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  1. Turnover in services shows year-on-year deteriorations in Q2
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    , Hellenic Statistical Authority (ELSTAT) figures showed on Tuesday. Specifically, year-on-year... services seen in Q1 2020. The three largest year-on-year drops were noted in advertising and market... improved by 5.4 points month-on-month to -28.8 points. Year-on-year, the service confidence indicator has

    7%

  2. ​Turnover in services shows year-on-year improvements in Q3
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ) of 2020, Hellenic Statistical Authority (ELSTAT) figures showed on Tuesday. Specifically, year-on-year... services in Q2. The three largest year-on-year drops were noted in other professional, scientific... points. Year-on-year, the service confidence indicator has worsened substantially by 46.6 points.

    7%

  3. Greece's updated proposals to lenders and how they compare to previous efforts

    EconomyProgramme

    will be effective as of the beginning of next year. 5) Increase in the contribution for employees... revenues unchanged at 100 million in each year, although market sources indicate that this is very... includes four pillars: VAT, pensions, corporate and income tax and other measures. We present below

    7%

  4. Greek stocks fall 3.7 pct during week on inconclusive discussions with lenders

    Economy

    their year-to-date losses stand at 7.6 percent. Bank shares fell sharply by 7.5 percent on Thursday... of the year. The stocks that recorded the biggest gains were Hellenic Petroleum (+3.5 percent), Titan... on April 28. Thus, the bank will be the first without any reliance on any of the three pillars

    7%

  5. Greece 57th in WEF's Global Competitiveness Index based on new methodology

    EconomyFeatures

    four places in a year, standing at number 57. The annual report, compiled and released by the World Economic Forum, tracks the performance of almost 140 countries against 12 pillars of competitiveness... report uses new methodology which recalculates Greece’s position last year at number 53 out of 140

    7%

  6. New government sets sights on sustainable and wide-reaching tourism industry
    Photo by Yannis Drakoulidis/Fosphotos

    Economy

    and sustainability would be the key pillars of Greece’s ten-year strategic plan for tourism. He added that “Our job...Greece’s new tourism minister, Haris Theocharis, has said that Greece needs a ten-year plan to boost the country’s vital tourism sector. Noting the stability of the tourism industry in recent years

    7%

  7. Greece tugged down in WEF competitiveness ranking by financial system, institutions
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    two places in a year, standing at number 59, even though there was a slight rise in its score... preceding Greece in this year’s report were Brunei Darussalam (56), Colombia (57) and Azerbaijan (58... countries against 12 pillars of competitiveness. It assesses the factors and institutions

    7%

  8. Reshuffle back on the cards as PM unveils plans for Greek industry
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    performance, a practice introduced by Mitsotakis last year, and which, he argued, has allowed the government... focussing on the one-year anniversary of the New Democracy government on July 7. Industrial... Mitsotakis said aims to bring about a “renaissance” of industry, is based on three pillars: improving

    7%

  9. New Democracy's 2021 agenda focusses on reforms, social support
    Photo by MacroPolis

    PoliticsGreek Politics

    , the final cabinet meeting of 2020 turned its focus on the government’s agenda for the coming year. The 2021 policy plan which was published in summary form this week, rests on six pillars: business... added prominence in the healthcare plan. New Democracy goes into the new year with a strong lead

    7%

  10. BoG cautiously optimistic on economy and banking sector
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    shortages eased, while inflation held stubbornly at 3 pct for the first nine months of the year, with food... of 2.5 billion euros in the first half of 2025, up slightly from the previous year. Fee income... remains one of the strongest pillars of Greece’s recovery. Profitability, liquidity, and capital

    7%