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  1. Greek VAT gap narrowed 22.4 pct to 4.9 bln in 2014, EC report shows

    Economy

    The European Commission (EC) published a report on Tuesday examining the evolution of the VAT gap in EU countries based on the most recent data available, from 2014. The VAT gap is a measure of VAT compliance and it is defined as the difference between the amount of the collected VAT revenues

    2%

  2. Trade deficit expands by record 88.9 pct in July

    EconomyMacroeconomy

    Greece’s trade deficit soared 88.9 percent in July following a 3.1 percent decline in June, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. The headline figure for July is by far the highest reading since 2005, from when figures are available. The surging trade deficit stems from

    2%

  3. Signs of optimism in Greek banks' Q2 results but NPL challenge lies ahead

    Agora

    increased write-offs. Bank of Greece (BoG) data showed that Greek banks’ write-offs climbed to 729

    2%

  4. Unemployment rate edges down to 23.4 pct in June, lowest since March 2012
    Photo by MacroPolis

    EconomyMacroeconomy

    -seasonally adjusted (NSA) data, which strip out the smoothing effect of statistical variation

    2%

  5. Car sales rise at a slower pace of 14.1 pct in Aug

    EconomyMacroeconomy

    The number of road motor vehicles (going into circulation for the first time) increased by 14.1 percent in August, decelerating from the exceptionally high 42.9 percent growth rate in July, which also reflected a low base effect, Hellenic Statistical Authority (ELSTAT) data showed on Thursday

    2%

  6. CPI drops by 0.9 pct in August

    EconomyMacroeconomy

    Τhe Greek Consumer Price Index (CPI) fell at a slightly slower pace of 0.9 percent in August, after dropping by 1 percent in July, Hellenic Statistical Authority (ELSTAT) data displayed on Friday. In contrast, the harmonised index of consumer prices (HICP) edged up for the third straight month

    2%

  7. Building activity slumps by 21.7 pct in June for sixth successive month
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    Greek building permits fell for the sixth straight month by 21.7 percent in June, at a slower pace compared to the 31.5 percent drop recorded in May, Hellenic Statistical Authority (ELSTAT) data displayed on Monday. The corresponding surface and volume also notably declined by 15.3 and 22.7 percent

    2%

  8. Who pays property tax and how much revealed by Greek authorities

    EconomyMacroeconomy

    tax burden on 2016 was shifted towards large properties. GSPR data showed that more than one-third

    2%

  9. Unemployment rate falls to 23.1 pct in second quarter, lowest since Q2 2012
    en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    EconomyMacroeconomy

    reaching 272,700 in Q2, which is the highest reading since Q1 2008, when data was first made available

    2%

  10. Government's relationship with Stournaras teeters again

    PoliticsForeign Policy

    was doctored, while affirming its support for ELSTAT and the validity of its data. If lenders feel

    2%