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Overdue social security contributions decrease slightly to 35.11 bln in Q2
EconomyMacroeconomythat for the relevant period in 2018, and represented a rise of 4.3 million QoQ. Overall, KEAO has collected revenues
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Industrial production rises by 0.3 pct in Jun and 1.2 pct in 6-month period
EconomyMacroeconomy-on-month to stand at 1.7 points. Year-on-year, industry confidence has fallen by 3.7 points. Additionally
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Budget primary surplus reaches 1.78 bln in July, almost double target
EconomyMacroeconomyhas under-executed spending by 627 million euros. Interest payments came to 3.63 billion, 189 million
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Industrial turnover drops by 7.5 pct in June
EconomyMacroeconomypoints. Year-on-year, industry confidence has fallen by 3.7 points.
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Government gets back to work with shuttle diplomacy and legislation
PoliticsGreek Politicsof the commitment to deliver a 3.5 percent primary surplus up until 2022. Although his government has made clear
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Primary cash balance surplus at 1.52 bln in July
EconomyMacroeconomyseven months of the current year, the PIB balance has worsened by 842 million euros. The Ministry
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Travel balance rises 15.7 pct in June, aggregate visitors drop 0.5 pct
EconomyMacroeconomyGreece’s travel balance rose to 2.42 billion euros in June from 1.36 million euros in May, Bank of Greece (BoG) data has shown. This reflects an annual rise of 15.7 percent. Receipts came to 2.62 billion euros, increasing by 16.4 percent year-on-year (YoY). Travel payments also increased by 25.3
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Moody's holds on rating update stressing need for reform
EconomyMoody’s was expected to complete the latest round of ratings reviews for Greece after S&P in spring and Fitch earlier in August. However the rating agency held back from any action and did not update its rating for the country. This is not the first time that Moody’s has taken a more cautious
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Capital controls to be abolished ahead of schedule
EconomyBankingwould become a thing of the past, adding that “faith has been restored in the Greek economy
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Credit contraction at 0.1 pct in Jul, balance at 160.33 bln
EconomyMacroeconomyhas been experiencing a contraction for the last six years, with the loan balance down by around 37.8
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