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Fiscal obligations set out in sMoU, discussion on speeding up tax measures due in May
EconomyProgramme) either for potential revisions of the fiscal data by Eurostat in April 2018, arrears clearance
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Industrial production grows by 0.5 pct in October, slowest rate for 2017
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) increased by 0.5 percent in October after September’s figure was upwardly revised to 3.2 percent, Hellenic Statistical Authority (ELSTAT) data revealed on Monday. In the year so far, the IPI has remained steadily in positive territory, although the latest
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New overdue tax obligations up by 1.18 bln in October, total at 99.75 bln
EconomyMacroeconomyGreece’s new tax debt rose by 1.18 billion euros in October, picking up pace from September’s rise of 706 million, the Independent Authority of Public Revenues’ (IAPR) data has revealed. New unpaid obligations from tax categories rose by 1.15 billion, increasing from 662 million euros in September
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Net job hirings balance for November turns negative by 39,221
EconomyMacroeconomyThe employment balance was negative in November for a second straight month as hirings fell short of departures by 39,221, data from the Labour Ministry’s Ergani information system revealed on Tuesday. The month’s figure is the fourth negative balance for the year and reflects the continued impact
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ECB survey shows enduring preference for cash payments in Greece
EconomyFeatures” looked into cash transactions in all 19 euro-denominated countries, based on data from 2016 covering
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Primary cash surplus at 2.33 bln in Nov as expenditure rises, PIB deficit widens
EconomyMacroeconomyGreece’s central government primary cash balance came to a surplus of 2.33 billion euros in the year-to-date up to November, compared to a surplus of 3.58 billion euros for the same time last year, Bank of Greece (BoG) data revealed on Monday. The BoG notes that this year’s figure includes arrears
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Budget passed but coalition handouts draw attention
PoliticsGreek Politicsthe budget as the last of the memorandum era and highlighted positive macroeconomic data as well
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Industrial turnover grows by 11.1 pct in October, reversing decline of previous month
EconomyMacroeconomyGreece’s industrial turnover grew by 11.1 percent in October after falling by 0.8 percent in September, according to Hellenic Statistical Authority (ELSTAT) data published on Wednesday. The headline figure is the first double-digit growth since May this year and reverses the negative reading
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Internet usage high but unexploited by Greek enterprises
EconomyFeaturesthat is highly underexploited by Greek businesses according to the data collected by ELSTAT. Out of the total
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Travel balance up by 18.2 pct in October on increased foreign arrivals
EconomyMacroeconomyGreece’s travel receipts increased by 14.2 percent year-on-year in October, compared to a rise of 15.5 percent noted in September, Bank of Greece (BoG) data revealed on Friday. Receipts came to 1.17 billion euros for the month, while payments fell by 4.9 percent to 171.8 million. The result
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