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Authorities turn focus back to Covid-19 compliance as latest numbers trigger concern
PoliticsGreek Politicsthe weekend, a total of 185 new cases were registered. Of these, 110 came on Saturday, making it the day... that will average 80 per day, this will lead to 11,500 total cases at the end of September, from the current 4,662
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Unemployment rate jumps to 17 pct in May
EconomyMacroeconomydecreased by 193,312 (-4.9 percent). Total employment stood at 3.73 million people. ELSTAT noted... persons when compared with May 2019 (+2.3 percent). The total inactive population now stands at 3.40
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NBG results show net profits of 465 mln euros on strong income
EconomyBanking. Total income came to 1.46 billion in H1, up by 69 percent YoY. Deposits in Greece reached 43.3 billion... to the pandemic, with the Total Capital ratio at 16.9 percent. This provides a capital cushion
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Construction slides again in May with fall of 8.7 pct YoY in building permits
EconomyMacroeconomyStatistical Authority (ELSTAT) data released on Wednesday. The total number of permits came to 1,339, going... five months of the year, building permits are up by 16.1 percent. Total permits in the aggregate period
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Primary cash deficit at 8.10 bln in July
EconomyMacroeconomybillion euros to 22.28 billion euros against last year’s total of 25.87 billion. Expenditure for July rose... months showed a rise of 2.55 billion euros, bringing the total to 32.42 billion euros. The Public
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Budget primary deficit of 7.46 bln confirmed for July as revenues sag
EconomyMacroeconomybudget total revenues stood at 26.68 billion euros, which is 3.74 billion euros or 12.3 percent lower... year, interest payments stood at 3.64 billion. During the first seven months of the year, total
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Unemployment rises to 18.3 pct in June
EconomyMacroeconomyby 174,217 (-4.4 percent). Total employment stood at 3.74 million people. ELSTAT noted that in light... the previous month, and increased by 108,669 persons when compared with June 2019 (+3.4 percent). The total
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Employment balance positive by 4,342 in August, aggregate shows 169,239 fewer jobs created
EconomyMacroeconomy1,231 more people hired than fired. Total hirings came to 160,583 versus 156,241 departures. Around.... On an aggregate basis, full-time employment came to 50.6 percent of the total, compared to 39.8 percent for part
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VAT gap of 30.1 pct in 2018 keeps Greece among worst performers in EU
EconomyFeaturesThe European Commission's VAT Gap report has revealed that the European Union lost an estimated 140 billion euros in Value-Added Tax (VAT) revenues in 2018, equal to a total revenue loss of 11... VAT Total Tax Liability (VTTL). The VAT gap is caused by fraud and tax evasion, corporate insolvency
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Budget primary shows deficit of 6.61 bln in August
EconomyMacroeconomythat this was due to reduced economic activities in light of the pandemic. State budget total revenues... billion. During the first eight months of the year, total expenditure came to 39.74 billion
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