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Construction slides again in May with fall of 8.7 pct YoY in building permits
EconomyMacroeconomyStatistical Authority (ELSTAT) data released on Wednesday. The total number of permits came to 1,339, going... five months of the year, building permits are up by 16.1 percent. Total permits in the aggregate period
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Primary cash deficit at 8.10 bln in July
EconomyMacroeconomybillion euros to 22.28 billion euros against last year’s total of 25.87 billion. Expenditure for July rose... months showed a rise of 2.55 billion euros, bringing the total to 32.42 billion euros. The Public
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Greece's post-lockdown hubris
Agoraoutlets. A total of 20 million euros was spent on Covid-19 awareness campaigns to promote the “stay...-lockdown Greece is the almost total absence of visual cues reminding the public of health risks
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Receipt losses near 5 bln in first six months as June tourism figures disappoint
EconomyMacroeconomyarrivals. In total, arrivals from the EU 27 countries fell by 92.3 percent YoY to 183,400. Those from... the EU showed a decrease of 74.7 percent to 1 million. In total, arrivals showed a drop of 76.9 percent
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Trouble from Turkey prompts plans for extra defence spending after years of cuts
PoliticsGreek Politicsand equipment in the coming months, while total extra spending on defence could reach 10 billion euros over... the improvements so the 84 aircraft can join the Viper class is due to last until 2027 at a total cost
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Unemployment rises to 18.3 pct in June
EconomyMacroeconomyby 174,217 (-4.4 percent). Total employment stood at 3.74 million people. ELSTAT noted that in light... the previous month, and increased by 108,669 persons when compared with June 2019 (+3.4 percent). The total
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Employment balance positive by 4,342 in August, aggregate shows 169,239 fewer jobs created
EconomyMacroeconomy1,231 more people hired than fired. Total hirings came to 160,583 versus 156,241 departures. Around.... On an aggregate basis, full-time employment came to 50.6 percent of the total, compared to 39.8 percent for part
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VAT gap of 30.1 pct in 2018 keeps Greece among worst performers in EU
EconomyFeaturesThe European Commission's VAT Gap report has revealed that the European Union lost an estimated 140 billion euros in Value-Added Tax (VAT) revenues in 2018, equal to a total revenue loss of 11... VAT Total Tax Liability (VTTL). The VAT gap is caused by fraud and tax evasion, corporate insolvency
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Loans under credit servicing firms edges down by 0.4 pct QoQ to 30.90 bln in Q2
EconomyBanking) and sole proprietors (18 percent). A breakdown revealed that in Q2, the total for loans serviced..., which was a significant transaction in terms of value. Out of the total, corporate loans came to 8.99
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Covid-19 puts pressure on health system, forces govt into more restrictions
PoliticsGreek Politicsare running out. He said that a total of around 200 people can be cared for in intensive care... by the beginning of September, and has now shot up to 67. It is worth noting that Attica has a total of 72 ICU
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