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Budget continues to perform strongly in July as VAT beats target by over 1 bln
EconomyMacroeconomy. It has also received a new tranche from the RRF of 884 million euros, below target by 374 million euros.
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Primary surplus at 6.5 bln up to August as taxes continue strong trend
EconomyMacroeconomy. Overall, the PIB was in a roughly 1 billion euros deficit. Greece has also received 884 million euros year
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VAT continues to drive budget performance in Aug, at 1.21 bln above target
EconomyMacroeconomyby 1.97 billion euros, as noted. It has also received a new tranche from the RRF of 884 million
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The conundrum of Greek olive oil exports
EconomyFeaturesof the olive press is where the problem lies. Over 60 percent of what Greece produces is immediately... largest producer of olive oil. In reality, the windfall is unlikely to manifest in local coffers.... One company which has carved a niche overseas with their packaged olive oil products is Gaea
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Producer prices skyrocket by 48.8 pct in Apr as energy products shoot up by 90 pct
EconomyMacroeconomyGreece’s Producer Price Index (PPI) recorded another explosive rise in April, shooting up by 48.8... of products sold in the domestic market was 48.1 percent YoY, led by 100.1 percent higher prices for refined petroleum products, followed by electricity and gas at 89.4 percent and manufacture of wood
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Growth in producer prices slows further to 4.7 pct as food products jump by 12.6 pct
EconomyMacroeconomyThe pace of Greece’s Producer Price Index (PPI) slowed significantly in February, when it rose... monthly drops over the latest 12-month period. The rise of products sold in the domestic market reached 4.7 percent annually, led by food products manufacturing with 12.6 percent, followed by paper
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Greece’s embattled commercial steel market industry braced for more challenges
EconomyFeatures24 hours paid by Greece. Greece produces 100 percent of its crude steel via the electric arc.... This barrier to being able to offer competitive export prices led to steel producer Arcelor Mittal, owner of Konti Steel in central Greece, to close its plant in 2011. Another steel producer, Hellenic
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Rises in refined oil products push producer prices up by 14.9% YoY in August
EconomyMacroeconomyGreece’s Producer Price Index (PPI) accelerated further in August to 14.9 percent year-on-year (YoY..., and mining of metal ores up 24.1 percent. The products sold in the domestic market were up by 8.9 percent, led by refined oil products that jumped by 61.7 percent, electrical equipment rising by 17 percent
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Labour compensation and productivity in the EU-27 and Greece
Agorathe government “produces” in total. It can thus be that if the government decides to give all civil servants a hefty wage increase, that “income” from government, and hence gross value added “produced... from the “income side.” The production--or supply--side tells us how much has been produced
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New regime on electricity producers from RES/CHP stations foresees further investments in Greek energy market
LegalIn early August 2016, Greek Parliament passed Law No. 4414 on the "New support scheme for electricity producers of Renewable Energy Sources (RES) and Combined Heat and Power High Performance (CHP... (Differential Increment) for the electricity they produce. The differential premium is calculated
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