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  1. Industrial production drops by 3 pct in February

    EconomyMacroeconomy

    decreases in mining and quarrying (-5.5 percent) and water supply (-2.9 percent). On the flipside... production by 3.9 and 2.2 percent respectively. The most recent industry confidence indicator

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  2. Retail sales down by 1.3 pct in Dec for first drop since Aug
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index fell by 1.3 percent in December after upward revised growth of 2.2 percent in November, Hellenic Statistical Agency (ELSTAT) data showed on Tuesday... confidence fell for the second successive month by 5.5 points to -73.3 in February, which

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  3. Economic sentiment edges up in March, consumer confidence deteriorates for third straight month
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) improved by 0.5 points in March following a drop by 2.2 points in the previous month, European Commission (EC) figures revealed on Thursday. The ESI stood at 93.4..., albeit at a slower pace by 1.1 points in March following a decrease of 5.5 points in February. Following

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  4. Building activity increases for second straight month after 11.1 pct rise in Jan
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    dropping by 5.5 percent after a much slower decline of 0.9 percent in 2015. In addition...) of 2016 and by 2.2 percent in 2016. They have posted a cumulative drop of 41.7 percent from

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  5. Industrial turnover continues on upward curve with 20.9 pct rise in Feb

    EconomyMacroeconomy

    rose by 5.5 percent. Three of the five main industrial groupings recorded a notable rebound... by 2.2 percent, while that in intermediate goods edged down 0.1 percent. The detailed breakdown showed

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  6. Travel receipts fall by another 3.1 pct in Feb on lower spending
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    expenditure per trip by 5.5 percent to 322 euros, while foreign arrivals increased by 2.6 percent... by 27.7 percent. Overall, arrivals from EU countries edged up 2.2 percent to 575,100, while those

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  7. Building activity falls by 4.2 pct in February

    EconomyMacroeconomy

    permits decreasing by 5.5 percent at an accelerating pace from the 2015 drop rate of 0.9 percent... in the fourth quarter (Q4) of 2016 and by 2.2 percent in 2016. They have dipped by 41.7 percent since

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  8. Economic sentiment down 1.7 pts in May, consumer confidence up for second straight month
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    points since the beginning of the year, mostly reflecting a sharp decline of 5.5 points in February... (+2.2 points) and industry confidence indicator (+1.2 points). On the flipside, the construction

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  9. European Commission's DSA reveals serious concerns over debt sustainability, need for relief
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyProgramme

    points (pp) after 2022 and leveling off at 2.2 percent as of 2025. In its most recent DSA, the IMF... billion. Furthermore, market rates are estimated at 5.1 percent in 2019, increasing to 5.5 percent

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  10. IMF sees eurozone debt relief pledges failing to deliver sustainability
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyProgramme

    . The primary balance is seen at 1.7 and 2.2 percent of GDP this year and next, reaching 3.5 percent... euros (5.5 percent of 2016 GDP) to cover any additional bank support that might be required

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