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Economic sentiment stable, consumer confidence down 4.5 pts in November
EconomyMacroeconomyGreece’s economic sentiment (ESI) remained flat from previous month at 86.5 in November, European Commission (EC) data showed on Friday. This follows an improvement by 11.3 points in total in the previous two months reflecting the positive sentiment after the government signed the third memorandum
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Retail sales drop at faster pace of 5.2 pct in Sept
EconomyMacroeconomyThe turnover of Greece’s retail trade index fell at a faster pace by 5.2 percent in September following a drop by 3.8 percent in August, according to Hellenic Statistical Agency (ELSTAT) data published on Monday. The September headline figure represents the fourth straight decrease and the eighth
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Time deposit rate slips 12 bps in Oct, average loan rate rises by 29 bps
EconomyMacroeconomyAfter remaining almost flat in September, Greek households’ new time deposit rate fell by 12 basis points (bps) to 1.06 percent in October, Bank of Greece (BoG) data showed on Wednesday. The October rate corresponds to a new low in the period since Greek joined the euro. The cumulative drop by 75
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Broad agenda for Kerry's visit to Athens
PoliticsForeign Policyof border controls and exchange of data among secret services. Diplomatic sources do not exclude
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ELA ceiling for Greek banks slashed by 7.8 bln to 77.9 bln after recap
EconomyMacroeconomybanks’ liquidity position. According to the latest official data, Greek banks’ ELA funding stood
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Greek teachers low paid, but work shorter hours in smaller classes
Societydata. The increase is 10 percentage points or more in Greece, Korea, Portugal and Slovenia.
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Turnover in tourism sector increases by 9.9 pct in Q3
EconomyMacroeconomyrespectively, while those from Russia tumbled 69 percent. The more updated volume data released
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Car sales resume double-digit growth rate in Oct with 15.2 pct rise
EconomyMacroeconomyAfter a short-lived drop by 13.8 percent in October, the number of road motor vehicles (going into circulation for the first time) rebounded by 15.2 percent in November, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. The November growth rate represents the ninth positive reading
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Wages index improves by 2.7 pct in Q3 for highest rise in almost 6 years
EconomyMacroeconomyindex fell by more than 29 percent. When Q3 data is taken into account, this decline stands at 22.8
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Industrial production back on downward trajectory with 1.9 pct drop in Oct
EconomyMacroeconomyAfter rising in the preceding two months, Greek Industrial Production Index (IPI) fell by 1.9 percent in October, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. The October headline figure is the fifth negative reading in the 10-month period of 2015. All four sub-indices headed
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