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  1. Total overdue tax obligations rise to 101.86 bln in Dec, new debt up by 1.30 bln
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s new tax debt rose by 1.3 billion euros in December, rising from November’s figure of 1.19 billion, data from the Independent Authority of Public Revenues’ (IAPR) has revealed. New unpaid obligations from tax categories rose by 1.26 billion, gro...

    7%
  2. General govt primary cash surplus at 5.93 bln in Dec, arrears fall by 584 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s general government (gg) primary cash surplus ​amounted to 5.93 billion euros in the in the full year of 2017, up by 1.07 billion compared to the same time last year according to the Finance Ministry’s (MoF) monthly gg bulletin. Social security ...

    7%
  3. Industrial production grows by 0.2 pct in Dec and 4.1 pct for full year
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) increased by 0.2 percent in December after November’s figure was revised upward to 2 percent, Hellenic Statistical Authority (ELSTAT) data revealed on Friday. Across 2017, the IPI remained consistently in posit...

    7%
  4. Unemployment rate at 20.8 pct in Dec as employed rise by 107,687 in 2017
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate came to 20.8 percent in December, after November’s figure was revised upward to 21 percent, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday. In December, a rise of 8,378 people employ...

    7%
  5. Building activity down by 6.7 pct in Dec after rising by 8.6 pct in 2017

    EconomyMacroeconomy

    Building permits fell by 6.7 percent in December against a rise of 16.4 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data released on Monday showed. The data revealed that the final month of the year recorded an absolute number...

    7%
  6. Car sales rise by 4.1 pct in Dec, taking annual increase for 2018 to 22.6 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time rose by 4.1 percent in December after an increase of 12.3 percent in November, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. During December 2017, the year-on-year rise cam...

    7%
  7. CPI up by 0.6 pct in Dec, matching annual average increase for 2018
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) rose by 0.6 percent in December from an increase of 1 percent in November, Hellenic Statistical Authority (ELSTAT) data showed on Friday. After several years of deflation, 2017 marked the first year of consistent pric...

    7%
  8. Primary surplus confirmed at 3.34 bln in Dec, misses annual target by 367 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance was confirmed at a surplus of 3.34 billion euros in 2018, according to the final budget execution bulletin for December published by the Finance Ministry (MoF) on Friday. The figure for a year ago came to 1.94 billion, represe...

    7%
  9. Trade deficit grows by 5.1 pct in Dec, full-year increase comes to 1.1 pct
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit rose by 5.1 percent year-on-year (YoY) in December, falling slightly against the rise of 5.7 percent seen in November, data from the Hellenic Statistical Authority (ELSTAT) released on Thursday showed. The deficit stood at 1.70 bi...

    7%
  10. New overdue taxes rise by 1.25 bln in Dec, total for 2018 at 106.62 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    The month-on-month rise in Greece's new tax debt came to 1.25 billion in December, increasing from November’s figure of 857 million data from the Independent Authority of Public Revenues (IAPR) showed this week. The aggregate figure for 2018 showed that...

    7%