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  1. VAT gap remains high as non-compliance overtakes revenue rise
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    expected VAT revenue. This represents a decline of 1 pps year-on-year. Though declining slightly

    7%

  2. CPI drops by 0.2 pct in August
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    in August, following a 1 percent rise in July. Additionally, the goods’ index fell by 0.8 while

    7%

  3. Wages index up by 2.2 pct in Q2 for ninth straight increase
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    quarter-on-quarter (QoQ), recovering from a sharper decline of 1 percent in Q1. The relevant figure

    7%

  4. Building permits increase by 4.7 pct in June
    Photo by MacroPolis

    EconomyMacroeconomy

    months of the year, building permits rose by 1 percent. Total permits in the aggregate period stood

    7%

  5. Unemployment drops to 16.9 pct in Q2, hitting eight-year low
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    percent in Q2 from 19.1 percent in Q1 2019. The number of long-term unemployed (over 1 year) declined

    7%

  6. Fiscal issues dominate talks as fourth post-programme review ensues
    Photo by MacroPolis

    EconomyProgramme

    -legislated to generate 1 percent of GDP of revenue that would trigger the equivalent expansionary

    7%

  7. Fourth review talks conclude with fiscal differences remaining
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    at the moment seeing a fiscal gap of 1 billion euros, or 0.5 percent of GDP, if the Greek

    7%

  8. Newsletter 221 -27/09/2019

    Newsletters

    for next year, with the institutions at the moment seeing a fiscal gap of 1 billion euros, or 0.5 percent

    7%

  9. Economic sentiment edges down to 107.2, consumer confidence continues to rise
    Photo by MacroPolis

    EconomyMacroeconomy

    in several areas. Industry confidence rose by 0.4 points month-on-month to stand at 1 point. Year-on-year

    7%

  10. Overall loan interest rate edges up to 4.68 pct in August
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    dropped by 1 bps to 0.26 percent. The average interest rate on overnight deposits placed

    7%