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  1. Construction slides again in May with fall of 8.7 pct YoY in building permits
    Photo by MacroPolis

    EconomyMacroeconomy

    Statistical Authority (ELSTAT) data released on Wednesday. The total number of permits came to 1,339, going... five months of the year, building permits are up by 16.1 percent. Total permits in the aggregate period

    3%

  2. Primary cash deficit at 8.10 bln in July

    EconomyMacroeconomy

    billion euros to 22.28 billion euros against last year’s total of 25.87 billion. Expenditure for July rose... months showed a rise of 2.55 billion euros, bringing the total to 32.42 billion euros. The Public

    3%

  3. Greece's post-lockdown hubris
    Photo by MacroPolis

    Agora

    outlets. A total of 20 million euros was spent on Covid-19 awareness campaigns to promote the “stay...-lockdown Greece is the almost total absence of visual cues reminding the public of health risks

    3%

  4. Receipt losses near 5 bln in first six months as June tourism figures disappoint
    Photo by MacroPolis

    EconomyMacroeconomy

    arrivals. In total, arrivals from the EU 27 countries fell by 92.3 percent YoY to 183,400. Those from... the EU showed a decrease of 74.7 percent to 1 million. In total, arrivals showed a drop of 76.9 percent

    3%

  5. Budget primary deficit of 7.46 bln confirmed for July as revenues sag
    Finance Ministry

    EconomyMacroeconomy

    budget total revenues stood at 26.68 billion euros, which is 3.74 billion euros or 12.3 percent lower... year, interest payments stood at 3.64 billion. During the first seven months of the year, total

    3%

  6. Trouble from Turkey prompts plans for extra defence spending after years of cuts
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    and equipment in the coming months, while total extra spending on defence could reach 10 billion euros over... the improvements so the 84 aircraft can join the Viper class is due to last until 2027 at a total cost

    3%

  7. Newsletter 262 -04/09/2020

    Newsletters

    in the coming months, while total extra spending on defence could reach 10 billion euros over the next 10... of 1.187 pct, and a re-offer price of 102.87 bringing the total outstanding for the issue to 5.5

    3%

  8. Unemployment rises to 18.3 pct in June
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    by 174,217 (-4.4 percent). Total employment stood at 3.74 million people. ELSTAT noted that in light... the previous month, and increased by 108,669 persons when compared with June 2019 (+3.4 percent). The total

    3%

  9. Employment balance positive by 4,342 in August, aggregate shows 169,239 fewer jobs created
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    1,231 more people hired than fired. Total hirings came to 160,583 versus 156,241 departures. Around.... On an aggregate basis, full-time employment came to 50.6 percent of the total, compared to 39.8 percent for part

    3%

  10. VAT gap of 30.1 pct in 2018 keeps Greece among worst performers in EU

    EconomyFeatures

    The European Commission's VAT Gap report has revealed that the European Union lost an estimated 140 billion euros in Value-Added Tax (VAT) revenues in 2018, equal to a total revenue loss of 11... VAT Total Tax Liability (VTTL). The VAT gap is caused by fraud and tax evasion, corporate insolvency

    3%