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  1. Industrial production up by 2.3 pct in Feb
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) grew year-on-year (YoY) by 2.3 percent in February... of the year showed that the IPI rose by 3.2 percent. The figure was driven by a 10.1 percent rise... by 1.1 points month-on-month to stand and -2.3. Year-on-year, industry confidence has improved by 1

    1%

  2. IMF sees Greece on course to meet fiscal targets and reduce debt

    EconomyProgramme

    . Following three successive years of Greece running an overall fiscal surplus, this year it sees... surplus is seen at 1.8 percent of GDP this year, gradually dropping as the output gap closes. The Fund... percent of GDP in 2023 and 2024. The cyclically-adjusted primary balance this year is estimated

    1%

  3. Detailed SME study shows crisis impact and business evolution
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyFeatures

    in 2017 compared to the previous year. This represents an increase of 2.7 percent year-on-year... by ELSTAT showed that the highest overall number of bankruptcies was recorded in 1998, the year in which the series began. A total of 921 bankruptcies were noted in this year. This was followed by 886 in 1999

    1%

  4. New overdue taxes rise by 1.37 bln in Feb, total reaches 104.4 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    two months of the year showed that new tax debt totalled 2.15 billion, higher than the figure for the same period last year by 54.5 percent. In January, the total came to 776 million euros. New unpaid... in January. For the first two months of the year, the income tax collectability rate stood at 38 percent

    1%

  5. Greek elections: Just the (decisive) details to be settled
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    by unveiling a package of tax reductions (focussed on VAT this year), lump-sum payments... less than 500 euros a month will receive the full amount. Also, the VAT changes this year will see food... year (e.g. 11 percent increase in minimum wage and rent subsidy programme) seem to have had limited

    1%

  6. Industrial turnover drops by 6.7 pct in March
    Image via www.viohalco.com

    EconomyMacroeconomy

    Greece’s industrial turnover fell by 6.7 percent year-on-year (YoY) in March compared to an upward... and pharmaceutical preparations with an increase of 18.6 percent. The three largest year-on-year declines... by 1.4 points month-on-month to stand and -0.9, the best reading since September 2018. Year-on-year

    1%

  7. April hirings balance positive by 110,895, aggregate balance highest on record
    Photo by MacroPolis

    EconomyMacroeconomy

    consecutive positive balance for the year so far. Compared to the same month last year, there were... months of the year was the highest on record since 2001. The respective balance for the same period last year was 155,826 meaning that in the aggregate period this year, 3,949 more jobs were created

    1%

  8. Regling underlines concerns about fiscal target after voter-friendly measures

    EconomyProgramme

    year, all the countries that had turned to the ESM, and its predecessor the EFSF, for support have... successive year, on top of the strong performance in tax collections. Fiscal target The report points out... that was scheduled for this year have reduced the fiscal space and the scope for more growth

    1%

  9. Turnover in services sector improves slightly in Q1 2019
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , Hellenic Statistical Authority (ELSTAT) figures showed on Friday. Specifically, year-on-year... seen in Q4. The three largest year-on-year rises were were noted in employment activities (+21.2... points in April. Year-on-year, the service confidence indicator has fallen by 17.8 points.

    1%

  10. Industrial turnover rises by 13.4 pct in April
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s industrial turnover rose by 13.4 percent year-on-year (YoY) in April compared... preparations with an increase of 36.5 percent. The three largest year-on-year declines... September 2018. Year-on-year, industry confidence has improved by 0.8 points.

    1%