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Industrial turnover up by 8.1 pct in June for eighth consecutive rise
EconomyMacroeconomytrailing index up by 10.3 percent, also reflecting a weak performance in the second half of 2016
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Industrial turnover falls by 2.6 pct in December
EconomyMacroeconomyGreece’s industrial turnover fell by 2.6 percent in December, after November’s increase was upwardly revised to 13 percent, according to Hellenic Statistical Authority (ELSTAT) data published on Friday. The 12-month trailing index grew by 11.6 percent, continuing to reflect a relatively weak second
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Industrial turnover makes strong start to year with growth of 12.7 pct in Jan
EconomyMacroeconomyGreece’s industrial turnover shot up by 12.7 percent in January, after December’s figure was softened to -1.9 percent, according to Hellenic Statistical Authority (ELSTAT) data published on Thursday. The 12-month trailing index grew by 11 percent. January’s figure returns the index to positive
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Industrial turnover grows by 3.1 pct in February
EconomyMacroeconomyGreece’s industrial turnover increased by 3.1 percent in February, slowing down from January’s upward revised growth of 12.9 percent according to Hellenic Statistical Authority (ELSTAT) data published on Thursday. The 12-month trailing index grew by 9.6 percent. The month’s performance was largely
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Institutions back in Athens to resume review, agree new measures
EconomyProgramme-measures. This will mostly consist of tax cuts with the aim of the entire package of measures having... Minister Giorgos Houliarakis said that the agreement foresees the implementation of both sets of measures... being missed or beaten, the positive fiscal measures will be increased or contained accordingly,” he
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Pension and income tax reform bill sets out 4.4 bln in new measures
EconomyProgrammeand then a one-week discussion in the plenary. Almost all of the measures included in the draft law... of the proposed measures. The government aims to collect additional annual revenues of 1.7 billion euros (1... system. We present below the most significant quantitative measures, which total 2.74 billion euros
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Budget primary balance dips to deficit of 1.51 bln in April on Covid-19 measures
EconomyMacroeconomythe impact of the measures for the coronavirus. Taking these factors into account, the MoF noted... of tax relief measures such as the suspension of VAT payments and the assessed debts to the companies... that this underperformance is due to the impact of measures taken to face the coronavirus pandemic
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Budget deficit balloons to 8.2 bln euros in July amid measures linked to pandemic
EconomyMacroeconomyto the impact of measures taken to eliminate the negative effects of the coronavirus pandemic. Much of the decrease was mainly due to the adoption of tax relief measures such as the suspension of VAT..., which contains the measures taken to address the effects of the health crisis, tax revenues show
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Stournaras outlines conditions for strong 2017 growth, calls for debt relief measures soon
EconomyMacroeconomystock of non-performing loans (NPLs) and imminent discussions on debt relief measures. Stournaras... will not be feasible, adding that discussions on debt relief measures “should start now and be concluded
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Greek 2016 draft budget contains 6.4 bln in new fiscal measures, sees recession ahead
EconomyMacroeconomywill further improve after the anticipated debt relief measures and will facilitate Greece tapping
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