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  1. Economic sentiment rises above 111 pts in July but consumer confidence drops further
    Photo by MacroPolis

    EconomyMacroeconomy

    the pandemic and the first lockdown started to manifest itself last April, however the ESI is now just 2... in June. Consumer confidence is now roughly 2 points higher compared to July last year when it stood... points. The services index dropped by nearly 2 points to 25.4, after a sharp improvement by 14.4

    8%

  2. Newsletter 313 - 22/10/2021

    Newsletters

    in the region of 2 pct of GDP up to 2060. The Finance Ministry was also kept busy this week in the push... decade growth will be 2 pct, with Greece needing more than 3 pct to converge towards the eurozone.... During the summer, the government announced a minimum wage increase of 2 pct, taking the basic salary

    8%

  3. PBO sees normality returning, but inflation will have multifaceted effects

    EconomyMacroeconomy

    by 10 pct, stemming from the withdrawal of support measures; and an increase of public spending by 2... growth of 2 pct. The 2 pct rise in handout spend will push up GDP growth by a negligible effect

    8%

  4. Newsletter 388 - 07/07/2023

    Newsletters

    , and an increase in public spending by 2 pct due to improved budget performance that will generate... to a more moderate growth of 2 pct. The 2 pct rise in handout spending will push up GDP growth

    8%

  5. Newsletter 503 - 08/05/2026

    Newsletters

    , the growth forecast is now lower at 2 pct, down from 2.4 pct in the previous estimate, while inflation... moderately at 1.5 pct, compared with 2 pct last year. The PMI data for April capture the scale... growth in the region of 2 pct, with the latest WEO two weeks ago estimating 1.8 pct for this year

    8%

  6. Iran war begins to bite as costs rise and confidence falls

    EconomyMacroeconomy

    forecast is now lower at 2 pct, down from 2.4 pct in the previous estimate, while inflation is seen... at 1.5 pct, compared with 2 pct last year. The PMI data for April capture the scale of the challenge... in the region of 2 pct, with the latest WEO two weeks ago estimating 1.8 pct for this year. It is hard

    8%

  7. General gov't primary surplus shrinks to 419 mln in January

    EconomyMacroeconomy

    million) with the outstanding amount at 708 million making up 19 percent of total arrears. Social... remaining by far the largest contributor (48 percent) to total arrears. Tax refunds fell MoM by 107... of total). The other subsectors showed slower changes with state budget arrears down 22 million MoM to 135

    8%

  8. General gov't primary surplus halves in Q1, arrears and guarantees jump

    EconomyMacroeconomy

    and reached 2.01 billion in March making up 45 of total arrears. Hospital arrears are following suit at 903 million, the highest reading since October, corresponding to 20 percent of total. Tax refund arrears amounted to 688 million (15 percent of total), while the arrears of other three gg bodies

    8%

  9. General gov't cash primary surplus to May halves, arrears keep rising

    EconomyMacroeconomy

    in May make up 44.3 percent of total. Since last December they jumped by 416 million or which 74... percent of total arrears. Despite a rise by 42 million in May, tax arrears have slightly dropped by 21 million year to date to 734 million making up 14.6 percent of total arrears. State budget arrears

    8%

  10. General gov't primary cash surplus shrinks in first half of 2015 as state arrears grow

    EconomyMacroeconomy

    and 573 million YtD to 2.34 billion in June. This corresponds to around 44 percent of total arrears... to 1.11 billion making up around 21 percent of total. State budget arrears reached 601 million in the first half, accosting for more than 11 percent of total, while their YtD increase was the third

    8%