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Nov headline CPI at 3 pct, food price inflation three times higher
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) growth dropped marginally in November, with a 3 pct rise year-on-year (YoY), after more than doubling to 3.4 pct in October, according to the data released on Friday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling 12-month period
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Corporate taxation, underspend lead to 3 bln primary surplus in March
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of close to 3 billion euros in March, compared to a surplus of 3.08 billion euros in the same month of 2023, according to the final Finance Ministry (MoF) budget execution data released on Tuesday. In March, the budget primary balance
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Current account deficit widens to 3 bln in Mar, at 4.47 bln in Q1
EconomyMacroeconomyGreece’s current account recorded a deficit of 3 billion euros in March, from a deficit of 2.49 billion euros in February, Bank of Greece (BoG) data released on Wednesday showed. In March 2024, the balance showed a deficit of 2.5 billion euros. The Bank of Greece notes that this is mainly due
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Retail sales resume growth of 3 pct YoY in June, volumes record more modest rise
EconomyMacroeconomyGreece’s retail sales resumed growth with a 3 percent year-on-year (YoY) in June, after a marked decline of 4.6 percent in May, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The corresponding volume index also had a rise of 1.8 percent YoY, from a 5.8 percent drop in May
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Disposable income rises in Q2, saving rate stays negative at -3 pct
EconomyMacroeconomy. The household saving rate (defined as gross savings divided by gross disposable income) stood at -3 percent
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Budget primary surplus at 3 bln in Feb as tax performance moderates
EconomyMacroeconomyThe budget primary balance produced a surplus of 3 billion euros up to February, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday. The primary balance came in at 1.04 billion euros above the target. Expenditure, excluding interest payments
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Tsipras advertises launch of rent subsidy scheme in latest voter-friendly initiative
PoliticsGreek Politicsaccount for 63.5 percent of respondents, an increase of 3 points since November. This is leaving other..., the Public Issue survey sees a sixth party possibly sneaking into Parliament at the threshold of 3 percent... Pavlos Polakis behind it on Wednesday by unveiling a rent subsidy scheme, another measure SYRIZA
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ND in danger of being blown off course by farming subsidy scandal
PoliticsGreek Politicsgarnered more than 3 pct. The percentage of undecided voters remained relatively stable at 8.9 pct... who say they are worried about foreign policy issues. This figure increased from 3 pct to 8 pct....) into the livestock farming subsidy scandal that have leaked to the local media since the case file was sent
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Newsletter 3 - 14/11/2014
Samaras faces tough choices Troika pressure forces government to amend new tax debt payment law Following a week in which the government’s relationship with its own MPs as well as Greece’s lenders was tested, the coalition faces a delicate few weeks ahe...
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Collapse in revenues brings 2014 primary surplus to 1.9 bln, 3 bln short of target
EconomyGreece’s budget execution displayed the primary surplus significantly narrowing by 1.64 billion month on month (MoM) to 1.93 billion at the end of 2014 from 3.57 billion in the 11-month period, according to the Finance Ministry (MoF) preliminary budget ...
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