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Covid recession bumped pension spending to 18 pct of GDP in 2020
EconomyTotal age-related expenditure amounted to 26.4 percent of gross domestic product last year... in total factor productivity – a residual in growth accounting that usually attributed... the country will use EU recovery funds. Between 1974 and 2019, the average annual growth rate in total
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Building permits decrease by 3.2 pct in February
EconomyMacroeconomy. The total number of permits came to 1,581. The corresponding surface area increased by 16.4 percent... rose by 1.4 percent. Total permits in the aggregate period stood at 3,040. Surface area increased by 11... in 2005, but have not yet come close to this high. Total permits for 2020 came to roughly 80 percent
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Newsletter 296 - 14/05/2021
for the first three months of the year showed that the trade deficit fell by 9.8 percent, bringing the total... Authority (ELSTAT) data showed. The total number of permits came to 1,581. The corresponding surface... of the year, building permits rose by 1.4 percent. Total permits in the aggregate period stood
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Car sales more than treble in April from depressed level last year
EconomyMacroeconomy. In April 2020, the year-on-year change showed a plunge of 85 percent, leaving last month’s total number of 23,128 new vehicles still 5.4 percent lower than April 2019’s total. Car sales in April came to 18,352 compared to 4,031 in April last year, an increase of 355 percent. Out of the total, passenger
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Govt on alert for possible fallout from tapering of pandemic relief measures
PoliticsGreek Politicsobligations. The repayment period will reportedly stretch up to 72 months. In total, more than 40 billion... and business deposits by 10 billion, a total of 22.5 billion. This is a 14 pct rise since January 2020... added to the total in 2020 and another 2.3 billion euros in the first quarter of this year
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Newsletter 298 - 28/05/2021
up to 72 months. In total, more than 40 billion euros of Greece’s own resources as well as European... euros. The total NPE stock came to 21.3 billion euros. Impairment losses on loans stood at 390.6 million... of 4.8 percent. Total employment was 3.71 million people. ELSTAT noted that they were considering
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General govt primary cash deficit at 6.66 bln in April; arrears fall
EconomyMacroeconomy) with a fall of 281 million euros from a year earlier, bringing the total for the month to a deficit.... Outstanding tax refunds decreased by 72 million euros. At 35.3 percent of the total, hospitals... billion euros to make up 10.6 percent of the total. T-bills rose by 400 million to 12.1 billion
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Greece raises another 2.5 bln with reopening of sought-after 10-yr bond
Economysentiment in the Greek sovereign debt market by issuing a total of 11.5 billion euros in the first half... euros, bringing the total size of the issue to 6 billion euros, the largest single security... by mid-day with total offers that exceeded 30 billion euros, a 12x oversubscription that is the largest
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Building permits jump by 42.9 pct in March, from year-earlier start to lockdown
EconomyMacroeconomy. The total number of permits came to 1,913. The increase from last year was when the country began its... of the year, building permits rose by 14.7 percent. Total permits in the aggregate period stood at 4,974... peaked at 95,730 permits in 2005, but have not yet come close to this high. Total permits for 2020
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Car sales increase by 57.2 percent in May
EconomyMacroeconomy. In May 2020, the year-on-year change showed a drop of 44.2 percent, leaving last month’s total number of 24,298 new vehicles still 14 percent lower than May 2019’s total. Car sales in May came to 18,423 compared to 11,723 in May last year, an increase of 57.2 percent. Out of the total, passenger car
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