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Primary balance on target in Oct, revenues beat target thanks to tax and tourism VAT
EconomyMacroeconomyThe 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
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Budget primary deficit to Oct confirmed at 7.18 bln, improving from 9.07 bln last year
EconomyMacroeconomyThe 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
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Buoyed by improved tax revenues, budget deficit comfortably beats target at 7.88 bln in Nov
EconomyMacroeconomyThe 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
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Budget primary deficit improves by 7.2 bln YoY in 2021, beats target by nearly 2 bln
EconomyMacroeconomyThe 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.
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Four months of decline in industry turnover almost comes to stop in February
Economy4.3 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
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In Spain, the best generation is in danger of becoming the lost generation
AgoraA 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
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How Greek banks moved into a new era
Agoracontainment 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
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Majority of services sectors still see contraction in turnover in Q1 2014
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
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In third straight month of decline, industrial turnover falls 4.9 pct in May
EconomyMacroeconomyfour 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
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Greece sees travel receipts rise again in July to reach 2.74 bln
EconomyMacroeconomyby 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
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