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  1. ELSTAT publishes data on bankruptcies since 2004, showing deterioration during crisis

    Economy

    up 5 percent of total bankrupt firms. ELSTAT figures also showed that for an average annual number of 130 claim verifications in the 2004-2014 period, the total level of indebtedness stood at 470... in 2010-2014, 2.2 times higher than the respective figure in 2004-2009. Moreover, the average

    5%

  2. Budget execution to Aug shows 3.8 bln primary surplus, 2.8 bln better than target
    Photo by MacroPolis

    EconomyMacroeconomy

    of the ENFIA instalment. In particular, income tax improved 2.2 percent to 7.51 billion euros, 126... and the Ionian), beating the monthly targets by 50-170 percent that led to an outperformance of the total..., total expenditure fell by 2.7 percent to 3.69 billion euros in August. It edged up 1.7 percent

    5%

  3. Draft budget sees primary surplus at 1.8 pct of GDP in 2017, revenue interventions of 2.5 bln

    EconomyMacroeconomy

    have been downward adjusted by 2.2 percent to 48.16 billion euros in 2016, largely reflecting... was granted in July and August, while arrears of 1.44 billion in total (including tax refunds... pensions (265 million) 3) Granting social allowances for a total amount of 871 million in 2017, which

    5%

  4. Tormenting Greece with a distorted picture
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    for the last six months and economic sentiment fell by 2.2 percent in February. Greece will never... that it was reclassifying 6.3 billion euros of deposits from private to general government, meaning the total could no longer be directly compared with previous ones. If these 6.3 billion euros are added to January’s total

    5%

  5. Greek households spend greatest share of income on accommodation in EU
    Photo by Harry van Versendaal

    Society

    , this was double the rate for the total population. Similarly, 52.1 percent of young people were living...”. It also highlights that in the 2011 Eurostat census, “Greece had more than 2.2 million unoccupied conventional dwellings (secondary residences and vacant housing), i.e. 35.3 percent of the total number

    5%

  6. Newsletter 118 - 12/05/2017

    Newsletters

    goods and services (-2.2 percent). The comparison with the previous month revealed the CPI edged up... of 8.6 percent in manufacturing production, which retains the lion’s share of the total index... and quarrying production, which accounts for just a fraction of the total index, soared 34.3 percent

    5%

  7. Newsletter 119 - 19/05/2017

    Newsletters

    measures worth 1.5 billion in 2020 and another 2 billion in 2021, the total tax relief included... security contributions (SSCs) and social benefits. The total bill of the previous and current pension..., pointing to a faster GDP rebound of 2.1 and 2.2 percent, respectively. Budget primary balance records

    5%

  8. Q1 GDP provides a positive surprise with 0.4 pct quarterly growth
    Photo byPanayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ’s share of GDP, making up 70.5 percent of the total figure in Q1. The latest Finance Ministry (MoF... to the total figure. The MoF expects a strong rebound of 5.9 percent in gross fixed capital formation..., expecting GDP to grow by 2.1 percent, while the IMF estimate is slightly higher at 2.2 percent.

    5%

  9. Unemployment rate edges down to 21.1 pct in Q2, lowest since Q4 2011
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    pace by 2.2 pp to 25.4 percent. The breakdown by age revealed that the jobless rate among the 20-24... unemployed (over 1 year) fell to 752,000 for a second straight quarter. Out of the total, long-term... and retail trade (18 percent of total), agricultural (12.1 percent), accommodation and food services (9.9

    5%

  10. Budget primary surplus confirmed at 1.94 bln in 2017 on expenditure fall
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    , while income tax revenues rose by 2.2 percent. In total, tax revenues beat their target by 359 million... total by 1.9 percent. Proceeds from privatisations for the full year were confirmed at 1.30 billion

    5%