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Primary cash surplus expands to 3.2 bln by September incorporating arrears repayment of 2 bln
EconomyMacroeconomyInvestment Budget (PIB) balance posted a marginal deficit of 2 million in September from 606 million last
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Economic sentiment at 104.3 pts in Feb, consumer confidence falls by 2 pts
EconomyMacroeconomyconsecutive month and fell by 2 points to -53 in February compared to -51 in January. Year-on-year
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Wages index improves by 0.2 pct in Q4, up by 2 pct YoY
EconomyMacroeconomyThe seasonally adjusted (SA) Wages Index rose by 2 percent year-on-year (YoY) in the fourth quarter (Q4) of 2017, after falling by 0.7 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) figures revealed on Tuesday. The wages index captures employees’ gross earnings, which
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Privatisation projects gather pace as Athens targets 2 bln in revenue for 2018
EconomyProgrammeare expected to bring in over 2 billion euros over the next few years. DEPA In early June, Energy
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Industrial production up by 2 pct in September
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) increased year-on-year (YoY) by 2 percent in September from a downward revised 1 percent increase in August, Hellenic Statistical Authority (ELSTAT) data revealed on Friday. The latest figure extends the streak of positive months for the index to seven
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Retail turnover falls by 2 pct in Apr, volume declines by 2.7 pct
EconomyMacroeconomyGreece’s retail sales index fell by 2 percent in April compared to an upward revised increase of 5.4 percent in March, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The headline figure returns the index to negative territory after March’s positive reading, which was the first
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Retail turnover falls by 2 pct in May, volume drops by 2.4 pct
EconomyMacroeconomyGreece’s retail sales index fell by 2 percent in May, almost at the same rate as April when the downward revised drop came to 1.9 percent, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. The headline figure marks two consecutive negative readings. The corresponding volume index
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Government compromises on 2 pct rise for minimum wage
PoliticsGreek PoliticsIt was confirmed at a cabinet meeting on Monday that the minimum wage will rise by 2 pct, a symbolic increase that is the result of the government’s unwillingness to leave salaries unchanged but also its desire not to come into conflict with business owners who are being tested by the pandemic
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Current account deficit rises to almost 2 bln in Jan, highest since 2011
EconomyMacroeconomyGreece posted a current account (C/A) deficit of nearly 2 billion euros in January, from 1.71 billion euros in December, Bank of Greece (BoG) data showed on Wednesday. In January 2021, the balance showed a deficit of 431.7 million euros, while in January 2020 the current account posted a deficit
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Despite improvement in services, goods tip current account to deep deficit of 2 bln in May
EconomyMacroeconomyGreece posted a current account (C/A) deficit of 2 billion euros in May, from 1.62 billion euros in April, Bank of Greece (BoG) data showed on Thursday. In May 2021, the balance showed a deficit of 1.36 billion euros, while in May 2020 the current account posted a deficit of 911 million euros
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