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  1. Athens aiming to step up diplomatic contact with neighbours
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    with which bilateral relations are strained due to unresolved diplomatic issues. Within this context... at the end of November or in early December at the latest. Athens is seeking to restore all the channels.... Erdogan’s visit to Greece could be seen as the clearest sign of an effort to put bilateral

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  2. Eurosystem funding for Greek banks shoots up by 11.2 bln in December

    EconomyMacroeconomy

    of December from 44.85 billion at the end of November, according to the Bank of Greece's (BoG) annual..., the absolute figure of 56.04 billion euros for December is the highest reading since April 2014. Citing... in December reflects the combined effect of: 1) Deposit outflows of circa 3 billion in December, which

    19%

  3. Current account deficit widens to 933 mln in December, 2016 balance turns to deficit of 1.1 bln
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s current account (C/A) deficit widened to 933.4 million in December from 783.8 million... revenues rose by 4.7 percent to 193.1 million in December fully reflecting a double-digit rise in non... million leading travel surplus to 54.7 million in December from just 4.8 million a year ago

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  4. Spending on pensions down by 30.9 mln in December
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in December 2017, coming to a total of 2.31 billion euros when excluding payments through the solidarity... euros in December 2017, slightly up from the figure of 722.03 euros in December 2016. The average for supplementary pensions was 171.67 euros, rising from the December 2016 figure of 170.93 euros

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  5. December hirings balance positive by 5,970 with annual balance for 2018 up by 141,003 places
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    The employment balance moved back into positive territory in December after two negative months... information system. Compared to December 2017, there were 9,345 more departures than hirings. Ergani noted that the employment balance for December is the fourth consecutive positive balance for the month

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  6. Primary cash balance surplus at 5.56 bln in December
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , revenues rose by 614 million euros in December and came to 6.15 billion euros. Conversely... billion euros against last year’s total of 50.79 billion. Expenditure for December fell by 829 million... payments rose by 347 million euros to 6.04 billion. Overall expenditure from January to December

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  7. New tax debt €7.13 bln in 2020, rising by €1.34 bln in December
    Photo by MacroPolis

    EconomyMacroeconomy

    The month-on-month rise in Greece's new tax debt came to 1.34 billion euros in December, data from... compared to 5.02 billion in November. The VAT collectability rate came to 89.7 percent in December... tax collectability rate dipped to 72.7 percent in December, with 317 million euros paid out of 436

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  8. Greek economic sentiment and consumer confidence fall sharply in December

    EconomyMacroeconomy

    to 98.9 in December from 102.7 in November, according to the European Commission (EC). The ESI figure for December is the lowest reading since Apri, while the monthly change suggests the sharpest drop... of the presidential election and the consequent call for snap elections on December 29. Nevertheless

    18%

  9. Growth in car sales peaks in December with rise of 69.3 pct

    EconomyMacroeconomy

    accelerated to 69.3 percent in December from 7.5 percent in November, according to the Hellenic Statistical Authority (ELSTAT). December’s figure is highest reading since 2002 (from when data is available... to 8,867 in December from 5,237 last year and 7,716 a month earlier. Following December’s strong

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  10. Greek credit contracts by 3.1 pct in December

    EconomyMacroeconomy

    The rate of contraction in Greek bank credit slightly accelerated to 3.1 percent in December from 3... consecutive month and landed at 212.04 billion at the end of December implying a drop by almost 6 billion... flow in December mainly stems from net deductions in the corporate and household sectors of 155 and 117

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