Search
-
Question mark over pension cuts in 2019 draft budget as Athens looks to lenders
EconomyProgrammeThe Greek government will not include next year’s pension cuts, or will at least present a scenario in which they are not implemented, in the 2019 draft budget due to be submitted to Parliament on Monday as it steps up its efforts to scrap the measure, ...
11% -
Underwhelming GDP highlights investment falling short of mark
EconomyMacroeconomyThe signs that the Greek economy has been slowing were evident in previous GDP releases for 2023, as minor movements were recorded during the year and, after the latest revision, the first quarterly drop was seen in Q3. There was a minor 0.1 pct contrac...
11% -
Growth of travel receipts in 2024 slows to 5.4 pct as arrivals go past 35 mln-mark
EconomyMacroeconomyGreece's travel balance recorded a surplus of 149.9 million euros in December, compared to 419.9 million euros in November, according to data released by the Bank of Greece (BoG) on Friday. The December balance was 53.4 percent higher than the 97.7 mill...
11% -
Konstantopoulou dominates opposition politics as PASOK and SYRIZA struggle to make mark
PoliticsGreek PoliticsThe opposition parties have tried to play down the latest increase to the minimum wage, which the government announced on Wednesday, arguing that it is of little help to Greek households that are struggling to meet rising costs. Prime Minister Kyriakos ...
11% -
Budget execution shows primary surplus of 711 mln, 503 mln ahead of target
EconomyMacroeconomyperiod. This implies an average figure exceeding 1 billion per month. Although the April figure of 763
10% -
Unpaid taxes keep rising, tax audits short of targets
EconomyMacroeconomyGreece’s unpaid taxes rose by 873 million in May at a slightly accelerating pace compared to the 763 million recorded in April, according to data provided by the General Secretariat of Information Systems. Following May’s performance, the year to date figure of new unpaid tax obligations stands
10% -
Primary cash surplus widens to 2.85 bln in Q1
EconomyMacroeconomyGreece’s central government primary cash balance improved to 2.85 billion euros in the first quarter (Q1) of 2016 from 1.19 billion last year, Bank of Greece (BoG) figures showed on Wednesday. In March, the primary cash surplus widened by 11.1 percent to 763 million from 687 million
10% -
Newsletter 121 - 02/06/2017
is almost attributed to corporate sector net additions of 763 million outpacing household lending deductions
10% -
Budget primary surplus at 4.66 bln in 11-month as expenditure falls, revenues rise
EconomyMacroeconomyof 763 million euros, landing above target by 1.58 billion euros. Revenues Gross revenues edged down
10% -
Eurogroup doesn't end in tie for Tsipras
AgoraDid Greece get what it wanted out of Thursday’s meeting of eurozone finance ministers... is whether German Finance Minister Wolfgang Schaeuble got what he wanted. Invariably, the answer... wanted (mainly changes to the pension and tax systems), it would then put pressure on the eurozone
10%