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  1. New overdue tax obligations increase by 989 mln in Feb, stock reaches 94 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    in the previous month. Legacy tax arrears (those created before 2017) stood at 91.36 billion... the previous month. The overall stock corresponds to 53.4 percent of GDP. Efficiency indicators IAPR also... on large corporates sharply fell to 14.2 percent in February from 78.8 percent in the previous month

    7%
  2. Disposable income rises slightly in Q4 for first time since Q3 2014
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    falling by 1.8 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) data showed... that the employees’ total remuneration eased by 0.3 percent in Q4, after rising in the previous four quarters... by 17.7 percent in the previous quarter and reached 2.55 billion. In addition, social security

    7%
  3. PMI up to 48.2 in April as new orders fall again, but outlook for year remains positive
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    straight month, albeit at a slower pace from the previous month, largely amid deterioration in demand from... was softer than that recorded in the previous month. Meanwhile, staffing numbers were also reduced.... However, selling prices also stayed stable compared to the previous month. In addition

    7%
  4. General govt primary cash surplus falls to 1.2 bln in Q1, arrears edge down to 5.05 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    euros for the first time since December after an increase by 262 and 249 million in the previous two... drop from the previous month fully reflects a decline of 136 million in tax refunds and of 64 million... increased by 1.41 billion euros from the previous month after falling by 1.07 billion in February

    7%
  5. Details of technical agreement between Greece and lenders set out in draft sMoU
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    evening. The 53-page document dated May 2 is broadly similar to a previous draft of April 23 that we..., subject to the condition of the previous package involve a reduction in the personal income tax rates... are almost identical to those included in the previous draft of April 23 and include several interventions

    7%
  6. CPI increases by 1.6 pct in April
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. The latest.... Compared to the previous month, the CPI edged up 0.6 percent mostly due to a sharp rise... goods’ and services’ groups showed minor changes in their prices from the previous month. Following

    7%
  7. Stocks up by 4.7 pct, rising for third straight week
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    to the previous week, 22 of the 25 FTSE/ASE Large Cap Index constituents ended higher. In contrast, the three... million in the previous week. Market news The flow of foreign investors turned positive in April, with inflows of 12 million euros following outflows of 37 million in the previous month. Overall

    7%
  8. Budget primary surplus hits 1.74 bln in 4-month, beating target on strong underspend
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of 1.07 billion in March, largely due to primary expenditure returning to the level of previous months.... Revenues Gross revenues fell by 6.3 percent in April, after rising by 2.9 percent in the previous month... performance in April compared to the previous month as well as the respective 2016 figures. Revenues

    7%
  9. Finance Ministry ups 2017 budget primary surplus estimates on higher revenue projections
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    the previous figure of 3.79 billion euros included in the 2017 budget that was tabled on November... government bodies, which are now estimated at 193 million euros from a previous figure of zero.... The Finance Ministry also upped its previous projection for the 2017 nominal GDP by 387 million euros

    7%
  10. Central government debt edges up to 326.5 billion in Q1

    EconomyMacroeconomy

    ) to 326.53 billion in the first quarter (Q1) of 2017, from 326.36 billion in the previous quarter... to a new record high of 18.19 years in Q1 from 16.6 years in the previous quarter. The debt... million from 423.8 million in the previous quarter.

    7%