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  1. Increase in number of services that saw their turnover decrease in Q2

    EconomyMacroeconomy

    The evolution of turnover indices for the services sector showed a worsening performance in Q2 2014, with 10 out of the 14 types of services, or specific activities of services as they are referred to, posting a negative growth, according to the Helleni...

    12%

  2. Almost all services in Greece saw decline in Q3

    EconomyMacroeconomy

    The evolution of the turnover indices for the services sector showed a further worsening in the third quarter (Q3) of 2014 with 12 out of the 14 service activities recording a drop, according to the Hellenic Statistical Authority (ELSTAT). In the preced...

    12%

  3. Office prices and rents saw substantial fall in H1 2014

    Economy

    The Bank of Greece (BoG) published on Monday for the first time its commercial property price and rent indices. The released data concerns office and retail price and rent levels of prime investment property and cover the period from the first half (H1)...

    12%

  4. Greek households saw net financial wealth plummet by 37.5 pct during crisis
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Τhe impact on Greek households’ financial wealth and liabilities during the crisis years is examined in a study included in the latest statistical bulletin published by Bank of Greece on Wednesday. The study showed that the net financial wealth of Greek...

    12%

  5. Banks saw asset quality and liquidity trends improve in Q4 but process interrupted in 2017

    Agora

    Greek banks concluded the release of their fourth quarter (Q4) results last week, which showed an improved financial and asset quality performance overall. Almost all the core banks recorded a positive bottom-line result for Q4 and turned profitable for...

    12%

  6. Tax chief's departure brings coalition revenue plans under scrutiny
    Photo by MacroPolis

    PoliticsGreek Politics

    euros. #Greece new unpaid taxes at €763 mln in Apr (from €1.21 bln in Mar) & at €4.33 bln year

    10%

  7. Budget execution shows primary surplus of 711 mln, 503 mln ahead of target

    EconomyMacroeconomy

    period. This implies an average figure exceeding 1 billion per month. Although the April figure of 763

    10%

  8. Unpaid taxes keep rising, tax audits short of targets

    EconomyMacroeconomy

    Greece’s unpaid taxes rose by 873 million in May at a slightly accelerating pace compared to the 763 million recorded in April, according to data provided by the General Secretariat of Information Systems. Following May’s performance, the year to date figure of new unpaid tax obligations stands

    10%

  9. Unpaid taxes rose by 1 bln a month in H1 2014, collection targets missed

    EconomyMacroeconomy

    The rate of increase in Greece’s unpaid taxes accelerated to 1.03 billion euros in June from 873 million in May and 763 million in April, according to data provided by the General Secretariat of Information Systems, which also revealed that most tax collection targets are being missed. The June

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  10. Primary cash surplus widens to 2.85 bln in Q1

    EconomyMacroeconomy

    Greece’s central government primary cash balance improved to 2.85 billion euros in the first quarter (Q1) of 2016 from 1.19 billion last year, Bank of Greece (BoG) figures showed on Wednesday. In March, the primary cash surplus widened by 11.1 percent to 763 million from 687 million

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