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  1. Newsletter 196 -01/03/2019

    Newsletters

    being a safety net for those in serious financial distress but willing to meet their mortgage... the slowest to adjust were cited as the net external position, where the pace of improvement has been weak... index came to 1.5 percent. Credit contraction at 1.1 pct in Jan Outstanding balance decreases

    10%

  2. Newsletter 200 -29/03/2019

    Newsletters

    euros below the target of 9.53 billion euros. State budget net revenues came to 7.83 billion euros... 2017, consumer confidence has improved notably by 20.5 points. Industry confidence fell by 1.1 points... contraction in the Greek market came to 0.6 percent in February, improving from a contraction of 1.1

    10%

  3. Disposable income falls for second straight quarter, by 0.7 pct in Q2

    EconomyMacroeconomy

    of 1.1 percent in taxes on income and wealth. Disposable income has tumbled by 27.5 percent... contributions and benefits fell by 1.1 percent to 13.72 billion in Q2, after rising in the previous three... for the fourth straight quarter by 1.1 percent to 31.84 billion in Q2. The cumulative decrease in final

    10%

  4. Income inequality in Greece has grown during crisis, OECD report shows
    Photo by MacroPolis

    Society

    is lowest in Denmark (5.2), Slovenia, (5.4) Finland (5.5), Iceland (5.6) and Slovakia (5.7). Greece’s... the average household lost over 8 percent of its real net income annually, well above Spain, Ireland... hold. Reflecting this fall income and the lack of a social net, the crisis period also saw a marked

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  5. Newsletter 97 - 25/11/2016

    Newsletters

    (440 million). On the expenditure front, the budget estimates net savings by social security... by 1.77 billion, mainly due to a remarkable decline in net transport receipts. BoG figures also... in September, travel receipts fell 5.5 percent in the first nine months of the year to reach 12.08

    10%

  6. Current account balance surplus of 874.4 mln in June shows significant yoy improvement
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ’ net external liabilities showed an increase of 196 million in June with no notable transactions recorded for the month. Portfolio investment showed a net increase in residents' external assets due to a rise of 5.5 billion in residents' holdings of foreign bonds and T-bills. During the aggregate period

    10%

  7. Greek primary cash surplus reaches 1.8 bln in H1 2014

    EconomyMacroeconomy

    . Since the beginning of the year, state arrears have posted a net increase of 591 million, of which 444... are following suit at 790 and 666 million respectively. The year to date net increase of 591 million... a net drop of 71 and 40 million year to date. The bulk of social security funds’ arrears stems from

    10%

  8. December current account deficit at 1.24 bln on falling services balance
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    . This was mainly caused by lower net travel receipts. In December, while travel receipts rose by 0.8 percent.... Financial account Residents’ net external liabilities increased by 268 million in December. No transactions of note were reported during the month. Portfolio investment showed a net decrease in residents

    10%

  9. Current account shows surplus of 886.6 bln in September, aggregate figure almost balanced
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    ago, driven mainly by lower net interest, dividend and profit payments. At the same time... time, total imports reached 4.69 billion euros, from 4.63 billion euros last year, a rise of 1.1.... Financial account Residents’ net external liabilities showed an increase of 132 million in September

    10%

  10. Unpaid taxes keep rising, tax audits short of targets

    EconomyMacroeconomy

    increase in the cumulative debt reflects payments against ‘old’ debt, which amounted to 852 million so

    10%