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  1. Budget primary surplus of 1.1 billion slightly outperforms target by 77 million in Q1
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    revenues fell 2.2 percent in March and 1.6 percent to 19.77 billion in Q1, falling short of target... payments eased 0.9 percent to 2.43 billion in Q1, 34 million higher than target. Overall, total

    19%
  2. Industrial turnover growth slows to 2.2 pct YoY in Jan with modest manufacturing gains
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyMacroeconomy

    Greece’s industrial turnover growth slowed in January, rising by 2.2 percent year-on-year (YoY), from a 5.7 percent increase in December, according to data released by the Hellenic Statistical... the non-domestic market was down by 4.8 percent. On a monthly basis, industrial turnover in the total

    19%
  3. If you think it's bleak for Greece now, wait until tomorrow
    Photo by Harry van Versendaal

    Agora

    track record over the last 40 years is not a source for great optimism. Greece’s total factor productivity growth since 1970 has been averaging 0.7 percent, by far the lowest in the euro area, which... that will endanger its clientelistic interests, total factor productivity in Greece is not seen

    19%
  4. Newsletter 178 -12/10/2018

    Newsletters

    years, after a total surplus of 0.7 percent in 2016 and 1.1 percent in 2017. It also underlines... in the last quarter of this year, expecting the Greek economy to grow by 2.2 percent, from 2.7 percent... April, and 1.2 percent in 2019, from 1.1 percent previously. In the medium term, CPI is seen rising

    18%
  5. New overdue taxes up by 776 mln in March, total stock at 101.44 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent of the total figure for new tax, or around 3.31 billion, stems from tax categories... month in the first quarter of 2018, another 1.19 billion of taxes went unpaid. The total number of tax debtors fell again in March by 56,432 after declining notably in February by 143,036. The total

    18%
  6. New overdue taxes rise by 766 mln in Jan, total stock at 99.44 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent of the month’s total (693 million) stems from tax categories. The remainder is related to the four key taxes. The total number of tax debtors rose in January by 38,458 and came to 4.1 million... balance in the following month. The total for legacy tax arrears (i.e. those created before 2017) rose

    18%
  7. New overdue taxes rise by 849 mln in August with total stock at 102.81 bln

    EconomyMacroeconomy

    tax becomes due. Just over 88 percent of the total figure for new tax, or roughly 5.65 billion, stems... according to the latest data from the IAPR. The total number of tax debtors dropped by 131,661 month-on-month after having risen sharply in July, and came to 3.8 million. The total for legacy tax

    18%
  8. Contraction of 0.1 pct in Q4 sees 2018 GDP fall slightly below target at 1.9 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by 2.2 percent from a rise of 2.6 percent in Q3. The figures showed that nominal GDP grew by 2.5 percent... to the corresponding quarter last year, private consumption increased by 1.1 percent in Q4 and matched the YoY rise of 1.1 percent noted in Q3. General government consumption rose by 1.5 percent QoQ and declined

    17%
  9. Newsletter 184 -23/11/2018

    Newsletters

    , which is expected to grow by nearly 12 percent. Private consumption is forecasted to rise by 1.1.... These fiscal interventions total 910 million euros, nearly evenly split between lowering taxes and increased... surveillance framework at the end of February. OECD sees GDP rising by 2.2 pct in 2019 Travel

    17%
  10. Newsletter 205 -10/05/2019

    Newsletters

    that the bonus would be paid out to around 2.5 million pensioners in total (around 600,000 of these earn... another 800 million euros, while the impact of the measures in 2021 is estimated at a total of 1.22 billion euros, followed by 2.33 billion in 2022. This comes to a total of 5.5 billion euros over

    17%