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  1. EC warns budget not on track due to handouts, advises against further underspend
    Photo by MacroPolis

    EconomyProgramme

    generous schemes, leading to a drop in revenues. The estimated loss of revenue is seen between 0.3... ceilings have been set artificially high. More specifically, out of the 2.48 billion euros

    6%

  2. New Democracy tax pledges put spotlight on available fiscal space
    Photo by MacroPolis

    EconomyProgramme

    that for individuals, the monthly payment would be reduced to 20 euros from 30, while the interest rate would drop.... Ceilings on spending have already been set, at 45.2 billion for primary expenditure, 6.7 billion

    6%

  3. Newsletter 227 -08/11/2019

    Newsletters

    rose sharply by 476,413 month-on-month in September compared to a drop of 144,448 in August. Trade... and revised spending ceilings. September’s monthly general government (gg) primary cash surplus came

    6%

  4. Newsletter 229 -22/11/2019

    Newsletters

    drop in foreign and domestic bonds of 1.25 billion, along with falls in repos (-841.1 million... million euros. spending ceilings in areas where spending was under-executed consistently over recent

    6%

  5. Newsletter 420 - 12/04/2024

    Newsletters

    supply recorded a drop of 1.4 pct.... year, stressing that spending ceilings will play a more prominent role in the surveillance process

    6%

  6. Greek Q4 GDP down 2.6 pct, shrinks 3.7 pct in 2013 - better than troika estimates

    EconomyMacroeconomy

    decelerating from the 3 percent drop posted in the third quarter, according to flash estimates... leading to a 7.3 percent drop in total final consumption expenditure. Another factor negatively affecting... similar trend (low double-digit drop) over the past three quarters. ELSTAT’s latest flash estimates

    6%

  7. Building activity continues to crumble, falling by 20.7 pct in Feb

    EconomyMacroeconomy

    Statistical Authority (ELSTAT). The drop in the February figures for surface and volume was less.... The highest drop in building activity was recorded in Epirus and the Ionian Islands at 35.6 and 34.5... building activity has remained stable at around 22 percent over the past few years. The sharp drop

    6%

  8. Apartment prices fell 7.5 pct in Q1, down for the 21st successive quarter

    EconomyMacroeconomy

    showing a 63.3 percent drop YoY. The volume and value of appraisals showed a similar move slumping... been heading south since then. It has seen a cumulative drop of 34.7 percent. The decline... posted in Q1 2007. A similar trend with a drop in excess of 90 percent is also evident in the volume

    6%

  9. Greek loan rates remained well above euro area average in October

    EconomyMacroeconomy

    the 2-percent mark since Greece’s accession in the eurozone in 2002. The drop in October led the year... easing by more than 3 percentage points. Despite the sharp drop, the Greek time deposit rate still... in October, with the year to date drop close to 60 bps. On the loan front, the most important movement

    6%

  10. Greek retail trade turnover index declined by 3.7 pct in December
    Photo by MacroPolis

    EconomyMacroeconomy

    volume fell by 4.6 percent suggesting that the drop in the respective turnover is fully owed to the drop...) and furniture and electrical and household equipment (-5.1 percent) posted a drop above the headline... to the Christmas period. Only automotive fuel recorded a MoM drop in December sales by 4.3 percent, fully

    6%