Economy
Eight in 10 tourist visits to just five regions, six nationalities generate half of receipts
The research arm of the Greek tourism institute, INSETE, has released a study breaking down the nature of tourism to Greece by geographic area and type of tourist.
BoG awaits go-ahead from DG Comp over NPL scheme
The Bank of Greece (BoG) has reportedly finalised, in collaboration with Rothschild & Co, its plan for the reduction of bad loans on the books of the country’s systemic banks.
Overdue social security contributions decrease slightly to 35.11 bln in Q2
The stock of unpaid social security contributions (SSCs) fell to 35.11 billion in the second quarter (Q2) of 2019, declining by 274 million compared to the figure of 35.36 billion euros registered in the first quarter.
Eurosystem funding rises by 64.9 mln in July
Greek banks’ Eurosystem funding rose by 64.9 million euros month-on-month (MoM) in July according to the monthly Bank of Greece's (BoG) financial statement.
Building permits increase by 7.4 pct in May
Building permits rose by 7.4 percent year-on-year (YoY) in May compared to a rise of 14.6 percent in May, Hellenic Statistical Authority (ELSTAT) data released on Friday showed.
Industrial production rises by 0.3 pct in Jun and 1.2 pct in 6-month period
Greece’s Industrial Production Index (IPI) increased by 0.3 percent year-on-year (YoY) in June compared to a revised decrease of 0.1 percent in May, Hellenic Statistical Authority (ELSTAT) data revealed on Friday.
Increase in car sales slows markedly in July
Road motor vehicles going into circulation for the first time increased by 0.3 percent in July versus a 4.9 percent rise in June, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
CPI remains static in July
Greece’s Consumer Price Index (CPI) remained static in July following a drop of 0.3 percent in June, figures from the Hellenic Statistical Authority (ELSTAT) showed on Thursday.
Unemployment falls to 17.2 pct, stays below 18 pct for second month
Greece’s seasonally adjusted (SA) unemployment rate came to 17.2 percent in May from a downward revised rate of 17.4 percent in April, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
PBO highlights budget, recovery risks in latest report
The quarterly report of Parliament’s Budget Office (PBO) raises some concerns on the budget front as developments over the last months have increased fiscal risks, although achieving the target of 3.5 percent of GDP for this year remains feasible.