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Q4 GDP contracts 1.2 pct QoQ, leading to recession of 0.1 pct for 2016
EconomyMacroeconomyof 2 percent in Q3, which also reflected a low base effect. The Q4 figure is also worse than the flash... percent QoQ and 2 percent YoY leading final consumption expenditure down 1.1 percent QoQ and up 0.6... consumption fell by 2.1 percent, leading total consumption up by 0.6 percent. Private consumption retains
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IMF's latest macro and fiscal estimates reflect economic stability
EconomyMacroeconomyeconomy growing by 2 pct this year and in 2026, with both estimates below the outlook the Greek... Outlook (WEO) of April that expected the economy in 2026 to grow by 1.8 pct, and 2 pct this year... by 3.1 pct this year and by 2.5 pct in 2026, moderating to 2 pct by 2030. The current account
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Finance Ministry challenges SYRIZA's plans for economy, ups cost
Economybillion above the 2 billion SYRIZA forecasts b) The increase in the Public Investment expenditure, which... to 12,000 euros (at 2 billion by the MoF, 500 million above that of SYRIZA) b) increased funds for local... for those under the poverty limit so that the total servicing of their obligations for taxes, bank loans
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Newsletter 74 - 20/05/2016
that 168 groups with total loans of 14.7 billion, of which around 74 percent were classified as non... would have high priority in the upcoming restructuring process. The total loan exposure of those five... would unlock the pending tranche of 5.6 billion, plus 2 billion for the clearance of arrears. Tsipras
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A sudden turnaround that could lead to sharp shock
Agorabusinesses, or 90 pct of the active total, being under some sort of support, encompassing a total of 2... closed in 2013, with the economy contracting by 3.2 pct. By 2013 total Greek economic activity had... transport take the lion’s share of services receipts, representing more than 83 pct of total
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Greece stands on fault line between vicious and virtuous cycles for 2016
Agorainterest bill is below 6 billion. In total, Greece needs 13.2 billion euros to meet all its debt... an extensive pensions cost saving exercise that has to deliver complete savings of 1 percent of GDP... the largest IMF installment of the year at 876 million, which leads to a total figure of IMF obligations
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Unpaid social security contributions hit 15.35 bln at end of 2015
Economy1 billion. From the total overdue contributions of 15.35 billion euros at the end of 2015, 11.31... and 30,000 euros each for a total amount of 1.26 billion. On the other side of the spectrum, just 1,028 debtors owe more than 1 million euros each for an aggregate amount of 3.47 billion euros
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General gov't primary cash surplus up to 5 bln in 2016, arrears fall by 1.1 bln in Dec
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus increased by 1 billion euros to 5 billion... of total expenditure with compensation following suit at 15.78 billion accounting for almost 20 percent of the total figure. Arrears Arrears to the private sector (including tax refund arrears) posted
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General govt primary cash surplus at 2.58 bln in March as revenues rise
EconomyMacroeconomyremained unchanged at 2.85 billion, representing less than 1 percent of the total. Guarantees The stock... million euros compared to 1 billion a year ago. The local government surplus fell by 26 million to 176.... Compensation of 4.18 billion euros accounted for 23.2 percent of the total. Arrears Arrears to the private
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Income and living conditions survey shows persisting inequality
Societythe age of 14. The total population’s risk-of-poverty rate was 20.2 percent in 2017, down by 1 percentage..., falling by 1.8 pps YoY. The rate fell by 1 point for the total population and those aged 18-64.... The decline manifested in the total population but also across all age groups except the over 65
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