percent. On a quarter-on-quarter (QoQ) basis, the wages
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Deflation slows to 0.7 pct in Nov
EconomyMacroeconomyThe fall in the Greek Consumer Price Index (CPI) slowed to 0.7 percent in November from 0.9 percent in October, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. The November rate..., the highest deflation rate of -2.9 percent was recorded in November 2013. The drop in the CPI
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Coalition poised to unveil pension reform proposals, hoping to avoid cuts
EconomyProgrammewill be calculated based on the years worked, the employees’ earnings and the replacement rate, which...-salary employees compared to the current rate of 70 percent, while the institutions are said
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PMI above 50 points in Dec for first time in 16 months but underlying problems remain
EconomyMacroeconomyin the completion of outstanding projects. Note, though, that the contraction rate was the lowest in almost two... at the slowest rate over the past twelve months, also reflecting lower intakes of new work. The survey also
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Addressing some misconceptions about Greek budget revenues and unpaid taxes
Agorais on track as revenue targets are usually based on a collectability rate on each specific tax due... rate of around 80 percent of the total nominal ENFIA of 3.3 billion. Thus, even if the actual revenue
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Trade deficit slips by 1.8 pct in Nov on higher drop in exports
EconomyMacroeconomy). In absolute terms, the trade deficit landed at 1.53 billion euros in November. The rate of drop... rate (-13.7 percent0, while those from EU countries declined by 0.2 percent. Stripping out the impact
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Car sales grow by 7 pct in Dec and by 13.5 pct overall in 2015
EconomyMacroeconomycompared to the 2014 figure of 102,359. Passenger cars showed a slightly higher growth rate of 9 percent... a positive growth rate in four of the monthly readings in the second half of 2015.
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Deflation drops to 0.2 pct in Dec, at 1.7 pct for 2015
EconomyMacroeconomyon average in 2015 accelerating from its 2014 drop rate of 1.3 percent and that of 0.9 percent in 2013... and the OECD latest estimates are pointing to an inflation rate between 0.5 and 1 percent in 2016.
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Amid protests, coalition ponders tweaks to pension plan
EconomyProgrammealmost triple from 6-7 percent to 20 percent, while the tax rate on their net income is due... rate for the self-employed. Farmers will also take a hit from the gradual abolition of the discount
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