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Stournaras outlines conditions for strong 2017 growth, calls for debt relief measures soon
EconomyMacroeconomynegative factor for tourism revenues was also a sharp drop of 35.6 percent in the expenditure of UK
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Greek government faces hard labour dilemma
PoliticsGreek Politicsin unemployment, still above 23 percent, and a steady drop in job quality. More than a half million
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Bank credit contracts by 1.7 pct in September on loan deductions of 355 million
EconomyMacroeconomythe most marked decline of 28.6 percent over the last 23 quarters, followed by drop rates of 24.1 and 18.8
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Economic sentiment and consumer confidence markedly improve in October
EconomyMacroeconomyin October to -4.7, after a short-lived drop by 1.1 points in September. The year-to-date gains stand
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Retail sales fall by 3.1 pct in Aug after fleeting rebound in July
EconomyMacroeconomy, September retail sales edged down 1.8 percent, mostly reflecting a double-digit drop in clothing
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Parliament's budget office sees obstacles to recovery, warns on private debt
EconomyMacroeconomyIn its quarterly report published on Monday, the Parliamentary Budget Office (PBO) notes that the macroeconomic developments in Greece in the third quarter (Q3) sent mixed signals. In particular, the recession is continuing, while a drop in the Q2 unemployment rate is mostly attributed
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Trade deficit falls 12.1 pct in Sept following export growth for first time since Apr 2015
EconomyMacroeconomyGreece’s trade deficit narrowed by 12.1 percent in September after rising by 11.6 percent in August, Hellenic Statistical Authority (ELSTAT) data displayed on Monday. September’s drop is entirely attributed to a 16.6 percent increase in exports against a rise in imports of 4.2 percent. Exports
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CPI drops at a slower pace of 0.5 pct in October
EconomyMacroeconomyΤhe Greek Consumer Price Index (CPI) fell at a decelerating pace of 0.5 percent in October after a drop of 1 percent in September, according to data published by the Hellenic Statistical Authority (ELSTAT) on Thursday. The headline figure for October, along with that for February, are the lowest
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In 16th successive fall, Eurosystem funding drops by 3.5 bln in Oct
EconomyMacroeconomybillion since June 2015, when the third bailout agreement was agreed. The bulk of this drop was recorded
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Parties reach consensus on broadcasting watchdog after coalition backs off
PoliticsGreek PoliticsCourt president Athanasios Koutroumanos, and to drop its goal of limiting the number of licences
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