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Primary budget surplus in Nov at 1.2bln euros, 2013 target in reach
EconomyGreece’s budget execution to November showed a primary surplus of 1.21 billion euros from a deficit... the monthly performance, revenues excluding tax refunds rose by 7.4 percent to 4.24 billion in November... in November with the 11 months figure down 7.3 percent to 39.27 billion. Furthermore, the marked drop
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A closer look at Greece's 2013 budget primary surplus of 603 mln
EconomyMacroeconomythat for certain expenditure elements that were lagging behind targets significantly until November, the picture... at just 42.8 percent of the annual target until November closed the year at 92.3 percent, operational...-allocated expenditure rose from 50.8 percent in November to 79.6 percent in December. The marked
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Greek gg primary cash surplus at 2.2 bln in 2014, arrears down to 3.75 bln
EconomyMacroeconomythe end-November figure of 3.68 billion. The released figures also showed that the gg cash deficit... security funds (SSF) at 80 million from a surplus of 435 million by November. Nevertheless, the state..., at an accelerating pace of 17.6 percent after a 9.6 percent drop in November. December reading indicates
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New Democracy decides on date for leadership vote, candidates get on the road
PoliticsGreek PoliticsNew Democracy has decided to hold its leadership election on Sunday November 22, with a run-off vote between the two leading candidates (if needed) due to take place a week later, on November 29... proposed mid-November. According to reports, the party’s electoral committee decided to extend
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Greek stocks edge up in week of big losses for banks
Economya year ago. Next week, Hellenic Exchanges and Jumbo release their Q3 results on November 23, OPAP on November 24, Mytilineos and METKA on November 25, Aegean Airlines and Folli-Follie on November 26 and EYDAP on November 27.
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Greek PMI edges up to 48.1 in Nov, suggest pace of deterioration slowing
EconomyMacroeconomyGreece’s Manufacturing PMI continued heading north by 0.8 points to 48.1 in November from 47.3 in October, a Markit survey displayed on Tuesday. Although the November reading is the highest over... in November mainly due to a lack of demand. At the same time, the incoming new orders further
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Car sales resume double-digit growth rate in Oct with 15.2 pct rise
EconomyMacroeconomyinto circulation for the first time) rebounded by 15.2 percent in November, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. The November growth rate represents the ninth positive reading.... In absolute terms, the additional road motor cars reached 8,892 in November, which is the highest reading
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Deflation drops to 0.2 pct in Dec, at 1.7 pct for 2015
EconomyMacroeconomyfrom 0.7 percent in November, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday... in December, after easing by 0.1 percent in November, turning positive for the first time since February... percent month on month (MoM) almost offsetting the drop by 9.3 percent MoM in November, which
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Newsletter 59 - 22/01/2016
message is not convincing, his government faces a torrid time over the next few weeks. November sees C/A deficit Greece posted a current account deficit of 1.22 billion euros in November after five straight... Greece’s Turnover Index in Industry fell again in November but by the lower rate of 10.1 percent
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Retail sales drop at a faster pace of 5.5 pct in Nov
EconomyMacroeconomyThe turnover of Greece’s retail trade index fell for the sixth straight month In November... Agency (ELSTAT) data displayed on Friday. The November headline figure is the tenth negative reading... at a faster pace by 4.5 percent in November from 2.4 percent in October for the sixth successive
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