Economy
Pension reform to be one of new government's toughest challenges in next weeks
Reform of the Greek pension system will be one of the thorniest issues in the third bailout programme that the new government will have to tackle. It is a key milestone in the coming months.
Travel receipts up by a modest 3.5 pct in July in aftermath of capital controls
Greece's travel receipts grew by 3.5 percent in July from 1.2 percent in June, Bank of Greece (BoG) figures showed on Tuesday.
Cash primary surplus improves by 32.4 pct to 3.07 bln on revenue boost in August
Greece’s central government primary cash surplus grew by 32.4 percent to 3.07 billion euros in the 8-month period of 2015 from 2.32 billion in the corresponding period last year, Bank of Greece (BoG) figures displayed on Monday.
No time for Tsipras to celebrate as long list of tasks means pressure is on from start
The new coalition government to be sworn in on Tuesday after Sunday’s snap elections has a series of challenges ahead of it, most of which stem from the commitments and deliverables outlined in the third bailout programme signed a month ago.
Current account surplus jumps to 4.25 bln in July on SMP returns and nosedive in imports
Greece's current account (C/A) balance had a surplus of 4.25 billion euros in July, which is 3.3 times higher compared to the 1.27 billion posted last year, according to Bank of Greece (BoG) data published on Monday.
Tax arrears rise again in August as 645 mln in new debt added for total of 6.92 bln this year
Greece’s new unpaid taxes resumed an accelerating trend growing by 645 million euros in August from 388 million in July, General Secretariat of Information Systems (GSIS) data showed on Monday.
Greek stocks gain 3.5 pct during week as investors wait for election fog to clear
Greek shares traded mostly on positive ground this week, with the Athens Stock Exchange general index recording gains of 3.5 percent.
Industrial turnover records its sharpest drop in six years, down 15.4 pct in July
The Greek Turnover Index in Industry dropped by 15.4 percent in July from a revised 12.9 percent decline in June, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.
![en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]](resources/toolip/img-thumb/2013/10/10/unemployment_1000_myrto_1010-medium.jpg "Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]")
Unemployment rate eases to 24.6 pct in Q2 as number of employed jumps
After increasing in the preceding two quarters, the non-seasonally-adjusted unemployment rate fell by two percentage points (pp) to 24.6 percent in the second quarter (Q2) of 2015 from 26.6 percent in Q1, the Hellenic Statistical Authority (ELSTAT) data displayed on Thursday.
Budget revenues rebound in August but shortfall remains at 4.2 bln
Greece’s budget primary surplus almost doubled to 3.8 billion euros in the 8-month period of 2015 from 1.95 billion euros last year, the Finance Ministry (MoF) preliminary budget figures showed on Wednesday.