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  1. Sudden spurt for Greek exports, which rose by 11.3 pct in June

    EconomyMacroeconomy

    The rate of change in Greece’s exports turned positive showing an increase of 11.3 percent in June following a drop of 7.5 percent in May, according to the flash estimates released by Hellenic... a 3.7 percent increase in May. The June rate was the fourth positive YoY reading in the first half

    5%
  2. Greek PMI up to 50.1 in August, employment and profitability still falling

    EconomyMacroeconomy

    month at a rate broadly unchanged from the previous period. In addition, backlogs of work fell again... after a slight decrease in July. The rate of rise in purchasing activity was the fastest in the past

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  3. Car sales up by 20.8 pct in August but rise continues to slow

    EconomyMacroeconomy

    The rate of increase in the number of road motor vehicles going into circulation for the first time slowed for the second consecutive month to 20.8 percent in August from 25.9 percent in July... in August and 28.4 percent in the 8-month period. The growth rate posted in the prefecture of Attica

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  4. Industrial turnover up 0.4 pct in July for rare second straight month of growth

    EconomyMacroeconomy

    the beginning of 2013. In addition, the July rate indicates two consecutive positive monthly readings... rate (+2.3 percent). In contrast, capital goods and consumer durables recorded the highest decline

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  5. Sudden jump in unpaid taxes last month takes total to almost 70 bln

    EconomyMacroeconomy

    The rate of increase in Greece’s unpaid taxes significantly accelerated to 1.42 billion in August from around 1 billion in the preceding two months, according to data provided by the General... year, the target has been set at 25 percent, with the year to date rate at just over half the target

    5%
  6. Primary surplus inches up to 2.9 pct in Greece's 2015 draft budget
    Photo by MacroPolis

    Economy

    rate of 13 percent for another year c) Reduction in the excise tax on heating oil by 30 percent d...) as well as Prime Minister Antonis Samaras’s announcement for a reduction in the corporate tax rate

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  7. Greek disposable income continues its slide in Q2, reached 29 pct during crisis

    EconomyMacroeconomy

    Greek household disposable income fell by 4.3 percent year on year (YoY) in the second quarter (Q2) of 2014 to 30.8 billion, according to the Hellenic Statistical Authority (ELSTAT). Q2 rate of drop... billion in Q2 from -1.04 billion last year. A similar trend was also displayed in the savings rate

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  8. In survival bid, coalition seeks to ease taxpayer burden, secure early bailout exit
    Photo by MacroPolis

    PoliticsGreek Politics

    on surcharges. The annual interest rate for the debt is set at 4.56 percent from more than 8 percent... well above 15 billion. The legislation tabled by the coalition also maintains the VAT rate

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  9. Newsletter 1 31/10/2014

    Newsletters

    . Credit contracts at 3.5 pct in Sept The rate of Greek credit contraction remained at 3.5 percent... economy. While speculation about the failure rate of Greek banks was ripe mainly among non-Greece based

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  10. August trade deficit shrinks by 29.5 pct as imports fall faster than exports

    EconomyMacroeconomy

    Greece’s trade deficit narrowed by 29.5 percent in August, after soaring by a similar rate in July, according to the Hellenic Statistical Authority (ELSTAT). The absolute figure showed the trade...-single digit rate (+5.2 percent) to 13.54 billion euros, decelerating from the 11.3 percent increase

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