Search
-
Retail sales up by 14.1 pct in Aug, volume rises by 4.4 pct
EconomyMacroeconomyThe 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% -
Energy leads import price jump of 4.4 pct YoY in June
EconomyMacroeconomyGreece’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% -
Q1 travel receipts up 4.4 pct YoY, arrivals also on the rise
EconomyMacroeconomyin March 2024. For the first quarter of 2025, travel receipts increased by 4.4 percent to 1.07 billion
27% -
Easter timing pushes retail sales down markedly in May with -4.4 pct YoY fall
EconomyMacroeconomyGreece’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% -
General gov't primary cash surplus markedly better in July but arrears climb
EconomyMacroeconomydeterioration 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
21% -
Greek Jan-Apr primary budget surplus rises above 1 bln despite revenue shortfall
Economyto 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% -
Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock
EconomyBankingin 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% -
Reactions to reshuffle continue as government seeks fast track prosecution of former minister
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% -
Fresh accusations against NGOs as govt hardens stance on migration
PoliticsGreek Politicsproving that NGOs were helping to transport Somali refugees to Turkey, paying for their visas... were also shown video testimony purporting to be from Somali migrants, who said they were told
16% -
Conference on Cyprus: foot-dragging towards a dead end
Agora. The final stages of the Annan Plan negotiations were held in Bürgenstock. The Conference on Cyprus... of the Cyprus Republic. The ratios provided by the Annan plan were 2:1 for the government and 3:1... for the last 40 years. In fact, the Greek-Cypriots have already overwhelmingly rejected a plan (the Annan
15%