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  1. Tourism could give economy annual 5 bln boost, NBG report finds
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyFeatures

    to pre-crisis levels (around 2 billion annually compared to 800 million between 2010-2015... to an annual increase in total tourism investments to 4.5 billion from 3.9 billion in 2010-2015 and 8.6

    11%

  2. Newsletter 130 - 04/08/2017

    Newsletters

    , the number of SSC settlements increased by more than 20,621 QoQ to 203,724 at the end of June with the total... billion to 38.9 billion until September 7. 2 Retail sales grow by 0.4 pct in May Seasonally adjusted

    11%

  3. Privatisation plan inches along as groups express interest in DESFA
    Photo via www.desfa.gr

    EconomyProgramme

    at around 2 billion euros. The sale of 14 regional airports to Fraport for 1.2 billion is included... SOCAR, the preferred bidder, withdrew. The total deal was worth 400 million. Its collapse left

    11%

  4. Primary cash balance posts deficit of 46 mln at end of July
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    billion a year ago. As previously noted, this year’s figure includes a one-off item of around 2 billion... figure fell by 680 million compared to last year. In total, expenditure increased by 1.41 billion

    11%

  5. Budget primary surplus at 3.02 bln in July, above target by 926 mln on strong underspend
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    -month period showed that primary expenditure declined by 2 percent to 23.18 billion euros... exactly matching the target. As a result, total expenditure dropped by 1.8 percent to 27.55 billion

    11%

  6. Athens outlines 2018 debt management plan for post-bailout era
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , with escalating coupons that started at 2 percent in 2013 and reach 4.3 percent in 2022 and thereafter... of step up charges from the 2012 debt buy-back as well as the capping of total debt servicing to 15

    11%

  7. Birth rate rises by 1.1 pct in 2016 but remains under 100,000
    Photo by Panagiotis Tzamaros/Fosphotos

    Society

    Hellenic Statistical Authority (ELSTAT) has released statistics which present an overview of demographics and societal trends in Greece in 2016. The report shows that in 2016, a total of 92,898 live... for the first time since 1932 (not counting interwar years). The number of deaths decreased by 2

    11%

  8. Labour market reforms did exactly what they were supposed to
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    above Portugal’s and 17 percent higher than the minimum wage in Spain. By 2009, total exports were... under 540,000, up by almost 124,000. Hirings for only 2 to 4 hours weekly have doubled, the biggest

    11%

  9. Final budget sees strong growth, fiscal overperformance in 2018
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , Athens International Airport, DEPA and DESFA, which total close to 2 billion euros. It is worth noting

    11%

  10. OECD sees growth picking up, warns about society and financial sector

    EconomyMacroeconomy

    in 2019 but is still seen reaching 2 percent. This is attributed to an accelerating growth of imports... year and a total surplus of 0.4 percent of GDP in 2019. According to the OECD, the challenges

    11%