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Industrial turnover posts slowest growth in 2 years, up 1.5 pct in March
EconomyMacroeconomyGreece’s industrial turnover remained in growth territory in March, slowing down considerably to 1.5 percent year-on-year (YoY), February, from 6.7 percent in February, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursda...
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Corporate, income taxes and VAT propel tax outperformance in July above 2 bln
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 5.67 billion euros in July, compared to a surplus of 3.56 billion euros in the same month a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Monday. Up...
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Wages index rises by 8 pct YoY in Q2, taking growth to more than 2 years
EconomyMacroeconomyGreece’s seasonally adjusted (SA) Wages Index maintained a solid growth trend in Q2, rising by 8 percent year-on-year (YoY), from 7.4 percent growth in the first quarter of 2024, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. The wa...
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Budget comfortably beats target up to Aug thanks to 2 bln excess taxes, 3.6 bln underspend
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 7.57 billion euros in August, compared to a surplus of 5.6 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Wednesda...
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Deposits rise by 2 bln in Aug, reaching new recent high of 205.4 bln
EconomyMacroeconomyThe Greek banking system’s private sector deposits rose in August, with a net increase of 2.05 billion euros, after a drop of 1.15 billion euros in July, according to the latest Bank of Greece (BoG) figures released on Thursday. The annual growth in Jul...
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Greece's open floodgates
Agorain by a type of Mediterranean storm known as a “medicane” that develops during this time of year... Karameros (SYRIZA) appeared on a TV panel show on Saturday wearing a fluorescent jacket of the type... that he had been selling the wrong type of clothing on his shows and that the jacket worn by the SYRIZA
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Church, democracy and the evil eye: survey reveals Greeks' beliefs
Societyas simultaneously Western and Eastern. Although 70 percent of Greeks agreed that there was a conflict... agreeing that being Orthodox is important to being “truly Greek,” against an Orthodox median of 70... as family members, compared with 70 percent among those who disagree that Greek culture is superior
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On monetary policy and inflation targeting
Agorasay 2 percent year-on-year (Y/Y) for the headline index of consumer prices (HICP).[2] Country A has... policy, aiming in both cases at a Y/Y headline rate of inflation of 2 percent. The bold line presents... 10 percent, before showing some easing toward the 2 percent objective. The central Bank in Country B
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Greeks living in smaller, older, poorer quality homes during crisis, BoG study shows
Societyis inhabited. The evolution of houses by type showed that the annual growth rate of detached houses eased by 0.2 percent in 2008-2012, apartments grew by 1 percent, while other type posted a double-digit
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Our most popular stories in 2014
Agora. The evolution of houses by type showed that the annual growth rate of detached houses eased by 0.2 percent in 2008-2012, apartments grew by 1 percent, while other type posted a double-digit annual growth
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