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  1. April produces first fall this year for car sales, which tumbled by 7.5 pct
    Photo by Andreas Simopoulos/Fosphotos

    EconomyMacroeconomy

    The number of vehicles going into circulation for the first time dropped by 7.5 percent in April after a surge of 43.5 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. The headline figure for April March i...

    5%

  2. Budget primary surplus of 1.73 bln outperforms target, tax revenues fall short in April
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The budget primary surplus was confirmed at 1.73 billion euros for the first four months of 2017, down by 9.4 percent from last year’s figure of 1.9 billion. The figure was 928 million euros above the target, the Finance Ministry’s (MoF) final budget ex...

    5%

  3. General govt primary cash surplus rises to 2.6 bln in 4-month, arrears fall below 5 bln
    Photo by Panayotis Tzamaros/Fosphpotos

    EconomyMacroeconomy

    Greece’s general government (gg) primary cash surplus edged up by 35 million euros from the previous year to 2.63 billion in the 4-month period of 2017, the Finance Ministry (MoF) gg bulletin showed. Social security funds (SSFs) were the only subsector ...

    5%

  4. Bank branches fall in 2016, degree of concentration highest in EU
    Photo by Aggeliki Koronaiou/Fosphotos

    EconomyBanking

    Greek banks reduced their branch network and employees in the domestic market further, according to the dataset of structural financial indicators for the EU banking sector which was published by the ECB. Bank branches in Greece were reduced by 215 to 2...

    5%

  5. Number of private sector employees rises in 2017 but wages fall
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The annual data from the Labour Ministry’s information system (Ergani) detailed the figures on private sector companies and workers in 2017. The information was gathered by data fed by firms electronically into Ergani and is released to summarise activi...

    5%

  6. Budget surplus beats July target on lower investment spending as tax refunds fall short
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s budget primary balance came to a surplus of 2.09 billion euros in the first seven months of 2018, according to the July preliminary budget execution bulletin published by the Finance Ministry (MoF) on Tuesday. Last year’s figure for the same pe...

    5%

  7. Budget primary balance at 498 mln in Jan as net revenues fall short of target
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance came to a primary surplus of 498 million euros in the first month of 2020, below target by 771 million euros, the Finance Ministry (MoF) preliminary budget execution bulletin showed this week. In the same period last year, the...

    5%

  8. Retail sales down by 1.5 pct in March for first fall in seven months
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s retail sales index fell by 1.5 percent in March from a slower increase of 3.6 percent in February, Hellenic Statistical Authority (ELSTAT) data showed on Friday. March’s negative reading stops seven consecutive positive months since July last y...

    5%

  9. Building permits fall by 22.4 pct in April
    Photo by MacroPolis

    EconomyMacroeconomy

    Building permits fell by 22.4 percent year-on-year (YoY) in April compared to a rise of 10.2 percent in March, Hellenic Statistical Authority (ELSTAT) data released on Monday showed. The total number of permits came to 973, falling below the 1,000 permi...

    5%

  10. Construction slides again in May with fall of 8.7 pct YoY in building permits
    Photo by MacroPolis

    EconomyMacroeconomy

    Building permits continued their decline in May, falling by 8.7 percent, following a much sharper drop of 22.4 percent year-on-year (YoY) in April amidst the lockdown, according to Hellenic Statistical Authority (ELSTAT) data released on Wednesday. The ...

    5%