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  1. Crisis-era productivity in Greece lowest among OECD countries

    EconomyFeatures

    gross value added per hour worked was higher than the EU average. However, for the business services... such as further reducing barriers to competition for professional services and the remaining sectors

    4%

  2. Hirings balance in August turns negative by 7,748
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    negative balance were catering services (-6,547), the food industry (-3,822) and accommodation (-3,560). The increase in education and reduction in catering services reflect the high seasonality

    4%

  3. CPI up by 1.1 pct in Sept for highest rise since Nov 2017
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    in August, while the goods’ and services’ indices rose by 1.6 and 0.4 percent, respectively... in communication due mainly to a rise in the price of telephone services. This rise was followed by transport (+3.8

    4%

  4. Hirings balance positive by 6,556 in September but momentum slows down year-on-year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    services (-34,580), accommodation (-20,516) and retail trade (-4,345). As with August, the increase in education and reduction in catering services reflect the high seasonality of these two industries

    4%

  5. Hirings balance negative by 120,087 in October on seasonal movements
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    (-85,064), catering services (-34,612) and retail trade (-7,720). As with September, the increase in education and reduction in catering and accommodation services reflects the high seasonality

    4%

  6. September current account surplus at 550.8 mln as goods deficit increases
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The services balance improved to 2.81 billion from 2.74 billion, or an increase of 2.8 percent YoY... percent to 40.48 billion. The services balance surplus rose by 775.8 million to stand at 16.51

    4%

  7. Greek tax rate hikes among highest in OECD countries, tax report shows
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    . Broken down by component, social contributions, VAT, taxes on goods and services and taxes on property... 9.8 billion to 14.3 billion. Meanwhile, revenues from taxes on goods and services went from 17.1

    4%

  8. Hirings balance negative by 33,249 in November as seasonality impact begins to tail off
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    accommodation (-36,310), catering services (-4,046) and travel and travel agency activities (-2,146). As with October, the increase in education and reduction in catering and accommodation services reflects

    4%

  9. October current account deficit at 871.3 mln as goods balance worsens
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    excluding oil which grew by 33.6 percent. The services balance improved to a surplus of 1.79 billion from..., while imports rose by 15.7 percent to 45.91 billion. The services balance surplus rose by 1.20

    4%

  10. Private sector employees increase in 2018 along with average wage rise of 4.6 pct
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    trade, 12.6 percent in catering and food services and 9.9 percent in wholesale trade... and food services and 10.1 percent in wholesale trade, remaining more or less unchanged from

    4%