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  1. Trade deficit falls 10.8 pct in December as exports rise slightly
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit fell by 10.8 percent year-on-year (YoY) in December compared to a drop of 18 percent in November, data from the Hellenic Statistical Authority (ELSTAT) released on Friday..., showing a drop of 2.3 percent YoY. At the same time, exports totalled 2.98 billion euros, recording

    2%

  2. Newsletter 283 -05/02/2021

    Newsletters

    their securitisations, these will drop further to 35 billion euros, though with potentially another 10 billion... measures across key export destinations also weighed on foreign demand, with a sharp drop in new

    2%

  3. MPs urge govt to focus on vaccines, relief as it gets entangled in #MeToo claims

    PoliticsGreek Politics

    in 2020 reached 266.08 billion, from 307.7 billion in 2019, a drop of 13.5 pct. The 41.6-billion-euro decline in sales was the equivalent of 23 pct of GDP. The retail sector lost 10.1 billion, a drop

    2%

  4. Newsletter 279 - 05/03/2021

    Newsletters

    The biggest drop in the number of closures was in information and communication, where there were 40.3 percent fewer closures, and construction, where the drop was 32.8 percent.. The number

    2%

  5. GDP falls 8.2 pct in 2020, but rises 2.7 pct QoQ in Q4
    Photo by MacroPolis

    EconomyMacroeconomy

    , following a 10.3 percent drop in Q3. On an annual basis, for 2020 private consumption dropped 5.2... would drop by 10 percent in 2020, followed by growth of 3.5 percent in 2021 and 5 percent in 2022

    2%

  6. Turnover in tourism drops by 57.6 pct in Q4
    Photo by MacroPolis

    EconomyMacroeconomy

    to an increase of 4.8 percent. In 2020, the annual average drop came to 62.7 percent for the year, compared... receipts than 2019. Payments also recorded a drop of 72.1 percent to 766.2 million euros, which

    2%

  7. Piraeus announces transformation plan amid 2020 loss of 662 mln
    Image via www.piraeusbank.gr

    EconomyBanking

    compared to 262 million euros in Q3. For the year, PPI came to 809 million euros, a 30 percent drop... expenses in 2020 stood at 891 million, a drop of 7 percent YoY. This trend improved the group’s

    2%

  8. Unemployment drops to 15.8 pct in December, lowest since February
    Photo by MacroPolis

    EconomyMacroeconomy

    by 44,853 people. The number for the unemployed stood at 726,360 in December. The drop in the number... drop in both hirings and firings. Total hirings in January came to 96,868 versus 94,530 departures

    2%

  9. Newsletter 289 - 19/03/2021

    Newsletters

    in December There were 24,332 fewer unemployed people in December versus the previous month The drop.... The number for the unemployed stood at 726,360 in December. The drop in the number of unemployed

    2%

  10. Retail turnover drops by 5 pct and volume by 3 pct in January
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s retail sales index decreased by 5 percent in January following a revised drop of 12.8 percent in December, Hellenic Statistical Authority data showed on Wednesday. The index has now dropped...) and pharmaceutical products and cosmetics (+13.1 percent). The annual volume decrease was led by a drop

    2%