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Car sales rise by 3 pct in September and drop by 26.7 pct in first 9 months
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time rose by 3 percent in September compared to a drop of by 23.6 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Friday. In September 2019, the year-on-year change showe...
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Travel balance to July soars by 19 pct, reaching almost 9 bln
EconomyMacroeconomyGreece’s travel balance recorded a surplus of 3.88 billion euros in July, from 2.73 billion euros in June, according to Bank of Greece (BoG) data released on Thursday. July’s balance was roughly 14 percent higher than the 3.41 billion euros registered i...
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Current account balance continues to deteriorate as deficit up to May exceeds 9 bln
EconomyMacroeconomyGreece’s current account recorded a deficit of 2.35 billion in May, from 2.69 billion euros in April, Bank of Greece (BoG) data showed on Monday. In May 2023, the balance showed a deficit of 1.63 billion euros. The Bank of Greece notes that this is main...
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Inflation broadly stable at 2 pct YoY in Oct, rents up by almost 9 pct
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) was broadly stable in October with a rise of 2 percent year-on-year (YoY), from 1.9 percent in the previous month, according to the data released on Monday by the Hellenic Statistical Authority (ELSTAT). The average C...
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Revenues at 4.77 bln in Oct, beating target for fourth straight month
Economyboth in October and in the 10 months. The most affected are consumption taxes (down 23.7 percent in October and 11.1 percent to October) with the drop in VAT just shy of 10 percent for both periods. Primary expenditure marginally eased 0.4 percent in October with the 10 months figure retreating 6.7
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Newsletter 212 -28/06/2019
, drop the introductory income tax rate from 22 to 9 percent for those earning less than 10,000... down dividend tax from 10 to 5 percent, scrap the trade tax within two years, gradually withdraw..., KKE 16, MeRA25 11, Golden Dawn 10 and Greek Solution 10. A Metron Analysis poll published in Sunday’s
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Greece falls to 79 out of 190 economies in ease of doing business ranking
EconomyFeaturesacross 10 sub indicators. Out of these, Greece scored worst for registering a property at number 156... to register a property in Greece has not dropped below 10 since 2005. Between 2005 until the latest survey... for 10 years. Getting credit The country ranked 119 for securing credit for a business with a score
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Newsletter 278 -14/12/2020
by the pandemic. A report in Kathimerini citing Finance Ministry data suggested that eight in 10 companies... contracting by 10 pct this year, broadly in line with the Finance Ministry’s estimates included... not exceed 9 pct and a more severe one that sees a stronger and longer impact of the pandemic, where
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Newsletter 364 - 23/12/2022
, for which 650 million euros, has been budgeted will see up to 10 pct of each eligible family’s monthly..., with an inflation-linked adjustment of 10 percent bringing it to 880 euros. The inflation adjustment would also be applied to public sector pay, translating to an automatic 10 percent increase, while
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Grassroots protests highlight public discontent with development policies
PoliticsGreek Politicsfor SYRIZA and 9 pct for PASOK-KINAL. The Communist Party KKE gets 6 pct, followed by ex-Golden Dawn MP Ilias Kasidiaris’s Greeks with 4 pct, alongside Greek Solution and MeRA25. Around six in 10... of living, low wages and poor working conditions and poor healthcare. Seven in 10 are not satisfied
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