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  1. Greek households continue to slash spending on goods and services

    Society

    Greek households devoted a greater portion of their monthly household spend on food, housing and education in 2015 compared to 2008, while a smaller share went on clothing and footwear and health, according to the 2015 Household Budget Survey published by the Hellenic Statistical Authority (ELSTAT

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  2. ELSTAT revises nominal 2015 GDP contraction to 1.3 pct

    EconomyMacroeconomy

    largely reflects the incorporation of the 2015 household budget survey, short-term indices for the water

    1%

  3. Arrears payments of 915 mln in Aug bring total to 1.4 bln over two months
    Photo by Damian Mac Con Uladh

    EconomyMacroeconomy

    ). In addition, extrabudgetary funds and state budget arrears of 252.1 and 205.8 million respectively

    1%

  4. Stournaras outlines conditions for strong 2017 growth, calls for debt relief measures soon
    Photo by MacroPolis

    EconomyMacroeconomy

    . Keeping with the draft budget and European Commission’s estimates, the BoG forecasts that growth

    1%

  5. ELSTAT revises 2015 primary surplus downward to 0.15 pct of GDP, slightly ups debt

    EconomyMacroeconomy

    that in the 2017 draft budget tabled on October 3, the Finance Ministry pointed to a primary surplus of 1.28

    1%

  6. First round of second review discussions concludes on Thursday

    EconomyProgramme

    sides agreed comprehensive discussions to follow on the 2017 budget and achievement of fiscal targets

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  7. Report reveals institutions’ views on labour market reforms

    EconomyProgramme

    The quarterly report of the Parliamentary Budget Office (PBO) published on Monday revealed the key points that the institutions are focussing on as part of the negotiations on labour market reforms. These are based on a background note titled “Select Labour Market reforms in Greece: Rationale

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  8. Revenues beat target for second straight month in Oct with 739 mln over-performance

    EconomyMacroeconomy

    Greek budget revenues beat their target comfortably for the second successive month in October, according to General Secretariat of Public Revenues (GSPR) figures provided by the Finance Ministry (MoF) on Thursday. Specifically, revenues (before tax refunds) stood at 5.01 billion euros in October

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  9. Eurogroup sees possibility of swift review but differences on debt relief remain
    Photo by Fosphotos

    EconomyProgramme

    at Monday’s Eurogroup, the key issues in the second review are the 2017 budget, the Medium-Term

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  10. Coalition puts on fresh face but poll sees support draining away
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    expected (2.7 percent according to the draft budget) and the government struggles to meet fiscal targets

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