Search
-
Covid recession bumped pension spending to 18 pct of GDP in 2020
Economy. Following the pandemic-induced bump, pension spending is expected to drop to 13.8 percent of GDP... of Greece’s economic model – something that the government is banking on in its Greece 2.0 plan for how
16% -
Opposition clashes with govt over high energy prices, cost-of-living measures
PoliticsGreek Politicseuros/MWh in France and 299 euros/MWh in the UK. Greece has not benefitted from the recent drop... and missteps in the government’s economic model, often by drawing comparisons to European peers. New face
16% -
Parties turn focus on economy as PASOK struggles with election fallout
PoliticsGreek Politicsin the form of a drop in inflation, however he acknowledged that the real goal was to bring prices... cuts to VAT on the model of other European countries, claiming that the measure would be ineffective
16% -
Building permits up by 1 pct in April and 5.2 pct in first four months of the year
EconomyMacroeconomyBuilding permits rose by 1 percent in April following a drop of 2.3 percent in March, Hellenic... (BoG) figures showed a 0.2 percent drop in apartment prices year-on-year in the first quarter of the year. This followed a drop of 0.4 percent in Q4. Apartment prices have been falling since the first
16% -
Labour Ministry 2015 data shows increase in employment, marginal drop in average wage
Economyemploying a total number of 1.67 million employees in 2015. Three quarters of firms were employing up to four employees, and almost 9 out of 10 up to 10 employees. There were also 523 large corporates... euros in 2015. The report showed 22.5 percent were part-timers, 4 out of 10 received a salary up
16% -
Car sales drop by 0.8 pct in September
EconomyMacroeconomygone up. In September last year, car sales registered a rise of 30.1 percent. Car sales.... The remainder was made up of motorcycles (3,217), lorries (1,863), and buses (113). Passenger cars accounted..., totalling 131,712. In the first nine months of the year, the remaining sales were made up of motorcycles
16% -
General govt primary cash deficit of 4.84 bln in May, arrears drop by 163 mln
EconomyMacroeconomyof the total, hospital arrears make up the majority of arrears during the month, followed by SSFs... in EFSF/ESM/IMF loans which came to 250 billion euros in May and made up 69.2 percent of the total... billion, making up 3.2 percent of the total. Bonds showed a rise of 7 million euros, which Bank
16% -
General govt primary cash deficit of 7.46 bln in June, arrears drop by 10 mln
EconomyMacroeconomyarrears make up the majority of arrears during the month, followed by tax refunds at 30.4 percent each... in July and made up 8.8 percent of the total. In other underlying categories, a rise of 200 million euros was seen in T-bills, making up 3.6 percent of the total. Bonds showed a rise of 2 million
16% -
Producer prices down by 2.3 YoY in Oct on back of fuel drop, rise in other categories
EconomyMacroeconomyproducts down by 18.9 percent YoY, food products were up by 0.8 percent, and metal products rose by 2.9..., intermediate goods increased by 2.5 percent, capital goods were up by 2.3 percent, durables up by 3.8
16% -
Producer prices drop 0.8 pct YoY in Dec, down 2.2 pct in 2024
EconomyMacroeconomywith a jump of 48.8 percent annually. Month-on-month (MoM), the index was up by 0.5 percent, from 0.3... percent, capital goods were up by 2.8 percent, durables up by 6 percent and non-durable consumer
16%