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Newsletter 297 - 21/05/2021
three months and they continue to receive income from their work. The data showed that there were 142... in bonds following a flurry of new issuance during the quarter. There was also a 2.2 billion-euro increase... intakes to 40-45 pct, which is closer to the estimates the hospitality industry has been publishing
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This is how Greece kept its budget on track in Q1
Agorathe settlement of 2.2 billion euros in tax arrears reached 110 million in the first thirteen days... but the trend reversed in the next two months, with the actual figures coming in 366 and 142 million below... than the target. Salaries and pensions were estimated at an average of 1.56 billion euros per month
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Rebound of 0.3 pct in Greek GDP puts annual estimate of mild recession in sight
EconomyMacroeconomyin the compliance report of the first programme review its earlier estimate pointing to a modest GDP contraction... performance, GDP should improve by 0.3 percent in Q3 and by 0.1 percent in Q4 for the full-year estimate... Statistical Authority (ELSTAT) flash estimates showed on Friday. According to previous ELSTAT figures, Q1
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Turkey's move in Mediterranean puts Mitsotakis under pressure domestically
PoliticsGreek Politicswith Libya last week to delineate maritime borders in the Mediterranean. Athens has labelled the deal “illegal,” arguing that Libya’s prime minister does not have the legal authority to sign such agreements... and creation of EEZs. Greece has also threatened to expel Libya’s ambassador in Athens. Mitsotakis has had
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Newsletter 226 -01/11/2019
points for 2021 and 2022, meaning the new goal will be between 2.2 and 2.5 percent, close to what... into positive territory by 0.8 percent after a revised decline of 2.2 percent in July. The current positive... the target by 542 million. Overall, the PIB balance landed on a deficit of 777 million euros. 2
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Housing tops government plans for policy reset in autumn
PoliticsGreek Politics“Renovate-Rent” programme from September with the aim of assisting property owners with the upgrades... designed to offer incentives to the owners of some 600,000 properties estimated to by lying empty so
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Greek primary budget surplus eases to 1.95 bln on back of lower revenues in Aug
Economyrevenue targets included revenues of 884 million euros from the first two instalments of the new... will be missed accordingly. For the remainder of the year, the payment of ENFIA with estimated revenues of 2.65
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GDP revision for 2017 points to slight improvement from initial estimates
EconomyMacroeconomyGreece’s Statistical Authority (ELSTAT) issued on Wednesday the second estimate of the national... of the European System of National and Regional Accounts ESA 2010. The first estimate for 2017 was published... year-on-year, from a first estimate of 1.4 percent growth that was announced in March. Final
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Consumer prices drop further by 2.2 pct in June
EconomyMacroeconomyThe Greek consumer price index (CPI) fell by 2.2 percent in June after a drop by 2.1 percent in the preceding two months, according to the Hellenic Statistical Authority (ELSTAT). This indicates... in: transport (-3.1 percent), education (-3.1 percent) and household equipment (-2.2 percent). Prices
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CPI falls by another 2.2 pct in July as VAT rises yet to be recorded
EconomyMacroeconomyThe rate of drop in the Greek consumer price index (CPI) remained at 2.2 percent for the second straight month in July, according to the Hellenic Statistical Authority (ELSTAT). As a result, the CPI.... The breakdown of the 2.2 percent YoY CPI fall showed the highest change was posted by housing (-7.4 percent
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