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  1. GDP up by 2.3 pct year-on-year in Q1 on strong export growth
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    consumption represents the majority of GDP, making up 88.1 percent of the total figure in Q1... represents almost 21 percent of the total. The latest MoF budget tabled at the end of 2018 estimates

    1%

  2. Banks meet NPE targets in Q1 but mortgage reductions remain slow

    EconomyMacroeconomy

    loans (target: 50 percent) and 43.9 percent for residential loans (target: 43.2 percent). The total... at an additional amount of 4.7 billion, bringing the total amount of loan sales for the period

    1%

  3. Hirings balance hits new record high of 108,725 in May
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent of the total, compared to 38 percent for part-time work and 12.2 percent for shift work. The share of males among total hirings edged down very slightly to 55.4 percent in May from 55.5 percent

    1%

  4. Lenders set out post-MoU reform tasks ahead for Athens
    Photo by MacroPolis

    EconomyProgramme

    of this year, with a target of 30 percent of total hospital procurement done centrally by mid-2020 and 40 percent of the total by mid-2022. Furthermore, the social safety net reforms that were launched during

    1%

  5. PMI at 53.5 pts in June as Greek manufacturing sector finishes Q2 on a positive note
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    orders in both the domestic and export markets. Total new business increased for the eleventh month... and export markets increased, with total new business nearing 12 months of growth. Export orders have

    1%

  6. If rising card use in Greece meets EU average, VAT revenues would see 3.3 bln boost - study

    EconomyMacroeconomy

    between 2015-2017. Total card use penetration had a significant positive effect on tax compliance and led to at least 50 percent of total annual VAT revenues increasing in 2017. IOBE notes that if card

    1%

  7. Newsletter 172 -27/07/2018

    Newsletters

    last year. Receipts were driven by an increase of 23.6 percent in foreign arrivals, coming to a total... and wealth, along with a smaller rise in social contributions. The figures showed that employees’ total

    1%

  8. Special tax structure would benefit hotels and jobs, bank argues
    Photo by George Vitsaras/Fosphotos

    EconomyFeatures

    combined represent 46 percent of the total market share in Greece in 2017, up from 30.3 percent in 2004... a tax rate of 24 percent. For all-inclusive services, 30 percent of the total price is subject to 24

    1%

  9. Unpaid contributions rise to 33.86 bln as more legacy debtors added
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    short of 1.4 million. Most debtors, 49 percent of the total, owe less than 5,000 euros for a total

    1%

  10. GDP growth slows to 0.2 pct QoQ in Q2 due to lower investment, higher imports
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , making up 88.5 percent of the total figure in Q2, with private consumption representing 67.5 percent of the headline GDP number. Government spending represents 20.5 percent of the total. In the latest

    1%