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PM presents roadmap for relaxing lockdown, highlights political messages from handling of Covid-19
PoliticsGreek Politics, such as stores. Not wearing a mask will carry a 150-euro fine. Although authorities will step up.... They employ 68,723 people, according to official figures. On May 11, larger stores will be allowed to open... before the end of the term in mid-June. Stores that reopen will have to abide by limitations
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Slight rise in deposits for March but outflows at 2.2 bln for 2014
EconomyMacroeconomyGreek private sector deposits rose 0.3 percent month on month (MoM) in March, with balances reaching 161.05 billion euros, according to the Bank of Greece (BoG). Net flow turned positive for the first time since December with inflows amounting to 501 mi...
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Greek gg primary cash surplus at 2.2 bln in 2014, arrears down to 3.75 bln
EconomyMacroeconomyThe Greek general government (gg) primary cash balance showed a surplus of 2.18 billion euros in 2014 from deficit of 884 million in 2013, according to the gg bulletin published by the Ministry of Finance (MoF) on Friday. However, the end-year figure of...
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Primary cash surplus to Oct at 4 bln, including arrears repayment of 2.2 bln
EconomyMacroeconomyGreece’s central government primary cash surplus fell by 875 million eurso to 3.97 billion in the 10-month period of 2016 from 4.84 billion a year ago, Bank of Greece (BoG) figures displayed on Thursday. This year’s figure, though, incorporates arrears’...
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Eurosystem funding drops by 2.2 bln in May, mostly on further decrease in ELA reliance
EconomyMacroeconomyGreek banks’ Eurosystem funding fell for the 23rd successive month in May, when it dropped by another 2.22 billion euros, the Bank of Greece's (BoG) monthly financial statement revealed on Thursday. In the previous month, it dropped at a slower pace of ...
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Budget execution continues to outperform in June, led by 2.2 bln in excess taxes
EconomyMacroeconomyThe budget primary balance came to a surplus of 2.12 billion euros in June, compared to a deficit of 3.43 billion euros in the same period of 2022, according to the preliminary Finance Ministry (MoF) budget execution data released on Monday. In the firs...
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Greek retail sales tumbled another 6.4 pct in September
EconomyMacroeconomyin the domestic market. The picture remains rather mixed in the various sectors with department stores still..., beverages and tobacco, clothing and footwear, retail sale not in stores and pharmaceutical products..., according to the National Confederation of Greek Commerce, with one in four stores open in the country
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Retail sales up 3.9 pct in April for first positive YoY reading since 2010
EconomyMacroeconomystores (up 37.9 percent) and retail sales not in stores (up 25 percent). The only sector that exhibited... and footwear (+14.3 percent), retail sale not in stores (+9 percent) and food-beverages-tobacco (+7.7
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Greek retail sales dive 8.5 pct in May after brief rise in April
EconomyMacroeconomy), supermarkets (-10.3 percent) and department stores (-10.2 percent). Furniture, electrical and household equipment as well as retail sale not in stores followed suit posting a decrease of 9.4 and 8.1 percent.... The highest decline in the 5-month retail turnover was recorded in department stores (-14.3 percent
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Retail turnover falls by 3.3 pct in Feb, down for fourth straight month
EconomyMacroeconomy(-9.7 percent) and department stores (-6.1 percent). On the flipside, turnover in clothing and footwear... displayed a double-digit drop MoM in clothing and footwear (-18.1 percent) and in department stores... and electoral and household equipment plummeted by 60.3 percent followed by retail sales not in stores
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