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Draft budget for 2026 sees growth accelerating to 2.4 pct, tax collections remaining strong
EconomyMacroeconomygrowth is estimated to pick up pace to 4.5 pct and imports will also grow by 4.6 pct. Nominal GDP... tax will have a minor drop to 15.76 billion euros and corporate taxation will rise to 8.66 billion... pct of GDP. The stock of debt will continue to drop, seen next year at 359 billion euros at general
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Building activity starts 2026 strongly with 15.4 pct YoY rise in Jan
EconomyMacroeconomyBuilding activity picked up pace in January, with a rise of 15.4 percent year-on-year, after..., while Western Macedonia recorded the largest drop of 8.7 percent. In absolute terms, the highest... volume was also down by 3 percent. The largest regional drop is in central Macedonia with 11.5 percent
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Electricity main driver for industrial production rise of 2.1% YoY in April
EconomyMacroeconomyrecorded a drop of 3.5 percent, after a rise of 1.1 percent in the previous month. The annual movement..., and only 0.1 percent in water supply, partially offset by drop of 2.8 percent in mining... in manufacturing and 2 percent in water supply, added to a 0.5 percent drop in mining. According to the European
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Words will always hurt
Agora. Instead, they were dismissed as loose words, allowed to drop to the floor to be swept up... by those who make up the centre-right European People’s Party, such as Silvo Berlusconi and his PdL... for this? Where do we draw the line? The thoughtless use of such loaded words simply chops up our
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Almost all services in Greece saw decline in Q3
EconomyMacroeconomyin the third quarter (Q3) of 2014 with 12 out of the 14 service activities recording a drop, according... architectural and engineering activities turnover (up 16.6 percent), information service activities (up 6.5 percent) and employment activities (up 2.2 percent). Over the past four years, the services sectors
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Accommodation and food services turnover jumps 22.2 pct in Q4 2014
EconomyMacroeconomypercent in 2013. This positive performance follows a drop of 7.4 – 17.2 percent in the preceding... to surging international tourist arrivals, up 23 percent to 22 million. However, strong volumes were... in arrivals was recorded from French (up 27 percent) and US (up 26.9 percent) tourists. UK tourists
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Newsletter 99 - 09/12/2016
repayment profile, with the average maturity extended from 28 to 32.5 years, a waiver of the step-up... and a drop in the average length of stay. New overdue taxes rose by 1.4 billion in October after a rise... in the 10 month period up to October, up by 13.1 percent from the 10.38 billion figure
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This is where the last few days have left Greece and lenders
Agoralong-held positions and that the coalition has signed up to even higher primary surplus targets. Quite... of comprehension, has been swept up in the spin storm created by the government and the main opposition... will drop to from its current 8,636 euros, nor by how much existing pensions will have to be reduced
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Newsletter 126 - 07/07/2017
. Another upgrade, after Moody’s moved Greece up a notch from ‘Caa3’ to ‘Caa2’ on June 23, could be seen... of the month. There is concern though that a rushed return may undermine future issues in the build-up... Democracy has asked for parliamentary inquiries to be set up to investigate Defence Minister Panos
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Fitch upgrades Greek rating to 'BB-', three notches from investment grade
Economyfiscal measures up to 2020 and the reduced political risk. More specifically, the measures for debt... covered up to mid-2020. Fitch estimates that Greece is fully funded until 2022, which is a significant... surpluses of 2.7 percent on average up to 2030. On the assumption of nominal GDP growth of 3.4 percent
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