Macroeconomy

Results 1741 to 1750 out of 1777.

Photo by Harry van Versendaal Tourism turnover index slows but signs remain positive

Turnover Index in Accommodation and Food Services rose 1.2 percent in the third quarter 2013, decelerating from the 5.2 percent posted in the second quarter, according to Hellenic Statistical Authority (ELSTAT). The improvement - one again - confirms the strong tourism season in Greece this year.

Manufacturing PMI in Greece hits a 51-month high in November

Greek Manufacturing PMI rose to a 51-month high of 49.2 in November from 47.3 in October as output at Greek manufacturers rose for the first time since September 2009, according to Markit. At the same time, new orders stabilised, after having fallen in the previous month, while the decrease in employment decelerated.

Greek retail sales tumbled another 6.4 pct in September

Retail sales headed south for yet another month with the contraction rate decelerating to 6.4 percent in September from 8.9 percent in August, according to Hellenic Statistical Authority (ELSTAT). A broadly similar trend and drop of 5.4 percent was also evident in retail volumes.

Photo by Harry van Versendaal OECD's Greek debt forecast shakes foundations of troika DSA

The secretary general of the Organization for Economic Cooperation and Development (OECD), Angel Gurria, handed Antonis Samaras the Paris-based body’s Economic Survey for Greece on Wednesday. It contains staggering projections with regard to the country’s debt and gives the Greek prime minister and his cabinet much to think about.

Greek deposits slip in October as credit also contracts by 3.9 pct

Greek private sector deposits decreased by 0.6 percent month on month (mom) in October, with balances reaching 160.38 billion euros, according to the Bank of Greece (BoG). Net flow remained negative for the fifth consecutive month, with outflows slightly slipping at 630 million in October from 719 million in September.

Results 1741 to 1750 out of 1777.