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  1. Greece on track for bumper tourism year, figures show
    Photo by Pavlos Svoronos/Fosphotos

    EconomyFeatures

    visitors showed a sharper drop of 36.6 percent to 15,700. It is worth noting that the first quarter... up to June of this year further boosted the outlook for a strong tourism season. They showed

    5%
  2. Sharp increase in May arrivals, particularly from Germany, delivers travel balance boost
    Photo by MacroPolis

    EconomyMacroeconomy

    percent to 201.5 million. As a result, the travel balance came to a strong surplus of 1.27 billion euros... Russia has recorded a significant drop of 35 percent to 36 million euros. During the first five months

    5%
  3. Fitch upgrades Greek rating to 'BB-', three notches from investment grade
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    over the period, debt is expected to drop to 123 percent by 2030 from 182.7 percent of GDP... uncertainty and a strong tourism season. Fitch expects this deposit growth trend to continue. Looking forward

    5%
  4. Moody's explains cautious approach to Greek credit rating upgrade
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    in the creditor countries make the current strong support over the long term less assured. On the liquidity... 3.6 percent in 2018 and 3.3 percent in 2019. Public debt will drop to 177.7 percent in 2019

    5%
  5. Industrial production up by 2 pct in September

    EconomyMacroeconomy

    increased by 4.6 percent, following a sharp drop of 11.3 percent in August, which was the largest MoM... from 53.6 points in September although orders and employment remain strong, marking more than

    5%
  6. Newsletter 186 -07/12/2018

    Newsletters

    continued to fall. There were 10,154 fewer unemployed people in September versus August, a drop... in the last eight months, while output was strong and driven by solid client demand. New orders rose

    5%
  7. Tsipras set to secure support for name deal after delay to vote
    Photo by MacroPolis

    PoliticsGreek Politics

    to gather 153 votes in favour of the agreement in Friday’s vote, despite the strong opposition... also drop by 0.5 points to 22.5 percent. Golden Dawn remained in third place with 8 percent

    5%
  8. Newsletter 196 -01/03/2019

    Newsletters

    by 1.55 bln Drop in sight deposits main driver of outflows for the month Total deposits, which also... compared to strong inflows of 3.15 billion in December, Bank of Greece (BoG) figures showed this week

    5%
  9. January current account deficit at 1.18 bln as underlying components deteriorate
    Photo via Flickr https://flic.kr/p/oDf3bQ

    EconomyMacroeconomy

    , leading to a travel balance of 66 million, a strong increase against the balance for last year which... noted in both accounts. This was attributed by the BoG to a drop in net receipts from other primary

    5%
  10. EC spring forecast sees growth of 2.2 pct in 2019, 2020 but warns of hampered public investments
    Photo by TP via Flickr https://flic.kr/p/5WRaRc

    EconomyMacroeconomy

    strong exports. As the report noted, GDP grew by 1.9 percent in 2018. Exports grew by 8.7 percent... before settling at an increase of 10.8 percent next year. The drop in investment in turn impacted public

    5%