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  1. Drop in disposable income accelerates to 3.3 percent in Q3

    EconomyMacroeconomy

    by more than 1 billion from last year. The recorded decrease largely reflects a rise in the payments... by more than 10 billion euros, corresponding to a drop of 24.5 percent. Taxes on income and wealth

    1%
  2. Amid protests, coalition ponders tweaks to pension plan
    Photo by MacroPolis

    EconomyProgramme

    agricultural production of more than 10 billion euros, less than half is declared by farmers. His

    1%
  3. Labour Ministry 2015 data shows increase in employment, marginal drop in average wage

    Economy

    employing more than 250 employees each. The bulk of firms were private sector companies, while... of employees increased by 88,666 to 1.62 million in 2015 with 53,877 individuals employed in more than

    1%
  4. EC sees resilience in Greek economy, urges additional measures in 2016 and 2017
    Photo by Sebastien Bertrand via Flickr https://flic.kr/p/7ZRenG

    Economy

    percent in 2015 and 1.3 percent in 2016. The EC noted that the recession in 2015 was less severe than initially expected, mainly on the back of stronger-than-expected private consumption and faster decline

    1%
  5. Greek private sector sees net job departures of 9,954 in Jan

    EconomyMacroeconomy

    , which were more than offset by a total of 120,444 departures. The latter reflects 65,658 lay-offs and 54,786 voluntary departures. Less than half (47 percent) of January hirings relate to full-time

    1%
  6. A closer look at 2015 revenues reveals size of hit they took
    Photo via Flickr https://flic.kr/p/nphVW

    EconomyMacroeconomy

    . The breakdown showed corporate income tax rose by 240 million euros to 2.9 billion, more than offsetting a drop... be noted that companies with annual turnover less than 1.5 million pay the VAT on a quarterly basis

    1%
  7. Current account deficit falls to 780 mln in Dec and 7.5 mln in 2015

    EconomyMacroeconomy

    more than offsetting a narrowing of the services’ surplus by 174 million. The breakdown showed... billion and to a lesser extent a rise in the primary income surplus by 166 million more than

    1%
  8. Greece, eurozone edge closer on pensions and fiscal gap but IMF keeps bar high
    Photo by MacroPolis

    EconomyProgramme

    producers with the total new tax and contribution burden standing at lower than current levels... of a symbolic, rather than material fiscal, meaning. In addition, Tsipras stressed that the government

    1%
  9. General gov't primary cash surplus climbs to 1.3 bln in Jan, arrears resume upward trend
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s general government (gg) primary cash surplus more than tripled to 1.27 billion euros in January 2016 from 381 million last year, according to the Finance Ministry (MoF) gg bulletin published... million following a similar payment to the IMF and a reduction in bonds by 232 million more than

    1%
  10. Greek stocks surge 9 pct, up for third successive week

    Economy

    released by the Hellenic Statistical Authority on Monday showed the recession was milder than... substantial gains of more than 75 percent over the past three week, they are still down almost 36

    1%