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Newsletter 181 -2/11/2018
confidence slipped to its lowest level since September 2017. The main drivers for the drop
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Lenders focus on closing any fiscal gap for 2019 ahead of November 19 Eurogroup
EconomyProgrammepercent next year and for the dividend tax to drop from 15 to 10 percent. Both of these measures
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CPI up by 1.8 pct in October, highest since March 2017
EconomyMacroeconomywas interrupted early in 2018 with negative readings of -0.2 percent in January and March, with January’s drop
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Industrial production up by 2 pct in September
EconomyMacroeconomyincreased by 4.6 percent, following a sharp drop of 11.3 percent in August, which was the largest MoM
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Budget primary surplus at 6.46 bln in October on improved revenues and primary underspend
EconomyMacroeconomybulletin due on November 26. Tax refunds continued to drop YoY, falling by 31.1 percent in the aggregate
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What Greece imports and why
EconomyFeaturesin car sales, the numbers are still not close to pre-crisis levels. Meanwhile the drop in machinery
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Coalition closing in on goal of cancelling pension cuts
PoliticsGreek Politicsto lower the corporate tax rate from 29 to 28 percent next year and for the dividend tax to drop
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September current account surplus at 550.8 mln as goods deficit increases
EconomyMacroeconomyof residents’ holdings of foreign equities (-545 million euros) as well as a drop in foreign bonds and T-Bills
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Travel balance rises by 0.8 pct in September and 9.1 pct in 9M
EconomyMacroeconomyalso fell by 15.7 percent to 141,900. Finally, visitors from Russia registered a slight drop of 0.4
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Newsletter 184 -23/11/2018
expenditure per trip drop by 4.3 percent to 487.60 euros. Over the first nine months of the year, travel
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