Economy
Rise of exports slowed in 2019, with goods suffering dip
Greek exports appear to be undergoing a slowdown according to the latest export figures available, showing that in 2019, exports of goods grew by only 1 percent year-on-year (YoY).
Car sales rise by 8.3 pct in January
Road motor vehicles going into circulation for the first time rose by 8.3 percent in January after an increase of 21 percent in December, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday.
Strong performance of 15-year bond bodes well for market strategy
The strong appetite for Greece’s sovereign debt has been visible over the last few weeks across the curve, with yields as low as 0.3 pct for the 5-year issue.
Industrial production declines by 4.5 pct in Dec
Greece’s Industrial Production Index (IPI) dropped by 4.5 percent in year-on-year (YoY) in December compared to a downward revised drop of 9 percent in November according to Hellenic Statistical Authority (ELSTAT) data released on Monday.
New tax debt at 8.02 bln to Dec, down by 26.7 pct versus 2018
The month-on-month rise in Greece's new tax debt jumped by 1.06 billion euros in December, data from the Independent Authority of Public Revenues (IAPR) has shown.
Bumper year for business launches in 2019, according to registry
Data from the General Commercial Register database (GEMI) has shown that the number of companies launching as opposed to closing hit record levels in 2019.
Piecemeal process likely in drive for more fiscal space
It is becoming increasingly clear that the Greek government will have to be patient in its bid to gain greater fiscal space, a move that would allow it to live up to its promise to voters of easing the tax burden.
Athens takes heart from Gentiloni, Lagarde comments but still has distance to cover
During the first visit to Athens of the new Economic Affairs Commissioner Paolo Gentiloni, the Greek government stepped up its efforts to secure more fiscal space that will allow it to continue its policy of tax cuts.
Trade deficit falls by 7.2 pct in December and rises by 5.2 pct in 2019
Greece’s trade deficit dropped by 7.2 percent year-on-year (YoY) in December compared to a rise of 7 percent in November, data from the Hellenic Statistical Authority (ELSTAT) released on Friday showed.
Unemployment continues decrease in Nov, falling to 16.5 pct
Greece’s seasonally adjusted (SA) unemployment rate came to 16.5 percent in November from 16.6 percent in October, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.