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  1. PMI climbs to 52.2 in Aug, highest for nine years
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyMacroeconomy

    both domestic and foreign clients which led to firms hiring at the highest rate since January 2000... at the sharpest rate in 40 months. This round of growth is supported by a solid rise in new business

    5%

  2. Greek banks meet NPE reduction targets in Q2, write-offs remain primary source of reduction
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    on the asset quality trends in Q2, BoG noted that the quarterly default rate remains over 2 percent and still exceeds the cure rate, with write-offs being the main tool for NPE reduction. Write-offs

    5%

  3. Car sales rise by 31.3 pct in August
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . Passenger cars posted a higher growth rate of 20.3 percent to come to 92,617. In 2016, road motor cars rose by 11 percent, decelerating from the 13.5 percent growth rate recorded in 2015 and stood

    5%

  4. Building activity rises by 9 pct in June, permits above 1,000 for fourth month

    EconomyMacroeconomy

    Building permits rose by 9 percent in June compared to 45.7 percent in May, Hellenic Statistical Authority (ELSTAT) data released on Tuesday showed. The headline rate means that building permit... or negative growth rate. For the six-month period from January through to June 2017, permits issued

    5%

  5. Industrial turnover up by 8.6 pct in July, positive for eighth month

    EconomyMacroeconomy

    rate of growth for the year so far. Double-digit rises over the preceding months this year pushed... lower rate of 7.5 percent. All five main industrial groupings recorded growth in July. The strongest

    5%

  6. Foreign arrivals push travel surplus up by 6.6 pct in July, average expenditure falls
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    that arrivals from Germany and France increased at a rate of 13.9 percent and 4.4 percent, respectively. Arrivals from the UK increased at a sharper rate by 24.3 percent. Arrivals from Russia increased

    5%

  7. Newsletter 132

    Newsletters

    the threshold for submitting VAT declarations to 25,000 euros and to introduce an initial tax rate of 9... reading in a row, although it represents the lowest rate of growth for the year so far. Double-digit

    5%

  8. PMI rises to 52.8 in Sept, highest since June 2008

    EconomyMacroeconomy

    to increase their output for the fourth month in a row in September. The rate of growth was also the most... at a weaker rate than in August. An optimistic outlook was reported by manufacturers regarding

    5%

  9. Draft budget sees stronger growth, fiscal targets being met
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , which is expected to outpac the anticipated import rise of 4.4 percent. The unemployment rate according... million for tax refunds and 445 million for clearance of pensions backlog. The MoF expects the rate

    5%

  10. Greek household expenditure falls by another 2.5 pct in 2016
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    than that of the richest 20 percent (32.2 percent versus 14.2 percent). The at-risk-of-poverty rate... consumption expenditure from purchases. The rate falls to 11.3 percent of the total population when

    5%