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  1. Budget primary surplus confirmed at 5.02 bln in Dec
    Photo by MacroPolis

    EconomyMacroeconomy

    last year, interest payments stood at 4.68 billion. Across 2019, total expenditure came to 55.27... expenditure came to 5.64 billion, below the target by 508 million. Overall, the PIB balance landed

    8%
  2. Budget primary balance confirmed at 495 mln in January
    Photo by MacroPolis

    EconomyMacroeconomy

    and services were above target by 2 million euros and came to 42 million euros. Total revenues.... Revenues from taxes landed at 4.01 billion euros, below target by 44 million euros. Transfers

    8%
  3. Budget primary surplus at 823 mln in February
    Photo by MacroPolis

    EconomyMacroeconomy

    . During the first two months of the year, total expenditure came to 8.66 billion, under the target..., overshooting the target by 42 million. Overall, the PIB balance landed on a deficit of 61 million

    8%
  4. Budget primary surplus confirmed at 831 mln in Feb
    Photo by MacroPolis

    EconomyMacroeconomy

    of the year, total expenditure came to 8.66 billion, under the target by 175 million. The MoF noted... million, overshooting the target by 42 million. Overall, the PIB balance landed on a deficit of 61

    8%
  5. Budget primary surplus at 595 mln in March
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    three months of the year, total expenditure came to 12.93 billion, under the target by 125 million... the target by 59 million. Overall, the PIB balance landed on a surplus of 97 million euros

    8%
  6. Disposable income edges up by 0.2 pct YoY in Q4, final consumption up by 2.7 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    contributions (-0.2 percent). The figures showed that employees’ total remuneration rose by 4.3... now remained in positive territory for eleven consecutive quarters. The absolute figure landed

    8%
  7. Budget primary surplus at 494 mln in Mar amid first signs of Covid-19 impact on revenues
    Photo by MacroPolis

    EconomyMacroeconomy

    the first three months of the year, total expenditure came to 12.93 billion, under the target..., overshooting the target by 59 million. Overall, the PIB balance landed on a surplus of 97 million euros

    8%
  8. Disposable income falls by 0.4 pct YoY in Q1, final consumption down by 0.5 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    ) and social contributions (+0.1 percent). The figures showed that employees’ total remuneration rose... landed at 27.89 billion euros compared to 28 billion euros a year ago. An increase of 31.7 percent

    8%
  9. Budget deficit balloons to 8.2 bln euros in July amid measures linked to pandemic
    Photo by MacroPolis

    EconomyMacroeconomy

    the first seven months of the year, total expenditure came to 34.76 billion, overshooting the target by 4.6..., overshooting the target by 2.29 billion. Overall, the PIB balance landed on a deficit of close to 3 billion

    8%
  10. H1 results for Greek corporates show signs of pandemic biting
    Image via www.gekterna.com

    EconomyCorporates

    Greece’s largest power company, the majority state-owned Public Power Corporation’s (PPC) first half (H1) results for 2020 revealed that revenue fell by 2.4 percent during the quarter. In total... half (H1) of the year landed on a loss of 7.2 million euros. Results before tax showed a loss of 8.3

    8%