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  1. Central govt debt falls for first time in six quarters, easing by 1.25 bln to 357.69 bln in Q1
    Photo by MacroPolis

    EconomyMacroeconomy

    in Q4. The debt breakdown by residual maturity showed that long-term (over 5 years) debt made up 77.2 percent of the total, while short-term (up to 1 year) and medium-term (1 to 5 years) debt

    6%

  2. GDP rises by 0.2 pct QoQ in Q1, increases by 1.3 pct YoY

    EconomyMacroeconomy

    increasing by 8.1 percent compared to Q4. Imports of goods and services rose by 5 percent QoQ, while exports... of 1.1 percent in Q4. General government consumption fell by 5 percent QoQ and declined by 4.1 percent

    6%

  3. Wages index up by 1.8 pct in Q1 YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) Wages Index rose by 1.8 percent year-on-year (YoY) in the first quarter (Q1) of 2019, following an upward revised rise of 5 percent in Q4, Hellenic Statistical... in Q1 2018 came to a YoY increase of 5 percent. On a quarterly basis, the index fell by 1 percent

    6%

  4. Retail turnover falls by 2 pct in Apr, volume declines by 2.7 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    from a revised increase of 5 percent in March. As with the retail index, the volume index has... and cosmetics. This was followed by automotive fuel (-5 percent), supermarkets (-3.2 percent) and clothing

    6%

  5. New government holds first talks with creditors, may opt for cautious fiscal approach
    Photo by MacroPolis

    EconomyProgramme

    the interest rate from 5 to 3 percent. It will also be easier for companies to apply. Reports suggest... are expected to resume from September 5, when the next Euro Working Group meeting will be held

    6%

  6. Mitsotakis promises 'new normality,' lines up tax cuts straight away

    PoliticsGreek Politics

    be brought down from 5 to 3 percent. He added that companies owing up to 1 million euros would be allowed... percent (and from 24 to 20 percent next year). The tax on dividends will be reduced from 10 to 5

    6%

  7. Central government debt down to 356.55 bln in Q2, average maturity tops 20 yrs
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    showed that long-term (over 5 years) debt made up 76.6 percent of the total, while short-term (up to 1 year) and medium-term (1 to 5 years) debt accounted for 13.4 and 10 percent of the total figure

    6%

  8. Trade deficit rises by 6.3 pct in July
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    . The deficit came to 1.83 billion euros in July compared to 1.53 billion euros in June. Imports came to 5..., aggregate imports and exports increased by 6.7 percent and 5 percent, respectively. Without these two

    6%

  9. Hotel owners sound warning over Thomas Cook revenue losses
    Photo by MacroPolis

    EconomyFeatures

    were 1, 2 or 3 star establishments, 32 percent were 4 start and 21 percent were 5 star. The lower..., while those with 2 stars faced a loss of 58 percent. Hotels with 3, 4 and 5 stars faced losses of 39

    6%

  10. Newsletter 223 -11/10/2019

    Newsletters

    to 4.11 billion euros, showing a decline of 5 percent YoY. At the same time, exports totalled 2.38 billion... of 5 percent in July. The annual movement in the index was driven largely by a 23.1 percent decrease

    6%