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  1. Disposable income edges down 0.1 pct in Q1
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of 32.6 percent over the last seven years on the back of a notable increase in the jobless rate coupled... for the eleventh straight quarter at -3.51 billion. In addition, the household saving rate (defined as gross

    5%

  2. New overdue tax obligations reach 727 mln in June, total at 95.6 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . Around 15 percent of this amount relates to VAT, the collectability rate of which improved to 91.3... percent in Q2. The revenue collection rate from tax audits on large corporates jumped substantially

    5%

  3. Car sales increase by 28.3 pct in July
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    of 18.3 percent, coming to 99,588. Passenger cars posted a higher growth rate of 18.7 percent to 83,854. In 2016, road motor cars rose by 11 percent, decelerating from the 13.5 percent growth rate

    5%

  4. PMI climbs to 52.2 in Aug, highest for nine years
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyMacroeconomy

    both domestic and foreign clients which led to firms hiring at the highest rate since January 2000... at the sharpest rate in 40 months. This round of growth is supported by a solid rise in new business

    5%

  5. Greek banks meet NPE reduction targets in Q2, write-offs remain primary source of reduction
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    on the asset quality trends in Q2, BoG noted that the quarterly default rate remains over 2 percent and still exceeds the cure rate, with write-offs being the main tool for NPE reduction. Write-offs

    5%

  6. Car sales rise by 31.3 pct in August
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . Passenger cars posted a higher growth rate of 20.3 percent to come to 92,617. In 2016, road motor cars rose by 11 percent, decelerating from the 13.5 percent growth rate recorded in 2015 and stood

    5%

  7. Building activity rises by 9 pct in June, permits above 1,000 for fourth month

    EconomyMacroeconomy

    Building permits rose by 9 percent in June compared to 45.7 percent in May, Hellenic Statistical Authority (ELSTAT) data released on Tuesday showed. The headline rate means that building permit... or negative growth rate. For the six-month period from January through to June 2017, permits issued

    5%

  8. Industrial turnover up by 8.6 pct in July, positive for eighth month

    EconomyMacroeconomy

    rate of growth for the year so far. Double-digit rises over the preceding months this year pushed... lower rate of 7.5 percent. All five main industrial groupings recorded growth in July. The strongest

    5%

  9. Foreign arrivals push travel surplus up by 6.6 pct in July, average expenditure falls
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    that arrivals from Germany and France increased at a rate of 13.9 percent and 4.4 percent, respectively. Arrivals from the UK increased at a sharper rate by 24.3 percent. Arrivals from Russia increased

    5%

  10. Newsletter 132

    Newsletters

    the threshold for submitting VAT declarations to 25,000 euros and to introduce an initial tax rate of 9... reading in a row, although it represents the lowest rate of growth for the year so far. Double-digit

    5%