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  1. July rise of 388 mln in unpaid taxes is lowest for two years

    EconomyMacroeconomy

    of 2015 stands at 900 million, implying a 21.7 percent drop on the 2014 average of 1.15 billion... the impact from the settlement of tax arrears in up to 100 instalments, and write-offs of 321 million

    6%

  2. Athens bourse dives 10.54 pct on Monday, falling to lowest since June 2012
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Economy

    performance follows a drop by 5.7 percent last week mainly led by banks plunging 28.7 percent. The General... losses from 3.9 up to 26.5 percent. The biggest losses were posted by the four core banks, namely

    6%

  3. Revenue uptick unable to stop 7-mth primary surplus outperformance falling to 724 mln

    EconomyMacroeconomy

    the 7-month figure marginally up by 0.4 percent to 6.31 billion. However, the latter corresponds to 55.7... drop by 59.6 percent to 1.2 billion, 1.37 billion below target. As a result, the PIB balance

    6%

  4. Accommodation and food services index rises by 13.4 pct in Q2

    EconomyMacroeconomy

    a drop in the average non-resident expenditure per trip by 10 percent to 528 euros. The inbound... in the Athens International Airport posted the biggest increase, up 19.1 percent in July and 17.1

    6%

  5. Greek bank recapitalisation: The story so far and what lies ahead
    Photo by MacroPolis

    Economy

    under the adverse scenario could be covered by official financial aid of up to 25 billion euros... at the end of June 2014. The sharp drop of bank share prices in the last weeks of 2014

    6%

  6. Budget revenues rebound in August but shortfall remains at 4.2 bln

    EconomyMacroeconomy

    expenditure eased by 2 percent in August, which indicates the slowest drop since January. The absolute... by 55.1 percent in August, bringing the 8-month figure up by a modest 2.2 percent to 4.9 billion

    6%

  7. Greek household income falls almost 30 pct in 8 years, finds OECD
    Photo by MacroPolis

    Society

    Household disposable income fell by 27.5 percent per capita in Greece from 2007 to the first quarter of 2015, bucking the trend in the world’s leading industrialised nations, where the figure went up... Cooperation and Development (OECD), the biggest consecutive drop in Greece was between the first

    6%

  8. Cash primary surplus improves by 32.4 pct to 3.07 bln on revenue boost in August

    EconomyMacroeconomy

    , while excluding the extraordinary income sources from both periods we get a slightly lower drop..., with the August figure up by 6.4 percent to 4.39 billion. Interest payments increased by 53 percent to 5.1

    6%

  9. Greek 2016 draft budget contains 6.4 bln in new fiscal measures, sees recession ahead

    EconomyMacroeconomy

    , the MoF expects a recession of 2.3 percent for the whole year. This reflects a drop in private... a total of almost 4 billion in the 2-year period making up 62.4 percent of the anticipated fiscal impact

    6%

  10. Revised data shows economy shrank by higher rate of 21.4 pct from 2010 to 2014
    Photo by Harry van Versendaal

    Economy

    ranging from 0.1 percent for 2010 up to 1.5 percent, or 3 billion, for 2012. As a result of those..., while the cumulative drop in imports was 9.9 percent, higher than the March rate of 8.8 percent

    6%