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Unpaid taxes rise by 1.03 bln in May, taking total to 77.88 bln
EconomyMacroeconomymillion MoM, which is the second highest monthly rise within the year. It is also noteworthy
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Budget primary surplus at 1.51 bln end-May, revenues fall short by 978 mln
EconomyMacroeconomyand rollover of foreigner investors T-Bill holdings. The PIB was the second key contributor
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Tsipras opts for referendum, leaving many issues open
PoliticsGreek PoliticsPrime Minister Alexis Tsipras has made a surprise move by calling a referendum on the institutions’ proposals to Greece for completing its second bailout. In a brief televised address, Tsipras said that he could not accept the terms offered by lenders. He criticised the proposals and reserved
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What capital controls will mean for Greek banks, customers and the economy
Economystations particularly on Sunday evening. The second, and most critical, development, was the most
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Economic sentiment down 0.7 pts in June, consumer confidence also falls
EconomyMacroeconomyto -48. In contrast, the services confidence improved by 0.7 points to -9.4, which is the second lowest
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PMI falls to 46.9 pts in June in ten straight months of contraction
EconomyMacroeconomyGreece’s Manufacturing PMI eased by 1.1 points to 46.9 in June from 48 in May, according to Markit. The headline figure indicates the second lowest reading in the last two years, while remains below the 50-point mark implying a contraction for the tenth successive month. The survey data displayed
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Greek deposit rate almost stable, loan rate slightly up in May
EconomyMacroeconomyThe interest rate on Greek households’ new time deposits marginally slipped for the second straight month by 1 basis point (bp) to 1.81 percent in May from 1.82 percent in April, according to the Bank of Greece (BoG). In spite of the significant deposit outflows of 35.3 billion since last December
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Retail turnover fall accelerates to 3.3 pct in April
EconomyMacroeconomypercent). On a monthly basis though, retail turnover increased for the second successive month by 5.5
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Car registrations resume upward trend in August rising by 20.1 pct
EconomyMacroeconomy, according to market sources. In addition, a large number of transactions in the second quarter
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Industrial production down by 4 pct in May after three successive rises
EconomyMacroeconomyAfter rising in the preceding three months, the Greek Industrial Production Index (IPI) fell by 4 percent in May following an upward revised 1 percent growth in April, according to the Hellenic Statistical Authority (ELSTAT). The May headline figure indicates the second negative reading so far
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