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  1. Turnover in tourism sector drops at an accelerating pace of 11.7 pct in Q1
    Photo by MacroPolis

    EconomyMacroeconomy

    previously disclosed. Travel figures for Q1 released on May 23 by the Bank of Greece (BoG) showed

    3%

  2. Building activity falls by 11.5 pct in March for third straight decline
    Photo by MacroPolis

    EconomyMacroeconomy

    billion euros over this period. The BoG’s latest figures indicate that almost 40 percent of outstanding

    3%

  3. Primary cash surplus widens to 2.66 bln in first five months of 2016

    EconomyMacroeconomy

    Greece’s central government primary cash balance climbed to 2.66 billion euros in the first five months of 2016 from 1.07 billion euros last year, Bank of Greece (BoG) figures showed on Friday. However, the monthly data points to a primary cash deficit of 277 million euros in May from a small

    3%

  4. Lower foreign arrivals lead to 7 pct drop in April travel receipts
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's travel receipts fell by 7 percent in April after a short-lived rise by 8.2 percent in March, Bank of Greece (BoG) figures displayed on Wednesday. In absolute terms, travel receipts stood at 443.3 million in April, while the corresponding payments eased 1.4 percent to 163.7 million

    3%

  5. Tourism and exports expect impact from Brexit fallout
    Photo via Flickr https://flic.kr/p/882r2x

    EconomyMacroeconomy

    Although the effect from Brexit is likely to be rather small and limited on Greek economy, according to Bank of Greece (BoG) sources, some sectors could feel an imminent impact from the recent turmoil in the UK. The first sector that could be negatively affected in the short-term is tourism. Last

    3%

  6. Newsletter 80 - 01/07/2016

    Newsletters

    . On the same day, the central Bank of Greece (BoG) figures showed modest deposit inflows of 184 million

    3%

  7. Minor changes in Greek deposit and lending interest rates in May
    Photo by MacroPolis

    EconomyMacroeconomy

    Greek households’ new time deposit rate slightly eased for the fifth straight month in May, when they fell by by 2 basis points (bps) to 0.85 percent from 0.87 percent in April, Bank of Greece (BoG) data displayed on Tuesday. The headline figure for May represents a new low since Greece entered

    3%

  8. HFSF executive board members resign

    EconomyBanking

    by the BoG. Meanwhile, HFSF has completed the review of Greek banks’ boards and committees

    3%

  9. Greek expats generating 9.1 bln in taxes abroad each year, study suggests
    Photo by MacroPolis

    Society

    Following a recent Bank of Greece (BoG) study showing that 427,000 Greeks have emigrated since the beginning of 2018, Endeavor Greece has now estimated that the brain drain reached 350,000 over the same period. According to a research provided by Endeavor, those individuals, who are typically

    3%

  10. Travel receipts drop at an accelerating pace of 10.4 pct in May despite growth in arrivals
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's travel receipts headed south for the second straight month dropping at an accelerating pace of 10.4 percent in May from 7 percent in April, Greece (BoG) figures showed on Friday. The absolute figure landed at 1.1 billion in May, while the corresponding payments fell by 5.5 percent to 179.6

    3%