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  1. Accommodation and food services turnover jumps 22.2 pct in Q4 2014

    EconomyMacroeconomy

    percent for the whole year, mainly reflecting the strong negative rates in the August – October period... framework, mainly related to VAT on islands and hotel services. According to SETE a potential change

    1%

  2. Car sales in Greece up 26.8 pct in February

    EconomyMacroeconomy

    figure of 102,359 is 70 percent lower than the 2008 number of 347,354 and mainly reflects a sharp... recovery in 2014 mainly reflected increased rent-a-Car fleets due to a strong tourism season as well

    1%

  3. Greek CPI drops at slower rate of 2.2 pct in Feb for 24th straight month of deflation

    EconomyMacroeconomy

    successive month by 0.6 percent in February, mainly attributed to the winter sales period which started...), followed by transport (-5.4 percent), mainly reflecting falling oil prices, and education (-3.1 percent

    1%

  4. Wages index rises at slower pace of 1.4 pct in Q4 2014

    EconomyMacroeconomy

    , it mainly incorporates: “voluntary” wage cuts, reduction in salaries imposed by the new collective labor... in Q3. Compared to the previous quarter, it posted a rebound of 6.9 percent mainly attributed

    1%

  5. Budget primary surplus falls to 1.24 bln at end of Feb as revenues miss target

    EconomyMacroeconomy

    billion, yet it missed the target by 212 million, mainly due to lower personal income tax by 221..., dropping by 4.5 percent to 3.78 billion euros, 329 million short of target. This is mainly attributed

    1%

  6. Greek deposits fell by 7.7 bln in Feb and total of 24.6 bln since Dec

    EconomyMacroeconomy

    billion, which is the lowest reading since April 2005. The negative flow in February mainly reflects... of withdrawals were in banknotes and short-term instruments (mainly money market funds), while the remaining one

    1%

  7. Higher revenues set to ease coalition's liquidity concerns
    Photo by MacroPolis

    EconomyProgramme

    that March revenues exceeded targets mainly due to the fast-track settlement of tax arrears... on February 28) by corporates as well as by increased revenues from fuel tax, mainly reflecting higher

    1%

  8. Greek trade deficit drops by larger rate of 27.2 pct in Feb

    EconomyMacroeconomy

    is the third lowest reading over the past fourteen months. The trade deficit decrease in February is mainly... for the 2-month period displayed trade deficit declined by 24.3 percent to 2.7 billion. This movement mainly

    1%

  9. Car sales up by 29.5 pct in Mar for 19th straight rise
    Photo by MacroPolis

    EconomyMacroeconomy

    on the 2008 number of 347,354 and mainly reflects a sharp decrease (above 30 percent per annum) in the 2010-2012 period. The strong rebound in 2014 was mainly attributed to increased Rent-a-Car fleets

    1%

  10. This is where Greek gov't could find cash to cover May's obligations
    Photo by MacroPolis

    EconomyProgramme

    investors, mainly via the cash reserves of the state-owned enterprises that were transferred... (mainly banks, insurance companies, pension funds etc). c) Payment to the IMF of 880 million in two

    1%