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  1. Primary balance on target in Oct, revenues beat target thanks to tax and tourism VAT
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance up to October landed at a deficit of 7.2 billion euros, compared with a deficit of 9.07 billion in the same period last year, according to the preliminary Finance Ministry... by 479 million euros. Overall, the PIB balance landed at a deficit of 3.66 billion euros

    5%
  2. Budget primary deficit to Oct confirmed at 7.18 bln, improving from 9.07 bln last year
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance landed at a deficit of 7.18 billion euros up to October 2021, compared with a deficit of 9.07 billion in the same period last year, the final Finance Ministry (MoF) budget... billion euros, above target by 68 million euros. Overall, the PIB balance landed at a deficit of 3.63

    5%
  3. Buoyed by improved tax revenues, budget deficit comfortably beats target at 7.88 bln in Nov
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance for the eleven months of the year landed at a deficit of 7.88 billion euros, compared with a deficit of 13.47 billion in the same period last year, according... by 145 million euros. Overall, the PIB balance landed at a deficit of 4.04 billion euros for the eleven

    5%
  4. Budget primary deficit improves by 7.2 bln YoY in 2021, beats target by nearly 2 bln
    Finance Ministry

    EconomyMacroeconomy

    The budget primary balance for the full year landed at a deficit of 10.99 billion euros in 2021, compared to a deficit of 18.2 billion in 2020, according to the preliminary Finance Ministry (MoF... balance landed at a deficit of 4.48 billion euros for the year.

    5%
  5. Four months of decline in industry turnover almost comes to stop in February

    Economy

    4.3 percent in January and a double-digit drop in the preceding three months, according... market. The latter is mainly attributed to a double-digit rise (+12.9 percent) for the non-eurozone.... On the flipside, a double-digit drop was recorded in the sectors of electrical equipment (down 37.4

    5%
  6. In Spain, the best generation is in danger of becoming the lost generation
    Photo by Roberto Ortiz via Flickr

    Agora

    A double degree in communication from Paris and Madrid universities, and a master’s in cultural... Greece and double the average in the European Union. The European Commission has set up a 6-billion-euro..., the latest data from Spain’s National Statistics Institute (INE) shows. “After getting a double degree

    5%
  7. How Greek banks moved into a new era
    Photo by MacroPolis

    Agora

    containment and a double-digit QoQ drop in loan provisions. Most of these trends are broadly expected... to continue showing a double-digit drop in the coming quarters. Although these positive trends... is still high (albeit exhibiting a double digit decline) and will continue to erode profitability

    5%
  8. Majority of services sectors still see contraction in turnover in Q1 2014
    Photo by MacroPolis

    EconomyMacroeconomy

    ). It is noteworthy that the same activities had also posted a double-digit drop in the corresponding period last year... for the cleaning activities. On the flipside, two services activities recorded a double-digit rise in Q1... by a double-digit figure in the corresponding period last year. On the contrary, except information services

    5%
  9. In third straight month of decline, industrial turnover falls 4.9 pct in May

    EconomyMacroeconomy

    four months showed a double-digit drop over this period. In addition, the average index posted... a double-digit drop (-14.2 percent). The latter was almost equally split for the eurozone and non... to 103.3 percent. Turnover in furniture and other manufactured products followed suit posting a double

    5%
  10. Greece sees travel receipts rise again in July to reach 2.74 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    by the Association of Greek Tourism Enterprises (SETE) confirmed arrivals continued rising at a double-digit rate... to 10.49 million. In addition, the double-digit drop in travel spending per trip in July, led... Russia exhibited a double-digit rise in the 7-month period (+11.3 percent), while those from Germany

    5%