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Budget execution shows primary surplus of 711 mln, 503 mln ahead of target
EconomyMacroeconomyof 620 million to April) more than offsetting lower Public Investment Budget (PIB) balance (-129 million... revision mainly reflects higher forecasts for revenues (by 1 billion), more than offsetting higher... is lower than the 495 million recorded in April. In contrast, the May budget deficit stood at 839
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Primary surplus at 1.24 bln in Feb on lower spending and recovering revenues
Economy, primary expenditure was 591 million better than target, PIB balance was 318 million better than expected, while tax refunds were 145 million higher than target. A broadly similar pattern was also evident... to lower primary expenditure by 538 million euros a a higher Public Investment Budget balance
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Revenues 705 mln short in June but expenditure above target by 961 mln
Economybetter than target and PIB balance 430 million above target The 6-month budget deficit remained almost... procurement (by 295 million) coupled with a higher Public Investment Budget (PIB) balance (by 1.54 billion), which more than offset the revenue shortfall by 1.68 billion. On a monthly basis, revenues (before
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General gov't primary cash surplus shrinks in first half of 2015 as state arrears grow
EconomyMacroeconomyThe general government (gg) primary cash surplus contracted by more than 1.6 billion euros to 238... budget widened by more than 1.1 billion euros to 1.72 billion in the 6-month period and remained the key positive contributor of the overall gg balance. Local government's primary balance still remains
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Q1 GDP contracts 0.4 pct QoQ and 1.3 pct YoY, broadly in line with estimates
EconomyMacroeconomyfigure is slightly better than polls pointing to a GDP contraction of 0.5 pct QoQ, while... balance of payments as well as quarterly unemployment and turnover indices for the service sectors... displayed in the YoY comparison with GDP down 1.4 percent in Q1 slightly higher than the 1.2 percent
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General gov't figures shed more light on course of spending, revenues during crisis
EconomyMacroeconomy’s primary balance has been slashed by 25.5 billion euros, largely reflecting a sharp cut in the annual primary expenditure by 33.26 billion, mostly due to cut in wages and pensions, more than... of 25.9 percent over this period, the revenue-to-GDP ratio rose by more than 9 percentage points (pp
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IMF downgrades Greek GDP and unemployment forecasts
EconomyMacroeconomyreflects the weaker-than-expected GDP outcome in the fourth quarter (Q4) of 2016, as well as the negative... stands at 1 percent for 2022, lower than its previous forecast of 1.8 percent for 2021. The report also... points (pp) within 2018 is much lower than that (-1.9 pp) estimated for this year. Consumer prices
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Apartment prices up by 2.5 pct in Q3 as recovery trend continues
EconomyMacroeconomycontinues to not publish transactions and appraisals data. In other indicators, the housing loan balance has contracted by more than a quarter since the end of 2010. The household lending sector’s negative balance stood at 131.2 million euros, improving from 125.9 million in the previous month. This led
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Unemployment at 18.6 pct in October as unemployed fall by 12.2 pct year-on-year
EconomyMacroeconomy135,033 more hirings than departures. Ergani noted that the balance for the first 11 months of the year... force came to 4.72 million in October, slightly lower than the figure of 4.76 million noted in September... Ministry’s Ergani database for November showed that there were 33,249 more departures than hirings
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Newsletter 267 -02/10/2020
the balance in the Council, between member-states with a critical approach to Turkey such as Austria... from corporations to tackle late payments, higher than the EU average of 47 percent. Greek... percent compared to 2018. Half of households surveyed spent more than 1,151 euro per month. The main
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