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Wages index falls 1.8 pct QoQ in Q1 2015 for the second successive quarter
EconomyMacroeconomya marginal rise of 0.3 percent year on year (YoY) from a 2.2 percent increase in Q4 2014, according... year formula, whilst previous figures were calculated according to a moving base year. 2... year from 2008 to 2012. The wages index captures the gross earnings received by employees during
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Q2 GDP rebounds by 0.9 pct QoQ on higher consumption and falling imports
EconomyMacroeconomy. The provisional data also showed the year on year (YoY) GDP growth rate accelerated to 1.6 percent in Q2... in Q2. Flash estimates had indicated a 0.7 percent QoQ drop in Q2. For the first half of the year.... For the first half of the year, household consumption rose by 2.1 percent YoY. Private consumption
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Greek stocks almost unchanged at end of roller coaster week
Economypercent to 93 million, while net profit reached 52 million from 16 million last year. In addition... million a year ago, while net profit reached 38 million from losses of 53 million in the corresponding period last year. Motor Oil posted a sharp rise in EBITDA to 183.2 million from 34.6 million
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Cash primary surplus improves by 32.4 pct to 3.07 bln on revenue boost in August
EconomyMacroeconomyin the 8-month period of 2015 from 2.32 billion in the corresponding period last year, Bank of Greece (BoG) figures displayed on Monday. However, last year’s figure incorporated one-off revenues of 1.31... of 311 million. This year’s figure includes one-off income of 556 million from the Hellenic
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Travel receipts up by a modest 3.5 pct in July in aftermath of capital controls
EconomyMacroeconomyfrom 2.77 billion last year, while travel payments dropped by 18.7 percent to 160.3 million... by 185,700 from last year. According to the breakdown of inbound tourism activity by country, the UK... year. This is entirely attributed to a double-digit growth in international tourist arrivals (up 14.2
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Disposable income slips 1.6 pct in Q2 on higher income and wealth taxes
EconomyMacroeconomybillion last year. The year on year decline mostly reflects an increase in current taxes on income... in the corresponding quarter last year. As a result, the saving rate of households (defined as gross savings divided by gross disposable income) rose to -12.2 percent in Q2 from -9 percent last year, while was kept
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Fiscal target revision shows 3.07 bln 9-month primary surplus was 1.8 bln above target
Economywith a major revision of full year – and consequently of 9-month – targets, aligning them with those... on the new targets, the year to date over-performance is attributed to lower expenditure (by 2.32... from last year, yet 1.83 billion better than the revised target. Revenues Revenues (before tax
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Business indicators rise for second successive month in October
Economythat still lead to a contraction by 12.6 points year to date. After the high volatility shown... confidence further rebounded by 4.6 points to -59.6 in October. Since the beginning of the year, consumer... with the year to date evolution still pointing to marked losses of 16.6 points. After soaring by 27.7
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Now comes the really hard part
Agorafrom 3.2 percent in early 2007 to -6.8 percent this year. You could continue to go through this roll... was transformed into an estimated recession of at least 1.3 percent of GDP for the year. Tsipras’s... euros a year. The unpopular ENFIA property tax will remain unchanged for this year despite
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Newsletter 59 - 22/01/2016
over lenders’ concerns, although 2016 would be another challenging year – particularly on the revenue... is due to speak to his party again on Sunday at an event to mark one year since SYRIZA was first... months of surpluses. The year on year (YoY) drop of 18.6 percent reflects a narrowing of the goods
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