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  1. Capital controls trigger big rise in card use and VAT revenues, Bank of Greece data shows

    EconomyMacroeconomy

    the launch of strong initiatives for the use of credit or debit cards. These include tax breaks

    4%

  2. Industrial turnover on downward trend again after 2.8 pct drop in Oct

    EconomyMacroeconomy

    (-2.8 percent), while turnover in energy edged down 0.3 percent. A strong rebound was posted

    4%

  3. HFSF records losses of 1.2 bln in 9-month amid revaluation losses from bank holdings

    EconomyBanking

    at the end of September from 2.38 billion at the end of 2015. However, the banking index’s strong

    4%

  4. Mindful of role, Athens gears up for Cyprus Conference
    Photo by Andrea Bonetti/Fosphotos

    PoliticsForeign Policy

    some kind of a balance between a strong Turkey versus a weak Greece.

    4%

  5. Retail sales grow for second straight month in Oct with 1.3 pct rise
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    sales edged down 0.1 percent as a strong rise in clothing and footwear (+14.3 percent

    4%

  6. General govt primary cash surplus improves to 6.4 bln by Nov, arrears drop to 5.6 bln

    EconomyMacroeconomy

    a strong increase in taxes by 3.84 billion to 42.35 billion, while social contributions rebounded

    4%

  7. December retail sales seen down 2.5 pct amid tax onrush
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of 0.5 – 0.6 percent for the whole year. For 2017, MoF and EC project a strong rebound of 1.8 and 1.5

    4%

  8. Greek stocks start 2017 with gains of 2.6 pct, banks continue outperforming
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    of the year, with strong gains of 5.5 percent, which were trimmed in the following sessions to 4 percent

    4%

  9. Industrial production growth slows to 2.3 pct in Nov

    EconomyMacroeconomy

    on month in November after a strong rise of 4.5 in October and landed at 92.53, which is the second

    4%

  10. Early tourism estimates point to increased airline pre-bookings and lower cruise passengers in 2017
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The demand for airline travel to Greece remains very strong for 2017, particularly from German-speaking countries, according to INSETE, the Institute of the Greek Tourism Confederation (SETE). The preliminary estimates for airline seat planning point to an increase of 19 percent for Greek regional

    4%