MacroPolis
WEBThe issue of Greeks’ wages and spending power has become a thorn in the government’s side - aside from some data and research that place Greece at the bottom of EU tables in terms of real wages and purchasing power parity, the current administration has repeatedly pledged a rise of the average wage in Greece to 1,500 by the end of the term, currently standing just above 1,200 euros.
Economy - MacroPolis
WEBBudget comfortably beats target up to Aug thanks to 2 bln excess taxes, 3.6 bln underspend. The budget primary balance was confirmed at a surplus of 7.57 billion euros in August, compared to a surplus of 5.6 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data …
Survey of 2023 household budgets highlights lasting effects of …
WEB4 days ago · The latest household budget survey for 2023 was released by ELSTAT and it shows that inflation continues to have an effect on spending, while the long-lasting impact of the debt crisis is still prominent. At current prices, average annual expenditure per household in 2023 increased by 5.3 pct to 20,223 euros, and the impact of inflation is seen ...
From default to investment grade: A brief history of Greek debt
WEBMay 30, 2024 · Given that Greece’s general government debt has exceeded 350 billion euros in recent years and the debt-to-GDP ratio reached 160 per cent of GDP in 2023, the question is often asked whether the country is still vulnerable and at risk of another crisis. This paper, written for the Friedrich Ebert Foundation, outlines the reasons why the ...
Statistics - MacroPolis
WEBMacropolis provides you a unique service that brings together all the key statistical releases related to the Greek economy. This section allows visitors to view past releases from the Hellenic Statistical Authority (ELSTAT), the Bank of Greece, Finance Ministry and others. It provides a calendar so you can see when upcoming announcements are due.
MacroPolis
WEBGreece’s Manufacturing PMI remained in expansion territory in March, rising to 52.8 points, from 51.7 points in February, according to S&P Global data released on Monday.
PMI at 50.3 in Sept after falling for six straight months, posting ...
WEB5 days ago · New medium term plan to 2028 sees tight fiscal path, moderate growth once RRF concludes 13 minutes ago; Energy pushes producer prices down by 2.4 pct YoY in Aug 30/09/2024 - 13:10; Retail sales drop by 0.2 pct YoY in July as fuel leads slide 30/09/2024 - 12:42; Building activity remains in contraction for June with 1.7 pct YoY drop 27/09/2024 - 14:31; Industry boosts economic sentiment ...
Macroeconomy | MacroPolis
WEBUsed passenger vehicles boost car sales in July for 13.8 pct rise 09/08/2024 - 13:57. Road motor vehicles going into circulation for the first time rose by 13.8 percent year-on-year (YoY) in July, after a rise of 3.6 percent in June, according to Hellenic Statistical Authority (ELSTAT) data released on Friday.
Aug hiring balance improves annually, 8M up by 18,350 jobs
WEB4 days ago · Aug hiring balance improves annually, 8M up by 18,350 jobs. Greece’s employment balance improved year-on-year in August, with 5,081 more departures than hires, according to data from the Labour Ministry’s Ergani information system. The hiring balance in August last year saw 15,826 more departures, leading to a year-on-year improvement of ...
Greek fiscal deficits and debt since 2000 | MacroPolis
WEBDec 3, 2021 · Greece ran a cumulative deficit of €267 billion over the period 2000-2020. The biggest deficits were accumulated during the period 2000-2010 of some €176 billion; the decade thereafter saw deficits of €91 billion during the programs. The discrepancy between the increase in the stock of debt and the cumulative flows of all the deficits is ...