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PBO affirms strong macro and fiscal trajectory, growth seen at 2.2 pct
EconomyMacroeconomywas a solid 2.2 pct, investments were subdued. The PBO’s outlook remains broadly unchanged, with a small downward revision to 2.2 pct growth for 2025, from 2.3 pct previously. On the fiscal front, the PBO
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General govt primary cash surplus at 5.93 bln in Dec, arrears fall by 584 mln
EconomyMacroeconomy7.33 billion last year to 5.51 billion in 2017. Revenue from taxes dropped by 2.2 percent to 47.40... which came to 417 million euros. The figure for 2017 was nearly half that for 2016 (611 million
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Greek pensions laid bare
Agorapaid in March with a cost of 277 million euros, which corresponds to an average supplementary pension... a large part of these cases relate to early retirement, which results in lower payouts. Another 7.2
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Newsletter 188 -21/12/2018
payments showed a decline of 277 million euros to come to 5.19 billion euros. Overall expenditure from.... Monthly gross revenues rose by 2.2 percent YoY to 4.96 billion, declining from revenues of 5.23... by 2.2 percent YoY to 4.96 billion, declining from revenues of 5.23 billion euros in October
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Mitsotakis tries to stem subsidy scandal damage as opposition smells blood
PoliticsGreek Politicsofficials have also been quick to dampen rumours that more senior figures could be forced to resign over the coming days. There had been speculation in the local media that Deputy Rural Development Minister... in the exchanges and the two members of the cabinet have no reason to resign. Battle for votes
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Retail index fell by 2.2 pct in Feb but trend improving
EconomyMacroeconomyThe turnover of Greece’s retail trade index fell by 2.2 percent year on year (YoY) in February, while volume slightly rose by 0.6 percent, according to the Hellenic Statistical Agency (ELSTAT). Both headline figures showed an improving trend for the second straight month. On a monthly basis
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Industrial Production Index in negative territory for the year, at -2.2 pct in April
EconomyMacroeconomyThe Greek Industrial Production Index (IPI) fell 2.2 percent in April following a downward revised 2.7 percent drop posted in March, according to the Hellenic Statistical Authority (ELSTAT). This is the eleventh negative reading over the past 16 months. Electricity production was the only
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Greek CPI drops at slower rate of 2.2 pct in Feb for 24th straight month of deflation
EconomyMacroeconomyThe drop in the Greek consumer price index (CPI) decelerated to 2.2 percent in February from 2.8 percent in January, according to the Hellenic Statistical Authority (ELSTAT). Greece has been in deflation since March 2013. Over that last two years, the highest decrease in CPI was posted in November
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Credit contraction further accelerates to 2.2 pct in November
EconomyMacroeconomyGreek bank credit contraction further accelerated to 2.2 percent in November from an upward revised 2 percent in October, Bank of Greece (BoG) figures displayed on Wednesday. The net lending flow stayed negative for the fifth successive month with deductions increasing to 458 million in November
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Apartment prices drop 0.6 pct in Q4 and 2.2 pct overall in 2016
EconomyMacroeconomyin the apartment prices index follows a decelerating trend with the 2016 rate of -2.2 percent being
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