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  1. Travel balance up by 18.5 pct in August as foreign arrivals increase
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    rate by 3 percent while those from Russia and the US rose by 25.3 percent and 21.4 percent, respectively. In total, arrivals from the 28 EU countries went up by 8.1 percent compared to the same time

    6%

  2. Why it makes sense for ESM to swap Greece's IMF loans
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    will be repay this in full. Including total charges and fees, the servicing of the debt to the IMF... will also be able to save a small sum in the servicing of the debt as the IMF charges around 3 percent

    6%

  3. Budget primary surplus at 4.66 bln in 11-month as expenditure falls, revenues rise
    Photo by MacroPolis

    EconomyMacroeconomy

    against last year's (82 million), and missed the target slightly by 3 million. Tax refunds rose... percent to 5.42 billion, landing exactly on target. In total, a 3.1 percent fall in expenditure

    6%

  4. Retail sales fall for second straight month in Oct, with 0.8 pct decline
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    and supermarkets by 3 percent. The seasonally adjusted (SA) retail sales index increased by 0.2 percent month... in 2016. Overall in 2017, total retail turnover is estimated at 42 billion, from 41.4 billion

    6%

  5. Industrial turnover makes strong start to year with growth of 12.7 pct in Jan
    Image via www.titan.gr

    EconomyMacroeconomy

    metals, which grew by 37.2 percent, but which makes up a relatively small portion of the total index... confidence improved by 3 points month-on-month to 4.2, staying positive for a second month. The last time

    6%

  6. Travel balance rises by 3.4 pct in Jan as expenditure out of sync with arrivals growth
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    for the month, down by 3 percent, while payments also fell by 3.6 percent to 139.3 million... dropped significantly by 84.8 percent, while those from the US increased by 9.4 percent. In total

    6%

  7. Greek families shell out for education as state system falls short
    Photo by Angelos Christofilopoulos/Fosphotos

    Society

    A study by the Center for the Development of Educational Policy (KANEP-GSEE) of the GSEE has shown that even though education in Greece is free, families spend around 3 billion euros annually... tutoring by 0.7 percent. According to the study, total expenditure on education in 2015 came to 8.8

    6%

  8. March current account deficit at 955.8 mln on improvement in goods balance
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    prices. Total exports increased by 11.6 percent to 2.88 billion euros, while imports declined by 3.9... exports up by 16.1 percent at current and 11.2 percent at constant prices. Oil imports rose by 3

    6%

  9. Piraeus Bank posts net profit of 24 mln in Q2, ELA funding fully eliminated
    Photo by MacroPolis

    EconomyBanking

    ) of the year showed a loss of 55 million euros versus a profit of 3 million for the same period last... balances stood at 3.8 billion in late August 2018. A total of 3.1 billion in new loan generation has

    6%

  10. Greece tops OECD countries for tax rises and spending cuts
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    (over one year) as a percentage of total unemployment was 31 percent, while in Greece the figure... countries between 2015 and 2016, increasing by almost 3 percentage points (pps) in this time period

    6%