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  1. Car sales almost double in March from level at start of pandemic
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time rose by 98.5 percent in March compared to a drop of 16.4 percent in February, Hellenic Statistical Authority (ELSTAT) data showed. In March 2020, the year-on-year change showed a drop of 49 p...

    37%

  2. First bond of 2022 attracts fewer offers, more than double last year's yield at 1.83 pct
    Photo byPanayotis Tzamaros/Fosphotos

    Economy

    Greece stepped into the international markets on Wednesday with an inaugural 10-year benchmark, rolling out its 12-billion-euro debt strategy of 2022. Greece issued a 10-year benchmark of 3 billion euros, with a coupon of 1.75 pct and a final reoffer yi...

    37%

  3. Travel receipts more than double in 2021, arrivals at 47 pct of 2019
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance recorded a surplus of 64 million euros in December, from a surplus of 173.8 million euros in November, according to Bank of Greece (BoG) data released on Tuesday. Aside from being significantly higher than the 2.2 million euros r...

    37%

  4. Reopening of 10-year bond issued in Jan sees yield double to 3.67 pct
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    Greece’s debt managers continue to take cautious steps in the sovereign bond market after having to readjust their borrowing strategy following the uncertainty caused by the Ukraine conflict and the turbulence in the markets, which pushed the 10-year be...

    37%

  5. Travel receipts almost double, but current account deficit rises by 78 pct in 9M
    Photo via https://flic.kr/p/ptm7qc

    EconomyMacroeconomy

    Greece posted a current account (C/A) deficit of 811.4 million euros in September, from a surplus of 449.1 million euros in August, Bank of Greece (BoG) data showed on Monday. In September 2021, the balance showed a deficit of 296.3 million euros, while...

    37%

  6. Arrivals nearly double year-on-year in 10M, travel receipts exceed 17 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance recorded a surplus of 1.31 billion euros in October, from 2.67 billion euros in September, according to Bank of Greece (BoG) data released on Thursday. October’s balance was higher than the 1.13 billion euros registered in Octobe...

    37%

  7. Strong demand for 30-year benchmark bond, yield of 4.24 pct double 2021 rate
    Photo by MacroPolis

    Economy

    Greece’s debt managers leveraged the positive sentiment after S&P’s revision of the outlook for Greek Government Bonds (GGB) to positive last Friday and issued a new 30-year bond on Wednesday, the longest maturity since the same issuance in early 2021. ...

    37%

  8. Greek expats generating 9.1 bln in taxes abroad each year, study suggests
    Photo by MacroPolis

    Society

    is way above oil products (7.2 billion), aluminium products (1.3 billion), drugs (0.7 billion

    33%

  9. Greek stocks edge down 1.3 pct during week, banks perform poorly again
    Photo via www.helex.com

    Economy

    supply contract with Aluminium of Greece (wholly owned subsidiary of Mytilineos) Aegean Airlines

    33%

  10. Greece’s embattled commercial steel market industry braced for more challenges
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyFeatures

    whose subsidiaries are involved in metal production, steel and aluminium trade, moved its headquarters

    33%