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  1. Retail sales fell by 1.7 percent in June, after a short-lived rise in May
    Photo by MacroPolis

    EconomyMacroeconomy

    respectively. Compared to the previous month (MoM), retail turnover rose by 2.2 percent, mainly due... published by the Greek Federation of Commerce and Entrepreneurship, retail trade is estimated to have

    10%
  2. Signifcant underspend covers revenue shortfall for budget primary surplus to August

    EconomyMacroeconomy

    markedly dropped by 55.1 percent in August, the 8-month figure still indicates a modest rise by 2.2... CIT instalments and vehicle circulation fees are estimated to boost revenues in the coming months

    10%
  3. Budget revenues rebound in August but shortfall remains at 4.2 bln

    EconomyMacroeconomy

    by 55.1 percent in August, bringing the 8-month figure up by a modest 2.2 percent to 4.9 billion.... Although, the payment of ENFIA, remaining CIT instalments and vehicle circulation fees are estimated

    10%
  4. Travel receipts drop by 4.1 pct in Oct for second straight fall
    Photo by MacroPolis

    EconomyMacroeconomy

    a rise by 0.5 billion from last year. Travel payments slipped 2.2 percent to 1.67 billion euros... figure. SETE has also estimated direct tourism revenues to reach 14.5 billion in 2015, up by 1

    10%
  5. Gov't unveils bill to overhaul pension system, increase income tax revenues

    EconomyProgramme

    from 2.2 percent for income between 12-20,000 euros up to 10 percent for incomes above 220,000 euros.... This is expected to replace the levy of 0.05 euros per column on OPAP games with estimated revenues

    10%
  6. A breakdown of the 5.4 bln in measures that form basis of agreement between Greece and creditors

    EconomyProgramme

    from 2.2 percent for incomes between 12 – 20,000 euros up to 10 percent for incomes above 220,000... and indirect tax measures, with estimated revenues or cost savings of 1 percent of GDP (1.8 billion

    10%
  7. Decline in CPI slows slightly to 1.3 pct in April

    EconomyMacroeconomy

    respectively. Smaller drops were recorded in clothing and footwear (-2.2 percent), household equipment (-1.4...). The IMF foresees zero inflation in 2016, while CPI is estimated to rise by 0.6 percent in 2017

    10%
  8. Newsletter 73 - 13/05/2016

    Newsletters

    recorded in clothing and footwear (-2.2 percent), household equipment (-1.4 percent), recreation... that are estimated to yield 2 percent of GDP and overall two-thirds of the required fiscal measures

    10%
  9. Piraeus Bank posts minor losses in Q4, almost breaking even for 2016
    Photo by MacroPolis

    EconomyBanking

    billion (of which 0.9 billion related to ELA funding), while EFSF repos increased by 2.2 billion..., aggressive cost management and lower cost of risk, while foreign asset disposals are estimated to have

    10%
  10. Travel receipts fall by another 3.1 pct in Feb on lower spending
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by 27.7 percent. Overall, arrivals from EU countries edged up 2.2 percent to 575,100, while those... to 26 million in 2017. In addition, travel receipts are estimated to increase by at least 1 billion

    10%