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Budget balance up to May well above target as VAT brings in 650 mln more than planned
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 3.65 billion euros for May, compared... execution data released on Thursday. The primary balance up to May was 2.41 billion euros above... euros. Net revenues were 30.22 billion euros. The total budget balance for May showed a surplus
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Credit contracts by 1.7 pct in August, loans balance at its lowest since 2007
EconomyMacroeconomy, corporate loan balance declined by more than 1 billion month on month (MoM) to 93.82 billion on extended...-profit institutions continued heading south unabated with balance reaching 92.11 billion. Monthly... of household deductions (233 million) stemmed from the housing sector leading balance down to 65.55
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Jobs in hotels, hospitality push April hirings balance to near-record level
EconomyMacroeconomyGreece’s employment balance in April was positive by 123,079 more hires than departures, according to data from the Labour Ministry’s Ergani information system. The hiring balance in April last year.... For departures, the share for men and women was split 59-41. Women had a positive balance of 62,625 jobs
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Greek current account balance turns negative in October after four month of surpluses
EconomyMacroeconomyAfter posting a surplus in the preceding four months, Greece's current account (C/A) balance turned... to a widening of the services surplus by 199 million and the improvement in the current transfers’ balance... in the transport (sea and air) and other services balance. In contrast, the growth of travel receipts slowed
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Current account balance shows a surplus for third straight month, at 2.09 bln in August
EconomyMacroeconomyGreece's current account (C/A) balance displayed a surplus of 2.09 billion in August 2015, up... than offsetting a decline in the services’ balance by 142 million. In addition, the secondary income...’ months data, the 8-month C/A balance showed a significant YoY improvement by almost 1.5 billion
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Budget execution starts 2017 with primary balance outperformance on target-beating revenues
EconomyMacroeconomyThe budget primary balance recorded a surplus of 1.02 billion euros in the first month of 2017... Investment Budget (PIB) balance came in 58 and 41 million lower than target. In addition, the state balance also showed a surplus of 832 million euros in January, down 6.3 percent from last year
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Net job hirings at record high of 38,517 in March, lead to positive balance in Q1
EconomyMacroeconomyThe employment balance remained positive in March 2017, with net hirings climbing to 38,517 from.... All age groups recorded a positive employment balance in March, with the highest in the 30-44 years... (+3,458) and wholesale trade (+2,041). The employment balance for the first quarter turned positive
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Primary cash balance records deficit of 434 mln in first six months
EconomyMacroeconomyGreece’s central government primary cash balance turned to a deficit of 434 million euros... were paid during June. The overall cash balance also posted a deficit of 890 million compared to 526... Budget (PIB) deficit eased to 92 million in June from 101 million a year ago. The six-month PIB balance
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Primary cash balance posts deficit of 46 mln at end of July
EconomyMacroeconomyGreece’s central government primary cash balance stood at a deficit of 46 million euros... of enterprises. The overall cash balance also posted a deficit of 1.38 billion compared to 1.81... from a deficit of 378 million a year ago. The seven-month PIB balance turned to a deficit of 46
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February deposit balance positive by 59 mln, reversing previous month's outflow
EconomyMacroeconomythat a positive balance has been registered for the month of February. Overall, the outstanding balance... balance of 612.1 million. The savings balance for 2017 was the first positive year-to-date figure
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