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Greek Jan-Apr primary budget surplus rises above 1 bln despite revenue shortfall

Economy 23/05/2014 - 15:17

to beat targets by 310 million, yet at a slower pace compared to the previous months. The year... largely reflects the exceptionally strong PIB revenues of 1.56 billion posted in February.

20%
Newsletter 22 - 03/04/2015

Newsletters 03/04/2015 - 16:33

, ahead of their recapitalisation. The remaining amount of 310 million concerns the 90 percent of HFSF... with a strong degree of certainty. The same goes for something like cuts to auxiliary pensions, which

19%
Overdue contributions rise at accelerating pace of 615 mln in Q4, stock climbs to 17.54 bln

EconomyMacroeconomy 25/01/2017 - 10:31

The increase in unpaid social security contributions (SSCs) accelerated quarter on quarter (QoQ) to 615 million euros in the fourth quarter (Q4) of 2016, from 310 million in the previous quarter... million, largely due to a strong performance in the last quarter of the year. Overall, KEAO has collected

18%
Greeks tending to shop less often and opt for local products

Society 31/05/2017 - 14:06

conducted in 2016, consumers are showing a strong preference for products made locally. One of the main..., down from almost 310 euros per month in the previous survey conducted based on 2015 data. Around 60

16%
H1 bank results show performance stabilising, laying ground for further improvement

EconomyBanking 03/09/2019 - 14:44

Greece’s systemic banks reached the end of the first half of 2019 with relatively strong performance and the further derisking of their balance sheets as efforts continued to offload bad loans... in H1, an increase of 54 percent YoY. This was followed by NBG, where PPI rose by 26 percent to 310

16%
Clashes add to political tension over division, police violence

PoliticsGreek Politics 10/03/2021 - 10:19

, with one policeman shouting “Let’s go and kill them.” There were also reports of policemen attacking... as police clashed with some protestors. One policeman was dragged off his motorcycle and beaten. Along...” and focussing on the serious injuries suffered by the policeman. We warned against “blind rage” and said

16%
PMI rises to 54.7 in March as first quarter comes to strong end

EconomyMacroeconomy 01/04/2019 - 13:03

over the 50-mark threshold for close to two years. The latest reading marks a strong close... of growth for Greek manufacturers since October 2001. Strong output was a leading contributor to the rise... orders slowed compared to February, but remained strong. This growth was linked to greater advertising

15%
Car sales still going strong in 2014; up by 33.7 pct in October

EconomyMacroeconomy 10/11/2014 - 19:24

in October from 7,730 in September and 6,850 in October 2013. Following another strong reading... (+29.6 percent) in line with the total headline figure. All indications point to a strong double-digit... in 2014 is mainly attributed to strong tourism, which led to larger rent-a-car fleets, as well

14%
Strong resistance within SYRIZA leaves Tsipras with tough juggling act

PoliticsGreek Politics 02/03/2015 - 09:45

a strong presence on the 11-member political secretariat. Six of the seats went to the members from... is that his government and its agreement with Greece's creditors still have strong public backing... the elections, he may create a strong enough platform to fend of the dissenters within his party. Even

14%
Budget primary surplus to Sept reaches 5.45 bln on strong revenue performance

EconomyMacroeconomy 14/10/2016 - 17:21

a strong underspend (by 1.91 billion) coupled with a revenue outperformance of 1.54 billion. The Public... of the personal income tax. As we have previously noted, the strong revenue collection could... the release of final budget execution bulletin due after October 20. Following the strong performance

14%