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  1. EU funds and limited expenditure drive primary budget surplus to 2 bln in Feb
    Photo by MacroPolis

    Economy

    to the final data released by the Ministry of Finance (MoF) on Monday. The state budget balance... remained flat month on month at circa 300 million. As a result, PIB balance to February showed a surplus... expenditure items such as grants to Single Health Services Organisation (EOPYY), social protection

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  2. Stress mounts ahead of ECB's tests on Greek banks
    Photo by MacroPolis

    Economy

    of a static balance sheet on year-end 2013. The zero growth assumption applies for both the baseline as well as the adverse scenario. However, the EBA noted that exemptions from the static balance... and the European Commissioner for Internal Markets and Services Michel Barnier were also present

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  3. Greek economic sentiment and consumer confidence fall for third month in a row
    Photo by MacroPolis

    EconomyMacroeconomy

    of 104.1 posted in June, Greek ESI has lost almost 5 points. However, the year to date balance remains... to -47.7 in June recording a cumulative drop of 8 points thereafter. Nevertheless, the balance since... gains of more than 30 points, services confidence decreased by 7.5 points to 14.8 in September. Retail

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  4. Significant rises for Greek economic sentiment, consumer confidence in October
    Photo by MacroPolis

    EconomyMacroeconomy

    (YtD) balance remains positive, showing an improvement of slightly less than 11 points from the 91.4... peaked in June at -47.7 and eased by more than 3 points since then. However, the YtD balance... points to -0.6 in October with the YtD gains at 10 points. Services confidence showed a relatively

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  5. Newsletter 33 - 03/07/2015

    Newsletters

    percent of outflows, with the outstanding balance reaching 45.2 billion at the end of those six..., the average deposit balance stands at less than 1,500 euros, half of Bank of Greece data shows the value... is unlikely to en masse favour being part of a national emergency government. The other possibility

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  6. More than half of Greek households rely mainly on pensions

    Society

    , the government will have to take measures that will ensure a balance between the goal of fiscal... and taxes. The collapse in domestic demand, the report continued, has resulted in a negative balance for almost all goods and services, such as clothing and footwear, gifts, eating and drinking out

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  7. Net job hirings of 14,437 in the Greek private sector in February
    Photo by MacroPolis

    EconomyMacroeconomy

    The employment balance displayed net hirings of 14,437 in February, down by 687 from last year’s... contributors to the employment balance in February relate to January relate to accommodation (+1,993), wholesale trade (+1,198) and food and catering services (+1,196). In contrast, the highest net

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  8. Net job hirings in private sector reach record high of 90,631 in April

    EconomyMacroeconomy

    The employment balance showed net hirings of 90,631 in April 2016, up by 10,408 compared...). This is the third successive positive balance this year and is the highest monthly reading since 2001, when... services (+18,891) and retail trade (+8,484). In terms of professions, the highest net hirings

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  9. Newsletter 81 - 08/07/2016

    Newsletters

    at the end of May. New electoral law hangs in balance Critics say changes could lead to short-lived... the supermajority it is looking for hanging in the balance until then. If the government can secure 200 out... and salaries and 19.3 percent in goods and services. In addition, the technical MoU clarified that further

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  10. General government primary cash surplus expands to 3.9 bln by August, arrears drop further to 6.3 bln

    EconomyMacroeconomy

    balance turned to a surplus of 614 million from deficit of 637 million a year ago. In addition, local... budget is now the second key contributor to the overall gg primary balance after extrabudgetary... and services (+883 million), social benefits (+638 million), transfers (+494 million) and purchases

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