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Signs of recovery, improved tourism season visible in Sept budget data as revenues beat target by 943 mln
EconomyMacroeconomyThe budget primary balance up to September landed at a deficit of 5.96 billion euros, compared with a deficit of 7.01 billion in the same period last year, the preliminary Finance Ministry (MoF) budget execution data showed on Friday. The primary balance was above the target in the 2022-2025 Medium
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Primary cash deficit reduced to 5.72 bln in Sept as revenues climb
EconomyMacroeconomybillion euros in the first nine months of 2021, compared with a deficit of 7.01 billion in the same
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Despite sharp increase in Dec, current account deficit improves markedly in 2025 to 14.11 bln
EconomyMacroeconomyto 7.57 billion euros in December, from 7.01 billion last year. At the same time, total exports came
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Kammenos dismisses talk of coalition rift but maintains Macedonia name objections
PoliticsGreek Politicsof the Independent Greeks (ANEL) parliamentary group, which was held in the wake of mounting rumours... neighbour should not be allowed to use the name “Macedonia.” “ANEL made an honest agreement with SYRIZA... positives. This chimes with the feeling that there seems to be little chance of the SYRIZA-ANEL
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Tsipras and Kammenos set aside speculation and focus on coalition's key goals
PoliticsGreek Politics’s office to insist, as he has done before, that SYRIZA and Independent Greeks (ANEL) will remain... prominent issues. The ANEL leader dismissed the claims of a rift, saying it was the work of “those who..., the prospect of any party jumping into government with SYRIZA if ANEL decides it has had enough
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Merkel backing for name deal overshadowed by coalition leaders' crucial talks
PoliticsGreek PoliticsMinister Panos Kammenos, who leads the junior coalition partner Independent Greeks (ANEL..., especially if he does not have any support from ANEL MPs. SYRIZA currently has 145 lawmakers.... This is what the two men had agreed in September. He will also reportedly ask for any ANEL
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Rising clinical depression hints at hidden side of Greek crisis
Societyto just 3.3 percent of Greeks that experienced depression in 2008, before the country plunged into its... to fall to 11.7 billion euros by 2016. It was reported earlier this year that the average time to see
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Greek Q4 GDP down 0.2 pct QoQ, 2014 nominal GDP stays in recession
EconomyMacroeconomyThe Greek seasonally adjusted (SA) GDP figure at constant prices showed a quarter on quarter (QoQ) fall of 0.2 percent in Q4 of 2014 after a rise (up to 0.7 percent) in the preceding three quarters... fixed capital formation fell 3.3 percent in the 9-month period, although a recovery was posted in Q3
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Newsletter 33 - 03/07/2015
The drop in the turnover of Greece’s retail trade index fell by the faster rate of 3.3 percent in April, which was it sixth straight monthly fall. Retail volume also contracted by 1.9 percent in April after... is unlikely to en masse favour being part of a national emergency government. The other possibility
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CPI falls by another 2.2 pct in July as VAT rises yet to be recorded
EconomyMacroeconomy. The breakdown of the 2.2 percent YoY CPI fall showed the highest change was posted by housing (-7.4 percent... and footwear (-3.3 percent) and education (-3.1 percent). In contrast, an increase in prices was recorded
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