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Current account balance shows surplus of 300.6 mln in May
EconomyMacroeconomythe acquisition of NBG Pangaea Real Estate Investment Company by Invel Real Estate B.V. Portfolio investment
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Minister's clash with catering sector highlights pitfalls ahead as pandemic squeezes economy
PoliticsGreek Politicsand representatives of the food service sector. The backlash forced the usually unapologetic Georgiadis
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Newsletter 283 -05/02/2021
parties and representatives of the food service sector. The backlash forced the usually unapologetic
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Newsletter 478 - 03/10/2025
% of respondents saw real household benefits, while 53% saw none and 22% saw minor gains. In contrast, 70... falling in Q1 2009 with a 3.3 pct YoY drop and remained in contraction until Q4 2017. The property index.... It was not until 2023, and under social and political pressure, that the centre-right New Democracy
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April saw first rise in Greek banks' Eurosystem funding this year
EconomyMacroeconomyGreek banks’ Eurosystem funding increased by 1.27 billion in April, showing a monthly rise for the first time since December 2013, according to the Bank of Greece's (BoG) monthly financial statement. The headline figure stood at 61.96 billion at the end...
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Most Greeks saw income fall over last year, limiting purchasing power
SocietyThe results of a survey by the Labour Institute (INE) of the General Confederation of Greek Workers (GSEE), which was published on July 17, highlighted how salary earners’ purchasing power has been limited. The survey, conducted in cooperation with Alco...
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Increase in number of services that saw their turnover decrease in Q2
EconomyMacroeconomyThe evolution of turnover indices for the services sector showed a worsening performance in Q2 2014, with 10 out of the 14 types of services, or specific activities of services as they are referred to, posting a negative growth, according to the Helleni...
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Almost all services in Greece saw decline in Q3
EconomyMacroeconomyThe evolution of the turnover indices for the services sector showed a further worsening in the third quarter (Q3) of 2014 with 12 out of the 14 service activities recording a drop, according to the Hellenic Statistical Authority (ELSTAT). In the preced...
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Tsipras has until Sunday to keep Greece in euro, must pass measures immediately
PoliticsGreek PoliticsGreece's European lenders told Prime Minister Alexis Tsipras on Tuesday that he has just a few days left to keep his country in the eurozone. At the end of a day that included a Eurogroup and euro area summit, European Council President Donald Tusk and ...
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Tsipras ponders delaying snap elections until debt relief talks start
PoliticsGreek PoliticsGreek Parliament is expected to vote on the country’s third bailout of around 85 billion euros with international lenders on Thursday after the negotiating teams appeared to reach an agreement on Tuesday morning. Thursday’s vote could prove decisive in ...
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