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  1. Drop in arrivals and spending impinge on H1 travel receipts
    Photo by MacroPolis

    EconomyMacroeconomy

    The balance of travel services in June posted a surplus of 1.72 billion euros, a decline of 3.6 percent compared to the surplus of 1.78 billion in the same period last year, according to data released by Bank of Greece on Monday. Travel receipts dropped...

    8%

  2. Greek stocks drop 1.5 pct during week amid subdued trading activity
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    The Greek stock market traded mostly in negative territory, closing 1.5 percent down on the week amid soft trading volumes. Investors preferred to remain on the sidelines adopting a wait-and-see stance ahead of upcoming development regarding the lifting...

    8%

  3. Significant drop in number of Greek citizenships granted
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    The number of Greek citizenships granted to non-Greeks more than halved in the two years from 2013 to 2015, EU data has shown. Eurostat figures show that there were 7,000 fewer new Greeks in 2015 than in the previous year and 15,500 fewer than in 2013, ...

    8%

  4. Athens set to profit from falling borrowing costs as yields drop ahead of review completion
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    Greek borrowing costs have dropped significantly as the country nears the completion of what is meant to be its final adjustment programme. Greece’s yields started de-escalating in June 2017 following much volatility in the first half of the year as the...

    8%

  5. Athens and lenders yet to agree on how to drop pension cuts without creating fiscal gap
    Photo via http://www.delphiforum.gr/

    EconomyMacroeconomy

    Comments by European Stability Mechanism managing director Klaus Regling have underlined that Greece and the institutions have yet to reach a formal agreement on the cancellation of next year’s pension cuts. Speaking to journalists in Luxembourg on Thur...

    8%

  6. Deposits drop by 622 mln in Sept after six months of inflows
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Net deposit movement in the Greek banking system turned negative by 622 million in September following inflows of 1.02 billion in August, Bank of Greece (BoG) figures revealed on Tuesday. September’s movement marks the first negative flow after six mont...

    8%

  7. Deposits drop by 206 mln in November
    Bank of Greece

    EconomyMacroeconomy

    Net deposit movement in the Greek banking system was negative by 206 million euros in November, following inflows of 643 million in October, Bank of Greece (BoG) figures revealed on Friday. The outstanding balance of private sector deposits increased to...

    8%

  8. Deposits drop by 2.16 bln in January

    EconomyMacroeconomy

    Net deposit movements in the Greek banking system were negative by 2.16 billion euros in January following positive flows of 3.65 billion in December, Bank of Greece (BoG) figures revealed on Thursday. The outstanding balance of private sector deposits ...

    8%

  9. Building permits drop by 4.9 in October
    Photo by MacroPolis

    EconomyMacroeconomy

    Building permits fell by 4.9 percent year-on-year (YoY) in October after a strong rise of 29 percent seen in September, Hellenic Statistical Authority (ELSTAT) data released on Monday showed. The total number of permits came to 1,780. The corresponding ...

    8%

  10. CPI falls by 2 pct YoY in January as apparel and transport drop

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) fell by 2 percent year-on-year (YoY) in January compared to a decline of 2.3 percent seen in December, Hellenic Statistical Authority (ELSTAT) figures showed on Monday. The average CPI for the rolling 12 months fell b...

    8%