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Budget primary surplus of 3.6 bln by July, monthly revenues short of target by 315 mln
EconomyMacroeconomyimproved by 0.3 percent after double-digit growth in the preceding two months. It is worth noting... million lower than that in the first half. For the full year target of 50.57 billion euros to be met... for the second straight month at a double-digit growth rate of 10.4 percent, reaching 3.48 billion euros
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Budget primary surplus to Oct confirmed at 6.5 bln, 2.9 bln above revised target
EconomyMacroeconomybillion euros, 406 million above the target. This reflected a double-digit rise in both income tax (+11.2... upward revised full-year target of 51.14 billion euros to be met, revenue collection has to reach.... This is mostly attributed to a double-digit increase in grants to the social security sector by 13.4
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Newsletter 22 - 03/04/2015
funding needs for April. million. In addition, PIMCO executives met with the Finance Minister Yanis... and inventiveness in short supply If Greece and its eurozone partners could have the last two months all over... the last two months, let alone five years, all over again, they certainly would not want
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Newsletter 104 - 27/01/2017
completed. Although all sides emerged from the meetings in Brussels stressing the need... Minister Euclid Tsakalotos and the representatives of the four institutions, he was told that all... be. Tsakalotos claimed that all the participants acknowledged that the Greek economy performed better than
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Car sales resume double-digit growth rate in Oct with 15.2 pct rise
EconomyMacroeconomyAfter a short-lived drop by 13.8 percent in October, the number of road motor vehicles (going into circulation for the first time) rebounded by 15.2 percent in November, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. The November grow...
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Greek stocks climb 3 pct on week, banks post double-digit gains
EconomyThe Greek stock market traded in positive territory climbing by 3 percent this week following modest gains of 0.7 percent in the previous week. The improving performance was accompanied by a notable recovery in the trading activity. The market rebound w...
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Greek stocks climb 5 pct on week led by double-digit bank gains
EconomyThe Greek equity market headed north for the second straight week recording gains of 5 percent, after a rise of 1.5 percent in the previous week. The upswing was mainly fuelled by banks, which soared 17.9 percent. Despite a negative start in the first t...
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Budget primary surplus reaches 1.78 bln in July, almost double target
EconomyMacroeconomyThe budget primary surplus reached 1.78 billion euros in the first seven months of 2019, compared to a surplus of 926 million in the same period last year, preliminary budget execution data from the Finance Ministry (MoF) showed on Friday. The primary s...
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Travel balance more than double in Feb as arrivals increase by 24.6 pct
EconomyMacroeconomyGreece’s travel balance rose to 73.7 million euros in February from 33.4 million a year ago, Bank of Greece (BoG) data has shown. This is equal to an increase of 120.3 percent year-on-year (YoY). Receipts came to 240.4 million euros for the month, incre...
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Car sales almost double in March from level at start of pandemic
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time rose by 98.5 percent in March compared to a drop of 16.4 percent in February, Hellenic Statistical Authority (ELSTAT) data showed. In March 2020, the year-on-year change showed a drop of 49 p...
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