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  1. Car sales down 17 percent in February

    EconomyMacroeconomy

    increased by 13.5 percent in 2015 after a strong rise by 30.1 percent in 2014 and a modest rebound by 1.3... with new and cheaper to run diesel models. In addition, the strong rise posted in May and June last year

    7%

  2. Travel receipts fall 4.7 pct in Jan but surplus rises to 32.1 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    strong double-digit growth from the US (+63.2 percent) followed by Germany (+4.6 percent... to SETE, the key preconditions for strong tourism performance and confirmation of its forecasts this year

    7%

  3. Budget primary surplus of 2.68 bln in first quarter, but March trims outperformance

    EconomyMacroeconomy

    percent to 11.67 billion, outperforming target by 370 million fully attributed to the strong revenue.... PIB Following a strong performance in the preceding two months, PIB revenues stood at just 32

    7%

  4. Elektroniki’s bankruptcy reflects struggles of consumer electronics sector
    Photo by MacroPolis

    EconomyFeatures

    of Kotsovolos, mentioned strong year on year sales in Greece as a contributing factor to their 21 percent rise... indicator eased 0.2 points to 3 in March 2016, after recording strong gains of 34.2 points over

    7%

  5. EC expects milder recession of 0.3 pct in 2016, sees debt to GDP at 178.8 pct in 2017
    Photo by Stuart Chalmers via Flickr https://flic.kr/p/49JB98

    Economy

    by a positive net exports on the back of another year of strong tourism performance and positive... involve revenue administration reforms as well as revenue buoyancy in the aftermath of the strong

    7%

  6. IMF sets out stall ahead of crucial Eurogroup by proposing immediate debt relief
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyProgramme

    concerns that undermine the assumptions for a strong economic recovery in the coming years. The first... course. The Fund argues that upfront debt relief would send a “strong and credible signal to markets

    7%

  7. Five-month budget primary surplus of 2.27 bln, revenues outperform in May

    EconomyMacroeconomy

    outperformance is largely attributed to an ongoing strong underspend, with primary expenditure 2.06... by 501 million. Following the strong revenue performance in May, the aggregate figures

    7%

  8. BoG reveals medium-term economic forecasts, sees growth of 2.5 pct next year
    Photo by MacroPolis

    EconomyMacroeconomy

    of 2018. Following two recessionary years, the BoG estimates a strong GDP rebound of 2.5 and 3... is supported by strong tourism, positive prospects in services and trade companies, low wage cost and lack

    7%

  9. Car sales fall 2.5 pct in June after impressive growth in preceding two months
    Photo by MacroPolis

    EconomyMacroeconomy

    of 17,290 recorded in May. As we have previously noted, the strong growth rates in April and May.... The strong growth in sales over the last two years is attributed to the renewal of rental fleets

    7%

  10. Greek stocks rebound for second straight week and edge up 2.5 pct

    Economy

    billion euros, notably outperforming the target by 3.51 billion on the back of strong underspend... 0.9 percent after the strong rebound of 10.7 percent in the preceding week. They have gained 6.4

    7%