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  1. Most Greeks negative about spending power in 2018
    Image via www.deloitte.com/gr

    Society

    and shopping habits. This year’s survey found that 76 percent of respondents feel pessimistic about Greece’s economy. However, this is an improvement compared to last year’s figure of 87 percent who... that their spending power had improved this year. The number of Greeks who felt that their economic

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  2. Total overdue tax obligations rise to 100.74 bln, up by 1.19 bln in November
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , slightly lower than that for the same period last year (68.7 percent). Corporate income tax due rose... euros. This still represents a decline of 8.8 percent against the figure for the same time last year, which came to 12.63 billion. Roughly 82.7 percent of this year’s total (9.61 billion) originates

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  3. Trade deficit narrows by 11.5 pct in November on higher exports, slower import rise
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    of growth in exports compared to imports. Specifically, exports in November rose by 15.5 percent year-on-year (YoY) to 2.59 billion. The rise in imports was much slower, increasing by 4 percent, although..., the trade deficit rose by 15.8 percent in November. The aggregate figure for the year showed a YoY

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  4. CPI rises by 0.7 pct in Dec for first 12-month positive streak after four years of deflation
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    figure means that the prices index in 2017 completed its first full year of consistently positive... of 1.1 percent across 2017. The main driving force behind the year-on-year growth in CPI is an increase... for the year means that the actual average annual HICP for 2017 fell short of both these projections

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  5. Industrial turnover increases by 12.9 pct in November
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    on Friday. The headline figure is the second double-digit growth since May this year. The 12-month trailing... and 18.9 percent, respectively. Although turnover increased year-on-year overall, the breakdown showed... Commission improved by 4.1 points to stand at 0.2 in December. In the year to date, industry confidence

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  6. Greece issues 7-year bond, moves closer to wrapping up third review
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    opened on Thursday the book of offers for a syndicated seven-year bond. The Public Debt Management... April 2010 when Greece raised 5 billion by issuing a 7 year bond with a yield of 5.9 percent. The latest... properties, with a rate of 2,000 auctions per month in the last quarter of the year. Between 2019 and 2021

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  7. Spending on pensions down by 30.9 mln in December
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    grant (EKAS). This works out to a reduction of 57,830 people claiming pensions year-on-year.... For dividends, the average sum stood at 97.93 euros, up against last year’s figure of 97.86 euros... to the same time last year, going from 49.4 million to 24.9 million.

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  8. CPI falls by 0.2 pct in Jan, first negative figure since Nov 2016
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    remained consistently in positive territory across 2017, marking the first full year of positive... average HICP for 2017 was positive by 1.1 percent. The main driving force behind the year-on-year... and 1.4 percent, respectively. The overall figure for the year means that the actual average annual

    1%

  9. Fourth review begins, with Athens and creditors also focussing on post-MoU era
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    by a year is still hanging over Athens. This is to be decided in May, when there will be a clearer picture of this year’s budget execution and whether Greece is on track to reach its 3.5 percent of GDP... to last year’s excess surplus and improving GDP data to defend its position, which is that the tax

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  10. Economic sentiment at 104.3 pts in Feb, consumer confidence falls by 2 pts
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    rating, appear to have further bolstered sentiment. Year-on-year, the ESI has improved by 11.4... consecutive month and fell by 2 points to -53 in February compared to -51 in January. Year-on-year

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