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  1. Tourism could give economy annual 5 bln boost, NBG report finds
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyFeatures

    billion in 2008, generating 73 percent of the external service surplus in the same year compared... prices and the wider revenues spent on goods and services. On that note, the report highlights

    3%

  2. Unemployment rate edges down to 21.1 pct in Q2, lowest since Q4 2011
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , where 33,600 more persons were employed. This was followed by accommodation and food service activities... and retail trade (18 percent of total), agricultural (12.1 percent), accommodation and food services (9.9

    3%

  3. Unemployment rate falls to 20.2 pct in Q3, lowest for almost six years
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    service activities (+17,700) and human health and social activities (+14,500). The three sectors... (18 percent of total), agricultural (11.8 percent), accommodation and food services (10.4 percent

    3%

  4. Entrepreneurs show lack of innovation, face many barriers to entry, study suggests
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyFeatures

    that they exported more than 25 percent of their product or service. Despite 64 percent of respondents... of those questioned said that many business offer similar services or products against an average of 52

    3%

  5. Hirings balance hits record high of 100,246 in April
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ), and financial service activities (-222). During the first four months of the year, there were 155,826..., the highest positive balance was noted in accommodation (52,609), followed by catering services (23,218

    3%

  6. Tsipras waits on name issue and debt talks, Mitsotakis pledges tax cuts for tourism
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    reduce VAT for the food service sector to 13 percent. This was a popular measure implemented... two VAT rates: 22 and 11 percent, with tourism-related services being in the lower bracket. He said

    3%

  7. Economic sentiment remains stable as retail confidence materially improves
    Photo by MacroPolis

    EconomyMacroeconomy

    , service confidence has dropped by 1.5 points. Retail trade continues the notable improvement with 4.8..., industry confidence has risen by 6.1 points. The services confidence fell for a third straight month

    3%

  8. Mitsotakis eyes tax cuts to jump-start economy, also seeks unity but not with SYRIZA
    Photo via @kmitsotakis

    PoliticsGreek Politics

    tax for the self-employed, cutting the VAT rate in the food service sector from 24 to 13 percent... through the outsourcing of some services. He suggested that savings of 2 billion euros of savings

    3%

  9. Economic sentiment drops in September to 101.3, consumer confidence picks up
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    confidence has shown a slight improvement of 0.1 points. The services index also dropped by 1.4 points to 10.5. Since the start of the year, service confidence has improved by 2.9 points. Retail trade

    3%

  10. Economic sentiment drops to 101 in October, consumer confidence rises by 6.6 points
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    points. The services index rose slightly by 0.2 points to 10.7 in October from 10.5 points in September. Since the start of the year, service confidence has fallen by 2.7 points. Retail trade fell by 4.6

    3%