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  1. Travel balance up by 81.4 pct in November, foreign arrivals increase
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s travel receipts increased by 81.4 percent year-on-year in November, compared to a rise of 14.2 percent noted in October, Bank of Greece (BoG) data revealed on Tuesday. Receipts came to 225.1 million euros for the month, while payments fell by 26 percent to 122.6 million. This brought

    2%

  2. Disposable income grows by 0.8 pct in Q3, up from previous quarter

    EconomyMacroeconomy

    Greek household disposable income grew by 0.8 percent in the third quarter (Q3) of 2017, increasing on Q2’s growth of 0.2 percent, Hellenic Statistical Authority (ELSTAT) data revealed on Wednesday. The absolute figure landed at 29.39 billion euros and largely reflects a rise in social

    2%

  3. Total overdue tax obligations rise to 101.86 bln in Dec, new debt up by 1.30 bln
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s new tax debt rose by 1.3 billion euros in December, rising from November’s figure of 1.19 billion, data from the Independent Authority of Public Revenues’ (IAPR) has revealed. New unpaid obligations from tax categories rose by 1.26 billion, growing against last month’s figure of 1.14

    2%

  4. Athens puts off bond sale, has fiscal concerns to address
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    is particularly challenging because even the final fiscal data for 2017 is not yet available, let alone any

    2%

  5. Trade deficit falls by 0.8 pct in December, total imports outpace exports for 2017
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit fell by 0.8 percent in December, slowing from November’s decline of 11.5 percent according to data from the Hellenic Statistical Authority (ELSTAT) released on Wednesday. The deficit stood at 1.60 billion euros for the month. The driving factor behind the narrowing

    2%

  6. Industrial production grows by 0.2 pct in Dec and 4.1 pct for full year
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) increased by 0.2 percent in December after November’s figure was revised upward to 2 percent, Hellenic Statistical Authority (ELSTAT) data revealed on Friday. Across 2017, the IPI remained consistently in positive territory, although the figure

    2%

  7. Car sales rise by 44.3 pct in January

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time rose by 44.3 percent in January, rising from the 16.1 percent growth seen in December, Hellenic Statistical Authority (ELSTAT) data showed on Friday. Car sales for the month came to 18,897 compared to January 2017 when the absolute

    2%

  8. Manufacturing wage cuts were turned into profit, GSEE study claims
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyFeatures

    “Production costs and profit margins during the memorandum years” was based on data from the six year

    2%

  9. Hydrocarbons add to tension between Turkey, Greece and Cyprus
    Photo by UNAOC via Flickr https://flic.kr/p/8avo4T

    PoliticsForeign Policy

    data collection (fluids and rock samples) has been executed on the well. Calypso 1 is a promising gas

    2%

  10. Spending on pensions down by 30.9 mln in December
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    on GDP data from 2013. Around 1.2 million main pensions (40.8 percent of all main pensions) concern

    2%