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  1. More than half of Greek households rely mainly on pensions

    Society

    households in 2015. Last year’s figure was slightly lower than the record 52 percent recorded in 2014... this year. The survey, conducted by Marc pollsters on a representative sample of 1,000 households across... families last year, for sustenance. One in seven households said they would face serious financial

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  2. Marfin Investment Group returns to profit in 2015

    Economy

    registered an annual rise of 26 million euros, a 2.3 percent increase year on year to 1.14 billion... 2015 EBITDA from business operations nearly doubled year on year to 162.8 million euros compared... gross profit margins (reported group gross profit margin increased by around 600 basis points year

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  3. Newsletter 75 - 27/05/2016

    Newsletters

    surrounding debt relief for Greece. The fact that the discussion has been delayed again until later this year... acrimonious split like the ones he had last year when the radical wing of SYRIZA left to start up... topic in Germany ahead of next year’s elections. The Eurogroup statement ticked all of these boxes

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  4. Office prices ease 0.2 pct in 2015, retail prices drop by 3.5 pct

    EconomyMacroeconomy

    declined by 29 percent since 2010. BoG started publishing commercial property indices twice a year... showed they fell 0.5 percent in H2 2015 and overall 1.1 percent for the whole year. Since 2010... percent in H2 2015 and of 2.1 percent for the full year. In absolute terms, the Athens index fell

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  5. Credit contraction accelerates to 2 pct in May on increased loan deductions of 357 mln

    EconomyMacroeconomy

    in May, which is the second highest figure in the course of this year, and largely reflect a negative... moderate at 68 million. The year-to-date net deductions stand at 1.46 billion in the 5-month period and are similar to those recorded in the corresponding period last year. The breakdown by lending

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  6. Budget primary surplus of 2.5 bln in first half of 2016, revenues rebound in June

    EconomyMacroeconomy

    percent from the 1.88 billion recorded in the corresponding period last year, the Finance Ministry.... The state budget deficit improved by around 30 percent from last year and landed at 997 million euros... is the second highest reading in the first six months of the year. Moreover, June revenues outperformed

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  7. Newsletter 83 - 22/07/2016

    Newsletters

    of the methods used. The budget execution for the first half of the year showed primary surplus notably... 44 million, compared to a monthly average of around 450 million in the first four months of the year... in the first half of the year stood at 385.8 million, an increase of 23.7 percent

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  8. General govt primary cash surplus expands to 3.3 bln at end-June, arrears rise to 7.2 bln

    EconomyMacroeconomy

    in the first half of 2016 from just 245 million in the corresponding period last year, the Finance... from last year largely reflects a rise in taxes by 2.38 billion euros to 19.67 billion. Smaller... and 4.53 billion respectively. Expenditure grew by 653 million euros from last year mostly due to a rise

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  9. Q2 GDP rebounds 0.2 pct QoQ but shrinks 0.9 pct YoY amid consumption drop and investment rise
    Photo by MacroPolis

    EconomyMacroeconomy

    of 0.9 percent year on year (YoY) in Q2 from a revised decrease of 1 percent in Q1. Today’s figure... decelerating from the 0.3 percent drop in Q1. However, compared to the corresponding period last year... of 1 percent in Q2 from 3.2 in Q1. Compared to last year, total exports dropped by 11.4 percent

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  10. H1 exports show notable fall in many sectors but agricultural products buck trend
    Photo by MacroPolis

    Economy

    billion a year ago, according to the Export Research Centre (KEEM) of the Pan-Hellenic Exporters... of 1.3 percent to 8.9 billion in H1 from 9 billion in the corresponding period last year. KEEM has based... that the both figures for this year are the lowest readings since 2012. The breakdown shows

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