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  1. Eurosystem funding drops by 2.7 bln in June on reduced ELA liquidity

    EconomyMacroeconomy

    that the banknotes in circulation declined by 589 million to 40.57 billion in June. This represents the lowest figure since February 2015. Banknotes in circulation have dropped by 9.91 billion euros since

    8%

  2. Newsletter 174 -14/09/2018

    Newsletters

    in August Banknotes in circulation increase for first time since December 2017 The composition... to 8.15 billion. The BoG figures also revealed that banknotes in circulation rose by 93.4 million euros

    8%

  3. Newsletter 215 -19/07/2019

    Newsletters

    balance beat its target by 2.13 billion euros. Eurosystem funding rises by 539 mln in June Banknotes... of 7.70 billion euros. The BoG figures also revealed that banknotes in circulation rose by 186.4

    8%

  4. Newsletter 28 - 29/05/2015

    Newsletters

    secured by Sunday, or June 5, when Greece has to pay the IMF 300 million euros, is very slim. common... of this being secured by Sunday, or June 5, when Greece has to pay the IMF 300 million euros, is very... percent in the previous quarter, according to the provisional estimates published by the Hellenic

    8%

  5. Gov't submits multi-bill to pave way for next bailout tranches

    EconomyProgramme

    to pay the monthly instalment, the government will grant a subsidy that will burden budget... allowing taxpayers to pay their debt to the state in up to 100 instalments, the grace period of 30 days... that the government estimates ignore elasticity, particularly for Kino since a large part of its revenues

    8%

  6. Budget marks return of trust, argues Mitsotakis
    Photo via https://primeminister.gr

    PoliticsGreek Politics

    , the first pension increases in 14 years, which will kick in from January, and pay rises for civil servants... on Sunday. He said that on-duty hospital staff would receive a 20 pct increase in their pay. PASOK... Androulakis to explain where he would find the 600 million euros the government estimates would be needed

    8%

  7. Gov't lowers tax-free threshold, prepares for third pillar of measures worth 1 pct of GDP

    EconomyProgramme

    than 3 children and a monthly salary of 600-650 euros will now pay an annual tax of 100-200 euros from... percent on internet connections and 10 percent on Pay TV. Increase in the tax rate for investment...) report notes incremental revenues are estimated at 200 million euros. This is on top of the 1.7 billion

    8%

  8. IMF expects modest recovery, lingering debt but primary surplus to return swiftly
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    to 3.6 pct in the last quarter of next year. This year’s estimate is marginally lower than the one... estimate for a 8.2 pct GDP contraction last year. Greece is seen coming off deflation this year..., after -7.4 pct last year and a recovery from next year up to 2026 at -3.5 pct. This year’s estimate

    8%

  9. Increase of 11 pct in minimum wage to have knock-on effect in economy
    Photo by MacroPolis

    Economy

    minimum wage of 650 euros gross translates into 546 euros net pay and is almost 64 euros higher... will see pay rises as their salary is based on the minimum wage. Knock-on effect Additionally... it, pushing lower the overall labour cost in the economy. The government estimates that about 600,000

    8%

  10. Contraction of 0.1 pct in Q4 sees 2018 GDP fall slightly below target at 1.9 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    released a first estimate of the overall GDP figure for 2018, showing that it grew by 1.9 percent...’s (MoF) final budget estimate of 2.1 percent for 2018. A breakdown of annual components showed... by 7.5 percent, meaning that the initial figures for 2018 have beaten this estimate. Imports of goods

    8%