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  1. Retail sales up by 14.1 pct in Aug, volume rises by 4.4 pct

    EconomyMacroeconomy

    The growth in Greece’s retail sales picked up pace in August with a rise of 14.1 percent year-on-year (YoY), following a downwards revised 11.5 percent in July, Hellenic Statistical Authority (ELSTAT) data showed on Monday. The corresponding volume index rose by 4.4 percent annually in August

    30%
  2. Energy leads import price jump of 4.4 pct YoY in June
    Image via www.moh.gr

    EconomyMacroeconomy

    Greece’s import price index accelerated further in June, rising by 4.4 percent year-on-year (YoY), after a 2.8 percent increase in May, according to data released by the Hellenic Statistical Authority (ELSTAT) on Wednesday. The index recorded more than one year of consecutive negative readings

    28%
  3. Q1 travel receipts up 4.4 pct YoY, arrivals also on the rise
    Photo by MacroPolis

    EconomyMacroeconomy

    in March 2024. For the first quarter of 2025, travel receipts increased by 4.4 percent to 1.07 billion

    27%
  4. Easter timing pushes retail sales down markedly in May with -4.4 pct YoY fall
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s retail sales had a sharp drop of 4.4 percent year-on-year (YoY) in May, after marked growth of 7.4 percent in April, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. The corresponding volume index also had a significant drop of 5.6 percent YoY, from a 7.4 percent jump

    25%
  5. Greece's golden visa scheme brings revenues, but risks as well

    EconomyFeatures

    3,644 Russia 429 990 Turkey 308 811 Egypt 109 265 Lebanon 109 310 Iraq 84 320 Ukraine 83 181 Syria... laundering checks. More stringent checks could deter a portion of potential applicants

    24%
  6. General gov't primary cash surplus markedly better in July but arrears climb

    EconomyMacroeconomy

    deterioration posting a deficit of 395 million in the 7-month period compared to a surplus of 812 million...’ figure up 47 million YtD to 255 million (4.4 percent of total), local governments up 35 million

    20%
  7. Greek Jan-Apr primary budget surplus rises above 1 bln despite revenue shortfall

    Economy

    to beat targets by 310 million, yet at a slower pace compared to the previous months. The year... taxes beat the targets by 237 million. In particular, VAT retreated 4.4 percent in April and 1.8

    19%
  8. Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock
    Photo by MacroPolis

    EconomyBanking

    in the ECB QE programme having sold 4.4 billion in EFSF bonds by the end of January 2017. Gross... bps to more than 310 bps in 2020. It also sees the cost to income ratio falling below 45 percent

    19%
  9. Reactions to reshuffle continue as government seeks fast track prosecution of former minister
    Photo by MacroPolis

    PoliticsGreek Politics

    . On Monday, Deputy Energy Minister Nikos Tsafos came under fire from opposition parties over... to show understanding for some of Turkey’s claims in the Aegean make Tsafos unsuitable to hold such a sensitive post. Tsafos, who had previously served as Mitsotakis’s advisor on energy, was forced

    19%
  10. Newsletter 50 - 06/11/2015

    Newsletters

    the capital needs of Greek banks at 4.4 billion euros under the baseline and 14.4 billion under... with Europe for such patrols to take place in order to deter traffickers from sending refugees across

    16%