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Household expenditure edges up again in 2018, still well below pre-crisis level
Societyaccounted for 20.2 percent of total expenditure, housing (14.1 percent) and transport (13 percent... percent of the average monthly expenditure of total households. In contrast, the average monthly... by the poorest 20 percent of the population equalled 33.9 percent of total household expenditure, while
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Newsletter 222 -04/10/2019
still stood at 45.4 percent of total loans, down from 47.2 percent. Meanwhile, the effects from... for such hotels. For 2019, total losses to Greek hotels stemming from the collapse of Thomas Cook were estimated at 315 million euros. Out of the total, 138.2 million euros relate to pre-collapse amounts, and 52
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Unemployment edges down to 16.9 pct, below 17 pct for first time since 2011
EconomyMacroeconomy. Year-on-year, the figure for those employed increased by 59,599 or a rise of 1.5 percent. Total... percent). The total inactive population now stands at 3.22 million. The unemployment rate among women... month last year, the hirings balance was 3,905 lower this September. Total hirings came to 308,121
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IMF revises fiscal outlook, sees lower primary surpluses in coming years
EconomyMacroeconomya small surplus over the next three years before a total deficit of 0.5 percent in 2023 and 2024. The IMF..., while it expects to run a total surplus of 0.1 percent next year. In cyclical terms, Greece continues to run a total surplus of 1.7 percent this year and 0.1 percent in 2020, before turning to a deficit
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Govt proposes property VAT reduction to kickstart home sales
EconomyFeaturesslow. In the first seven months of this year, building permits rose by 4.5 percent. Total permits..., when the total came to 414.7 million euros. For the first half of 2019, the net amount... to the third quarter of 2019, a total of 5,302 individual residence permits were granted via
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Budget for 2020 eyes faster growth while balancing tax cuts with more revenues
EconomyMacroeconomy, with taxes making up 52.17 billion euros of the total. Taxes on goods and services will be higher... administration total 1.18 billion euros, with the lion’s share coming from lower taxes for corporations... by introducing 1.86 billion euros of total offsetting measures, driven by anticipated 557 million euros
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Government opts for modest tax relief, but who will benefit?
EconomyFeaturesjust starting out who will be taxed at a lower introductory rate. The total cost of adjusting... to roughly 40 percent of total declared incomes. Business Also included in the tax package is a reduction... percent in 2021. Tax on dividends has been halved from 10 percent to 5 percent, at a total cost of 75
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Unemployment edges down to 16.8 pct in September
EconomyMacroeconomyby 61,895 or a rise of 1.6 percent. Total employment reached 3.91 million people. ELSTAT’s data... with September 2018 (-0.2 percent). The total inactive population now stands at 3.22 million. The unemployment... to the same month last year, there were 2,690 fewer people fired than hired. Total hirings came
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Unemployment drops to 16.4 pct in Q3
EconomyMacroeconomy2011. This was combined with a QoQ rise of around 15,500 in those employed, bringing the total to 3.97... to 572,000. Out of the total, long-term unemployed constitute 73.6 percent in Q3. The latest quarter’s... percent of total), agriculture, forestry and fishing (11.3 percent), accommodation and food service
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Current account lands on deficit of 673.4 mln in October, aggregate at deficit of 697.4 mln
EconomyMacroeconomyYoY. Total exports in October came to 2.77 billion euros, from 3.02 billion last year, a drop exceeding 8 percent. At the same time, total imports reached 4.82 billion euros, from 5.43 billion euros... billion, from 18.97 billion in the ten months of last year. Total exports rose to 27.04 billion, from
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