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  1. EC ups growth to 2.2 pct in 2019, sees growth in 2020 at 2.4 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The European Commission updated its economic estimates for Greece on Thursday, as part of the regular winter forecast cycle, revising upward its expectations for the growth of 2019 to 2.2 percent... growth stands at 2.2 percent. Net exports are the main contributor for last year’s performance

    15%

  2. CPI rises by 2.2 pct in Sept as prices shoot up at highest rate since 2012

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) continued its march in September, increasing by 2.2 percent year-on-year (YoY), after a 1.9 pct rise in August, according to the latest data from the Hellenic... beginning to capture the price hikes felt across the economy. The latest figure of 2.2 percent has not been

    15%

  3. Industrial production concluded 2023 with modest annual growth of 2.2 pct
    Photo via https://flic.kr/p/UF5yPQ

    EconomyMacroeconomy

    to a modest rise of 2.2 pct YoY. Month-on-month (MoM), the seasonally adjusted index in December... and equipment. The monthly movement was led by increases of 5.2 percent in mining and 2.2 percent

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  4. PBO affirms strong macro and fiscal trajectory, growth seen at 2.2 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    was a solid 2.2 pct, investments were subdued. The PBO’s outlook remains broadly unchanged, with a small downward revision to 2.2 pct growth for 2025, from 2.3 pct previously. On the fiscal front, the PBO

    15%

  5. Unpaid taxes up to 1.22 bln in October as total reaches 71.2 bln

    EconomyMacroeconomy

    of October from 62.55 at the end of 2013. The drop by 2.2 billion year to date reflects payments of 1.42... below the annual targets. Note that targets were set as a percentage of collections over total taxes

    15%

  6. Unpaid contributions rise to 33.86 bln as more legacy debtors added
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    short of 1.4 million. Most debtors, 49 percent of the total, owe less than 5,000 euros for a total... at 382,650, representing a rise of 86,911 from the previous quarter. The relevant amount rose by 859 million

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  7. Value of HFSF participation in Greek banks falls to 17 billion
    Photo by MacroPolis

    EconomyBanking

    corresponding to only 1.8 percent of the total amount. Although initial press reports had indicated... of 859 million was recorded due to the drop in the valuation of bank warrants. The highest negative

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  8. Greek households switch to natural gas in record numbers as winter approaches
    Photo via Flickr https://flic.kr/p/faksxt

    EconomyFeatures

    in the Special Consumption Tax, from 230 to 280 euros per kilolitre. At the same time, the total amount... between September 2017 and September 2018. The total savings by a household from switching to natural... by households. Natural gas’s share of the total energy consumed by Greek households has risen from almost

    14%

  9. Retail index fell by 2.2 pct in Feb but trend improving

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index fell by 2.2 percent year on year (YoY) in February, while volume slightly rose by 0.6 percent, according to the Hellenic Statistical Agency (ELSTAT). Both headline figures showed an improving trend for the second straight month. On a monthly basis

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  10. Industrial Production Index in negative territory for the year, at -2.2 pct in April

    EconomyMacroeconomy

    The Greek Industrial Production Index (IPI) fell 2.2 percent in April following a downward revised 2.7 percent drop posted in March, according to the Hellenic Statistical Authority (ELSTAT). This is the eleventh negative reading over the past 16 months. Electricity production was the only

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