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Budget primary deficit at 1.47 bln euros in Jan, revenue shortfall hits 812 mln

Mon, 15 Feb 2021 12:44:00 GMT

billion euros. Net revenues came to 3.85 billion euros, below target by 812 million euros... a deficit of 782 million euros for the month.

Opposition tries to pin government down over last year's Plan X

Thu, 07 Jul 2016 13:52:00 GMT

with the so-called Plan X that former Finance Minister Yanis Varoufakis worked on during the first half... a range of government officials, Plan X was never intended as a blueprint for Greece to follow... by Galbraith. Tsipras has admitted in the past that he received advice on the possible consequences of Greece

Rise in overdue contributions slows to 310 mln in Q3, total at 16.9 bln

Tue, 25 Oct 2016 07:39:00 GMT

The rise in unpaid social security contributions (SSCs) slowed quarter on quarter (QoQ) to 310 million euros in Q3 of 2016, from 831 million in Q2. The outstanding amount reaching 16.92 billion...). Overall, KEAO has collected revenues of 1.58 billion euros since 2013 with an acceleration

Budget primary surplus at 5.36 bln in 10-month, exceeding target on lower expenditure

Tue, 14 Nov 2017 16:39:00 GMT

for a seventh consecutive month to stand at 812 million, declining from September’s figure of 999 million..., unchanged from September. Although the figure has increased substantially against last year's (75

Economic sentiment drops to 101 in October, consumer confidence rises by 6.6 points

Tue, 30 Oct 2018 11:07:00 GMT

Greece’s economic sentiment (ESI) fell by 0.3 points to 101 in October compared to September, European Commission (EC) figures revealed on Tuesday. Sentiment has stayed above the 100-point mark... the index came to 99.8. Compared to October 2017, the ESI has risen by 2.5 points. Consumer confidence

Study casts light on unusual export profile, identifies areas for improvement

Tue, 05 Feb 2019 12:07:00 GMT

A study by the Dianeosis thinktank has shown that Greece’s export sector is hampered by public administration, structural barriers and introversion, and recommended several measures for both policy... exports. The report noted that Greece’s export profile was unusual in that exports represented a small

Economic sentiment reaches 101 pts in Dec, highest in more than 3 years

Mon, 08 Jan 2018 11:14:00 GMT

months of the year, when it edged up by 2.6 points to 101 from 98.4 in November, European Commission (EC... in 2017 and the monthly figure is the highest for the year. It is also the highest that ESI has reached... was agreed. During 2017, the ESI print has improved by 5.9 points, closing the year at a peak. Sentiment

Credit contraction stable at 1.6 pct in Feb, net deductions drop to 101 mln

Mon, 27 Mar 2017 11:37:00 GMT

of Greece (BoG) figures showed on Monday. Meanwhile, net deductions significantly slowed to 101... months, the corporate sector has posted cumulative marginal net deductions of 10 million, while... stock by 24.7 percent. The biggest nosedive during this six-year period has been posted in consumer

Budget primary surplus of 4.54 bln in 9-month below target despite underspend

Wed, 25 Oct 2017 08:40:00 GMT

the target by 35 million euros. Since September 2016, the state budget deficit has improved by 68.9.... For the nine-month period, revenues fell by 50.7 percent to 1.27 billion, missing the target by 101 million... in a row to come to 999 million euros, picking up pace from August’s figure of 520 million euros

Reflections on Greece's balance of payments

Fri, 28 Oct 2022 08:32:00 GMT

: consumption (C), investment (I), exports (X), and imports (M). Thus, when demand is equal to supply: Y = C + I + X - M. X - M describes the exports to abroad of what Greece produces in goods... domestically (including energy such as crude oil and natural gas). The balance X - M is called the “foreign