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  1. Newsletter 274 -20/11/2020

    Newsletters

    of Public Revenues (IAPR) has shown. New tax debt totalled 3.90 billion, lower than the figure

    3%

  2. Current account shows deficit of 498.8 mln in September on declining services and oil receipts
    Photo by MacroPolis

    EconomyMacroeconomy

    is due to a reversal of the oil balance connected to lower international oil prices. The deficit

    3%

  3. Many obstacles to clear in Greece's digital leap
    Photo via https://flic.kr/p/4YVJXw

    EconomyFeatures

    of 45,000-50,000 euros. This may result in part from the lower cost of living in Greece compared to some

    3%

  4. Covid-19 leaves Greece facing 200 pct debt-to-GDP ratio in 2021, long road to sustainability
    Photo by MacroPolis

    EconomyProgramme

    in which the refinancing rate will reach 4.1 pct over the forecast period and a combined scenario of lower

    3%

  5. Updated IMF DSA sees Greek debt as sustainable in medium-term, risks over long-term
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    the 8 pct on average in the previous estimate. Stressing the baseline assumptions, a lower primary

    3%

  6. EIB investment survey points to diminished investment appetite
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    percent) was lower than for manufacturing firms (29 percent) and infrastructure firms (29 percent

    3%

  7. GDP grows by 2.3 pct QoQ in Q3 and drops by 11.7 pct YoY as services exports crash
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    with a poor tourism season in Q3 which generated much lower revenues than the government had

    3%

  8. New tax debt at 4.94 bln to October, jumping by 1​.04 bln month-on-month as debtors rise
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The month-on-month rise in Greece's new tax debt came to 1.04 billion euros in October, data from the Independent Authority of Public Revenues (IAPR) has shown. This is the largest month-on-month tax increase since February this year. New tax debt totalled 4.94 billion, lower than the figure

    3%

  9. Unemployment rate at 16.1 pct in Sept
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , response in urban areas had been lower than usual due to the pandemic. The latest available data from

    3%

  10. Building permits increase 29 pct in September
    Photo by MacroPolis

    EconomyMacroeconomy

    to roughly 82 percent lower than the 2005 peak. Much of the current building activity also concerns

    3%