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  1. BoG sets out positives and next steps for economy, forecasts 2.4 pct growth in 2020
    Photo by MacroPolis

    Economy

    as the rate of re-defaults, loans lapsing after being restructured, remains high. Also, despite... negative net investment position, the high long-term unemployment rate, the unfavourable demographics

    5%

  2. PMI at 53.9 points in Dec, marking solid end to 2019
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    , the rate of input price inflation quickened at the end of 2019 to the fastest since April. This increase... the rate of change in inflation was mild compared to November. Purchasing activity also slowed

    5%

  3. PMI at 54.4 points in Jan as employment growth hits all-time high
    Photo by James Montgomerie via Flickr https://flic.kr/p/jY8Sn

    EconomyMacroeconomy

    numbers. Export orders grew at the fastest rate since April 2019. To meet growing demand, firms... pressures intensified as the rate of input price inflation accelerated. The increase in cost burdens

    5%

  4. OECD Better Life report finds Greece still lagging in life satisfaction
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    affordability scored average while the rate of overcrowding scored as unequal. The report also found that 38..., Greece’s homicide rate was well below the global average. However, the gender gap between feelings

    5%

  5. Greek hotel industry reports COVID-19 related losses of half a billion to date
    Photo by MacroPolis

    EconomyFeatures

    to 522 million euros. The survey also showed a decline in the rate of future bookings versus the same periods last year. The rate fell by 72 percent in 92 percent of hotels that operate all year

    5%

  6. Industrial turnover rises by 5.7 pct in January
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    points from 54.4 points in January. Production increased at the fastest rate in 10 months with greater... to accelerate as demand remained strong. Export orders in turn rose at the fastest rate since March

    5%

  7. Tourism industry braces for outcome of gloomy Covid-19 scenarios
    Photo by Aggeliki Koronaiou/Fosphotos

    EconomyFeatures

    had so far come to 522 million euros. The survey also showed a decline in the rate of future bookings versus the same periods last year. The rate fell by 72 percent in 92 percent of hotels

    5%

  8. Piraeus Bank posts net profit of 49 mln in Q4 and 270 mln in 2019
    Photo by MacroPolis

    EconomyBanking

    . The bank noted that 4,664 property auctions had taken place in 2019 with a success rate of 28... loans disbursed in 2019 surpassed the initial target of 3.8 billion and had an average rate of 4.7

    5%

  9. Fitch keeps Greece at 'BB' but revises outlook to stable with eye on Covid-19 impact
    Photo by MacroPolis

    Economy

    of debt, it carries concessional terms from the official sector: 95 pct of it is on fixed rate terms, mitigating any interest rate risks, and the average maturity that exceeds 20 years is amongst

    5%

  10. PMI crashed to 29.5 points in April during sharpest ever decline
    Image via www.titan.gr

    EconomyMacroeconomy

    . Suppliers also cut their prices, with cost burdens falling at the quickest rate for just over four years. Input buying fell at the fastest rate since July 2015 as demand for raw materials fell. Lead times

    5%