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  1. General govt primary cash deficit at 5.49 bln in Aug, arrears up by 172 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    months of the year compared to a surplus of 2.78 billion in the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin. In the underlying subcategories, the biggest year-on-year (YoY) decline was noted in social security funds (SSFs) with an annual fall of 644 million

    1%

  2. Budget primary shows deficit of 7.01 bln as revenues suffer in September

    EconomyMacroeconomy

    surplus of 1.98 billion. For the same month last year, the primary deficit came to 1.57 billion euros. The budget balance in the first nine months of the year recorded a deficit of 11.27 billion euros compared to a deficit of 119 million euros seen in the aggregate period last year. For the current

    1%

  3. Unemployment at 16.8 pct in Aug as inactives rise by 2.9 pct YoY
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    on Thursday. For the same time last year, the unemployment rate came to 16.9 percent. In August, employment decreased by 18,159 people compared to July. Year-on-year, the figure for those employed... points (pps) year-on-year and came to 20.2 percent. The unemployment rate for men stood at 14.1

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  4. General govt primary cash deficit at 7.01 bln in Sept, arrears up by 113 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    months of the year compared to a surplus of 4.53 billion in the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin. In the underlying subcategories, the biggest year-on-year (YoY) decline was noted in social security funds (SSFs) with an annual fall of 1.15 billion

    1%

  5. Budget primary confirmed at deficit of 9.07 bln in October
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    tabled in Parliament last week, targets for several categories for this year have been revised..., deepening from a monthly deficit of 1.53 billion noted in September. For the same month last year, the primary surplus came to 1.27 billion euros. The budget balance in the first ten months of the year

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  6. General govt primary cash deficit of 9.07 bln in October, arrears drop by 250 mln

    EconomyMacroeconomy

    months of the year compared to a surplus of 5.64 billion in the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin. In the underlying subcategories, the biggest year-on-year (YoY) decline was noted in social security funds (SSFs) with an annual fall of 880 million

    1%

  7. PM identifies pending pensions as key problem, while row brews over media law
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    despite any progress made this year. New Democracy came to power promising to overhaul the process... since the start of the year in the number of pension applications. Concern about this issue has been... around 400 million euros by the end of the year, when the target was 160 million. According to a recent

    1%

  8. Turnover in tourism drops by 62.6 pct in Q3
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The turnover index in accommodation and food services fell by 62.6 percent year-on-year (YoY... percent. In 2019, the annual increase came to 1.3 percent for the year, lower than the average... to an decrease of 70.9 percent year-on-year (YoY). Receipts came to 825.5 million euros for the month

    1%

  9. Unemployment rate at 16.1 pct in Sept
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    on Thursday. For the same time last year, the unemployment rate came to 16.9 percent. In September, employment increased by 47,423 people compared to August. Year-on-year, the figure for those employed... million. The unemployment rate among women fell by 1 percentage point (pps) year-on-year and came

    1%

  10. BoG insists on need for bad bank, sees EU funds boosting recovery from 2021
    Photo by MacroPolis

    Economy

    on how it expects the Greek economy and banking system to develop next year. The new report includes... contracting by 10 pct this year, broadly in line with the Finance Ministry’s estimates included in the budget of 2021. The recovery will resume next year with growth of 4.2 pct in 2021 and 4.8 pct

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