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  1. General gov't primary cash surplus climbs to 1.3 bln in Jan, arrears resume upward trend
    Photo by MacroPolis

    EconomyMacroeconomy

    in January 2016 from 381 million last year, according to the Finance Ministry (MoF) gg bulletin published... security funds turned positive, posting a surplus of 40 million from a deficit of 38 million last year... in January from 5.38 billion at the end of 2015. Last year’s arrears had climbed by 1.55 billion euros

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  2. Turnover in the tourism sector falls 8 pct in Q4, first negative reading since Q1 2013
    Photo by MacroPolis

    EconomyMacroeconomy

    The Turnover Index in Accommodation and Food Services dropped by 8 percent year on year (YoY) in the fourth quarter (Q4) of 2015 from a revised rise by 5.2 percent in Q3, Hellenic Statistical... year much milder than the 2.3 percent estimated by the institutions upon the signing of the third

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  3. Net job hirings of 14,437 in the Greek private sector in February
    Photo by MacroPolis

    EconomyMacroeconomy

    The employment balance displayed net hirings of 14,437 in February, down by 687 from last year’s figure of 15,124, the Labour Ministry’s information system (Ergani) data showed on Tuesday. Ergani... year. This year’s figure is the lowest over the last three years, yet it indicates the fourth

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  4. Building activity advances 5.1 pct in Dec, down 0.9 pct in 2015
    Photo by MacroPolis

    EconomyMacroeconomy

    ) of 2015. The declined by 5.4 percent year on year, bringing the cumulative drop over the last...) at the end of September, up by more than 4 percentage points year to date. The latest construction

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  5. Wages index edges up 0.4 pct in Q4 of 2015

    EconomyMacroeconomy

    of that year at 78.8, while the highest figure was posted in Q1 2010 at 120.4. Since then, the wages index... adjusted (NSA) wages index remained almost stable year on year (YoY) in Q4 at 98 after rising by 1.1

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  6. Newsletter 71 - 22/04/2016

    Newsletters

    be in line with the government figure for this year and gradually drop to the IMF proposal by 2018... by almost 45 percent to 804.3 million euros in February from 1.45 billion a year earlier. A notable... of a group of colonels seizing power and embarking on a destructive and divisive seven-year reign of terror

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  7. Rise in new tax arrears slows to 881 mln in March, total stock edges up to 87.5 bln

    Economy

    quarter (Q1) of the year, which corresponds to an increase of 4.8 percent from the corresponding period last year. At the same time, the legacy tax arrears (created before 2016) eased to 83.86 billion... corporates stood at 45.1 percent in Q1, which is in line with the target of 45 percent for the whole year

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  8. Greek stocks climb 3.8 pct during week amid increasing optimism on swift agreement

    Economy

    recession of 0.3 percent for this year, while retained its ambitious forecast for an economic... on Friday. Since the beginning of the year, the domestic equity market has recorded losses of 4.1... of the previous week. However, they still record notable losses of 14.7 percent year to date. The top

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  9. Stournaras calls for lower primary surplus target, debt relief measures
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    of 2014. On the economic outlook for this year, Stournaras said that Greece will remain in recession in the first half of the year mainly due to a negative carry-over effect from 2015. Key conditions for a gradual economic recovery in the second half of the year include restoration of the confidence

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  10. Multi-bill tabled as Greece aims to take last step to completion of review

    EconomyProgramme

    year, the finance minister will have to prepare a report that ascertains if there is any deviation of the actual fiscal outcome for the prior year with the agreed target, depicts the total amount... in the budget of the next year. The application of the fiscal adjustment mechanism may be reconsidered

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