Search
-
Covid-19 lockdown, slump suppress electricity demand and edge out lignite
EconomyFeatureslast year due to the emergency pandemic measures and economic slowdown. The fall in demand also affected the electricity mix, causing a fall in lignite generation and an increase in electricity... percent globally and 10 percent in advanced economies, leading to an 8 percent fall in greenhouse gas
7% -
PMI rises to 49.4 points in June as manufacturing resumes
EconomyMacroeconomy. This was partially driven by a slower fall in production. The increases in output were largely linked... buying activity among manufacturers spurred a further fall in cost burdens. The solid fall in input
7% -
Newsletter 261 -07/08/2020
was noted in social security funds (SSFs) with an annual fall of 1.06 billion euros, bringing the total... primary balance showed a fall of 6.36 billion euros, landing at a deficit of 6.10 billion euros... by 3.19 billion to 17.44 billion euros from 20.63 billion a year ago. The next largest fall was in sales
7% -
PMI edges up to 49.4 points in August, employment rises
EconomyMacroeconomywas due to a further fall in new orders and poor demand. Demand from clients linked to the tourism sector had been especially hit due to coronavirus-related restrictions. New orders continued to fall... to entice customers. The latest fall in charges came alongside a faster rate of input price inflation
7% -
Newsletter 268 -09/10/2020
security funds (SSFs) with an annual fall of 644 million euros, bringing the total figure to 201... with a rise of 37 million. Overall, the state budget primary balance showed a fall of 8.27 billion... by fall in both imports and exports Excluding the value of oil products and ships, the trade deficit
7% -
Current account deficit increases to 767.4 mln in Oct as service surplus shrinks
EconomyMacroeconomyexports reached 2.51 billion euros, a fall from 2.77 billion in October 2019. On an aggregate basis... to offset the precipitous fall in the services balance that is worse off by 13.57 billion euros. The total... to 17.57 billion in 2019. Travel payments showed a fall to 695.1 million, from 2.27 billion last
7% -
General govt primary cash deficit of 13.75 bln in November, arrears drop by 302 mln
EconomyMacroeconomyyear-on-year (YoY) decline was noted in social security funds (SSFs) with an annual fall of 523.... Overall, the state budget primary balance showed a fall of 21.03 billion euros, landing at a deficit.... The next largest fall was in sales of non-financial assets with a decline of 1.42 billion, taking
7% -
General govt primary cash deficit of 12.55 bln in December, arrears drop by 345 mln
EconomyMacroeconomysecurity funds (SSFs) with an annual fall of 629 million euros, bringing the total figure to a surplus... balance showed a fall of 23.72 billion euros, landing at a deficit of 18.18 billion euros. The budget... billion euros from 49.92 billion in 2019. The next largest fall was in sales of non-financial assets
7% -
How the pension fund that invested heavily in Attica Bank lost half its reserves
AgoraThe Engineers and Public Contractors Pension Fund (TSMEDE) found itself in the spotlight over the last few days as a result of being the major shareholder in Attica Bank, which faced a number of issues related to corporate governance and lending activities, according to an investigation carried out
7% -
Self-employed paying less for social security contributions, Labour ministry reports
EconomyFeatures-employed workers and reports of such workers deregistering from the status of “self-employed” en masse... Engineers and Public Contractors Pension Fund (TSMEDE) fund compared to 64.2 percent in 2017
7%