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General government primary cash surplus expands to 3.9 bln by August, arrears drop further to 6.3 bln
EconomyMacroeconomyand 69 million respectively. Interest payments was the only expenditure item that posted a drop of 254... that started in mid July and have resulted so far in a net drop in the arrears’ stock by 976 million over... drop of 24 million in the 8-month period. Social security funds’ arrears of 2.85 billion remain
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Fall in apartment prices slows to 0.3 pct in Q4 2017, 1 pct average drop for year
EconomyMacroeconomyThe drop in the nominal value of apartments in Greece came to 0.3 percent year-on-year (YoY) in the fourth quarter (Q4) of 2017, slowing from a drop of 0.6 percent in Q3 2017, Bank of Greece (BoG..., the decline in property prices came to an average drop of 1 percent, improving against the drop
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Building activity records another sharp drop of 21.9 pct YoY in Feb
EconomyMacroeconomyBuilding activity recorded another sharp drop at the start of 2025 with a decrease of 21.9 percent year-on-year (YoY) in February, after a drop of 17 percent in January, according to the data... was all negative, with the biggest drop recorded in Ipeiros in north western Greece with 44.5 percent
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Newsletter 87 - 09/09/2016
of the state budget posted a drop from last year. The breakdown showed revenues grew by 3.58 billion... monthly drop also includes arrears’ clearance of 970 million, according to the July budget execution... March 2012. The drop reflects a rise in the number of employed by 15,000 from the previous month to 3.68
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Budget for 2017 sees primary surplus at 2 pct on 2.6 bln fiscal measures, strong growth
EconomyMacroeconomy. On the flipside, direct taxes are estimated to drop by around 300 million to 20.42 billion in 2017. On the cost front, primary expenditure is projected to drop by more than 1.4 billion euros to around 44 billion... million), pension reform (63 million) and change in the pension ceiling (43 million) 3) Granting
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Eurosystem funding drops by 3.3 bln in Nov for 17th straight monthly fall
EconomyMacroeconomysimilar drop of 3.53 billion in October, Bank of Greece's (BoG) monthly financial statement showed on Tuesday. This was the 17th successive drop leading the Eurosystem funding balance down to 68.49... billion euros, with a cumulative drop of 41.73 billion since June 2015. Around half of this reduction
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Eurosystem funding falls by 2.2 bln in March, ELA drops after brief rise in Feb
EconomyMacroeconomy, falling by 2.2 billion following a slower drop of 1.13 billion in the previous month, Bank... uncertainty. Following a request by the BoG, the ECB decided to increase the ELA ceiling for Greek banks... in March after a similar drop of 1.46 billion in February and settled at 17.31 billion at the end
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Eurosystem funding drops by 3.9 bln in July on big decline in ELA
EconomyMacroeconomy. The month-on-month decline is the most substantial for the year so far and surpasses the drop in June... in the Emergency Liquidity Assistance (ELA) funding by 3.37 billion, the largest drop since June 2016... been anticipated as the ECB announced on August 3 that the ELA ceiling for Greek banks would
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Sharper drop for retail sales in July points to lingering recession
EconomyMacroeconomyAuthority (ELSTAT). A similar drop (14.0 percent) was also evident in retail volumes. The picture remains... smoothened out to a mid-single digit drop of 4-5 percent. Monthly volatility in the automotive fuel sector... a decrease of 12.0 percent. It is noteworthy that unlike previous years, the rate of drop in retail sales
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Industrial production continues decline with 7.2 pct drop in August
EconomyMacroeconomyThe Industrial Production Index posted a drop of 7.2 percent in August with the figure... that except for April and June, all monthly readings so far in 2013 exhibit a single digit drop of between... percent respectively), while manufacturing and water supply production showed a moderate drop of 3.8
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