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  1. Newsletter 143

    Newsletters

    according to the Finance Ministry’s (MoF) monthly gg bulletin. The primary surplus of the state budget rose... and dropped by 2.2 percent YoY, taking final consumption expenditure down by 0.1 percent QoQ and 1

    4%

  2. Unemployment rate at 20.9 pct in November, slight upward revision for October
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    and 17.3 percent, respectively. Unemployment for those aged 45-54 fell by 2.2 pp to 16.6 percent... budget for 2018 the Greek government revised unemployment figures to stand at 21.7 percent in 2017

    4%

  3. Newsletter 150 -26/01/2018

    Newsletters

    in 2017. Revenue from taxes dropped by 2.2 percent to 47.40 billion, while social security contributions... month In its final budget for 2018 the Greek government revised unemployment figures to stand

    4%

  4. CPI falls by 0.2 pct in Jan, first negative figure since Nov 2016
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    in miscellaneous goods and services (-2.2 percent), household equipment (-2.1 percent) and clothing... HICP for 2017 fell short of both these projections. The Finance Ministry’s latest draft budget

    4%

  5. Moody's upgrades rating to 'B3,' amid confidence about political outlook, economic prospects
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    the view that the budget targets are likely to be met even if economic growth turns out to be more... percent and 2.2 percent for 2018 and 2019 respectively, but with a much higher degree of confidence

    4%

  6. Rating agencies up Greece's scores, adding to positive outlook
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    that the budget targets are likely to be met even if economic growth turns out to be more moderate..., seeing growth reaching 2.6 percent, with Moody’s more conservative at 2.2 percent. The political

    4%

  7. CPI declines by 0.2 pct in March for year’s second negative reading
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent. March’s decline stems largely from a fall of 2.2 percent in miscellaneous goods and services... in health (-0.5 percent) and housing (-0.2 percent). The Finance Ministry’s projection in the budget

    4%

  8. Newsletter 164 -01/06/2018

    Newsletters

    at 2.3 percent in the 2018 budget, and what implications this could have for the effort to achieve... February’s figure of 104.3. Although the overall index rose, consumer confidence decreased by 2.2

    4%

  9. CPI rises by 1 pct in June, staying positive for third month
    Photo by MacroPolis

    EconomyMacroeconomy

    (+2.2 percent) and household equipment (+0.4 percent). A fall of 0.3 percent was noted in miscellaneous goods and services. The Finance Ministry’s projection in the budget sees the HICP rising by 0.8

    4%

  10. BoG report notes challenges to Greek economy, issues warning over high fiscal targets
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    contained in the budget. A variety of reasons were given for this, including lower growth rates... a long period (3.5 percent of GDP per year by 2022 and 2.2 percent of GDP on average over the period

    4%