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  1. General govt primary deficit at 3.87 bln in March; spending soars
    Photo by Damian Mac Con Uladh

    EconomyMacroeconomy

    ) with a fall of 507 million euros from a year earlier, bringing the total for the month to a deficit... funds deteriorated by 359 million euros YoY. The state budget primary balance showed a fall of 4.13... compared with a year earlier, followed by transfers, which were 277 million euros lower. Taxes

    38%

  2. General gov't primary cash surplus up to 5 bln in 2016, arrears fall by 1.1 bln in Dec
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    (-214 million). For the whole year, the biggest fall in arrears was recorded by SSFs (-776 million... 2.15 billion euros to 58.66 billion at the end of December. The monthly change reflects a fall... stock decreased by 3.1 billion due to bond redemptions (mostly ECB holdings) and by another 471

    37%

  3. Eurosystem funding drops by 4.58 bln in January, banknotes in circulation fall
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in December 2017. The monthly movement was driven largely by a fall in Emergency Liquidity... programme was agreed. The majority of this fall (69.34 billion) comes from a lower reliance on ELA..., participation of Greek banks’ EFSF holdings in the ECB’s quantitative easing (QE) programme, increased

    37%

  4. Newsletter 259 -24/07/2020

    Newsletters

    the EU but not euro-denominated showed a fall of 97.8 percent to 2.5 million. Receipts from non-EU... to a fall of 87.5 percent YoY. The Hellenic Chamber of Hotels (HCH) has released its latest survey regarding the impact of the coronavirus pandemic on the country’s hotel industry, which shows that the hotel

    37%

  5. Government tables 2016 budget, upgrades GDP forecasts but leaves fiscal estimates unchanged
    Photo by MacroPolis

    EconomyMacroeconomy

    (from 3.6 percent before). For 2016, private consumption is anticipated to fall by 1.7 percent (from 2.4... (1.3 billion), development of Hellenikon (345 million), sale of real estate and shares (277 million

    36%

  6. Newsletter 188 -21/12/2018

    Newsletters

    payments showed a decline of 277 million euros to come to 5.19 billion euros. Overall expenditure from... by an increase of 18.4 percent in the manufacturing index, which offset a fall of 9.1 percent in the mining

    36%

  7. Overdue social security contributions decrease slightly to 35.11 bln in Q2
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ). Overall, under 1 million debtors fall into this category, a decrease of 4,740 from the previous... of 3.49 billion euros (10 percent of the total). The number of debtors in this bracket rose by 277

    36%

  8. Newsletter 230 -29/11/2019

    Newsletters

    for businesses, which was due to fall to 300 euros from 500. Instead, it will remain at its current level... as of the end of October, stood at circa 277 percent of the quota and an outstanding debt of just over 9

    36%

  9. Newsletter 244 -20/03/2020

    Newsletters

    countries in the curve. Thousands of businesses affected by Covid-19 Hotel industry reports coronavirus... businesses in Greece fall into the category of the businesses which will have to cease trading... (HCH) has released a survey showing the first estimations of the impact on Greece’s hotel industry due

    36%

  10. Tourism sector struggles as it prepares for full reopening in July
    Photo by MacroPolis

    PoliticsGreek Politics

    by the story of the 9-year-old daughter of an unemployed hotel worker in Rhodes apparently fainting... dependent on seasonal tourism. Commenting on the story on ERT TV, the president of the hotel... that up to 40,000 workers in hotel and catering on the island are unemployed, while just 15 percent

    36%