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Greece on track for bumper tourism year, figures show
EconomyFeaturesup to June of this year further boosted the outlook for a strong tourism season. They showed... airports up to June came to 211,591, a rise of 7.8 percent YoY. During the month of June itself, airport... sector for employment was also reflected in employment figures for June from Ergani. The latest bulletin
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Eurosystem funding down by 3.29 bln to 13.02 bln in July
EconomyMacroeconomy(BoG) monthly financial statement has revealed. In June, the MoM figure had declined at a sharper... billion euros for the month compared to June’s total of 16.31 billion, under the 20-billion mark..., along with improved market access. Since a peak of 126.57 billion in June 2015, Eurosystem funding
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Budget primary surplus confirmed at 2.05 bln in July on lower PIB expenditure
EconomyMacroeconomyin June. Revenues Monthly gross revenues edged up by 0.7 percent year-on-year (YoY) to 5.32 billion, up from June’s figure of 3.43 billion. On an aggregate basis, gross revenues came to 28.15 billion euros... was confirmed at 3.72 billion for the month of July, higher than the figure of 3.85 billion in June
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Newsletter 173 -07/09/2018
by 0.2 percent quarter-on-quarter in the second quarter of 2018. Unemployment at 19.1 pct in June... seasonally adjusted (SA) unemployment rate fell to 19.1 percent in June from a downward revised rate... to improve. In June, there were 12,624 fewer unemployed compared to May, a fall of 1.4 percent. Against
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Payment plans for overdue debts launched as Athens looks for revenue boost
EconomyProgrammeCommission due to publish its third enhanced surveillance report on June 5. The next Eurogroup is due on June 13, providing an opportunity for eurozone finance ministers and the heads of the institutions... at the June Eurogroup and might be delayed until the following month. Either way, the government
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Retail turnover falls by 2 pct in Apr, volume declines by 2.7 pct
EconomyMacroeconomyindicators for June published by the European Commission showed that consumer confidence improved by 1.7 points month-on-month and came to -27.8 in June, marking the best reading since January this year when the reading came to -28.3 points. Compared to June 2018, consumer confidence has shown a strong
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Industrial production falls by 1.2 pct in May
EconomyMacroeconomypoints in June from 54.2 points in May. June’s reading signals the lowest reading since November 2017. The main impact on the headline figure came from a slower rise in new orders in June, which... impression in June was positive, with manufacturers remaining optimistic about the coming months.
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Unemployment falls to 17.6 pct in April, dipping under 18 pct for first time since Jul 2011
EconomyMacroeconomyof joblessness at 20.5 percent. The latest available data from the Labour Ministry’s Ergani database for June showed that there were 31,407 more hirings than departures during the month. Compared to June 2018... departures. According to Ergani's data, June has traditionally recorded a positive hiring balance for every
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Industrial turnover drops by 2.3 pct in May
EconomyMacroeconomymanufactured goods (-12 percent). In other indicators, the PMI index for June came to 52.4 points from 54.2 points in May. After a rapid uptick in recent months, June’s reading signals the lowest reading since November 2017. The main impact on the headline figure came from a slower rise in new orders in June
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CPI remains static in July
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) remained static in July following a drop of 0.3 percent in June, figures from the Hellenic Statistical Authority (ELSTAT) showed on Thursday. June’s figure had... 2018 rose by 0.7 percent. Month-on-month, the CPI for July fell by 1.5 percent when compared to June
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