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Consumer price index turns positive in February with 0.1 pct rise
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) increased by 0.1 percent in February, marginally rebounding from the negative territory of -0.2 percent in January, Hellenic Statistical Authority (ELSTAT) data showed on Friday. January’s headline figure was the first negative reading since November 2016. Last
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Trade deficit falls by 14.8 pct in January on sharp rise in exports
EconomyMacroeconomyGreece’s trade deficit fell substantially by 14.8 percent in January compared to a decline of 0.8 percent in December according to data from the Hellenic Statistical Authority (ELSTAT) released on Friday. The deficit stood at 1.98 billion euros for the month. The driving factor behind the narrowing
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Car sales up by 33.1 percent in February
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time rose by 33.1 percent in February, slowing from the increase of 44.3 percent noted in January, Hellenic Statistical Authority (ELSTAT) data showed on Friday. Car sales for the month came to 13,317 compared to February 2017 when
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Net job hirings balance turns positive by 16,628 in February
EconomyMacroeconomyThe employment balance returned to positive ground in February as hirings outpaced departures by 16,628, data from the Labour Ministry’s Ergani information system revealed. The net balance for January had been negative by 16,542. Compared to February 2017, the balance is lower by 8,310. The report
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Industrial production falls by 1.7 pct in Jan
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) declined by 1.7 percent in January after December’s growth was revised up to 1.3 percent, Hellenic Statistical Authority (ELSTAT) data revealed on Monday. January’s headline figure is the first time since January 2014 that the year began with a negative
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Eurogroup highlights tight schedule as differences over debt, fiscal measures brew
EconomyProgrammeexpected. According to a report in Naftemporiki on Saturday, the Finance Ministry expects that final data
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Athens identifies drivers for growth as it draws up strategy for next years
Economydetailed data on investments, the boost is seen driven by the private sector, whose investment activity
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The gruelling final straight of Greece's bailout
Agorato a report in Naftemporiki on Saturday, the Finance Ministry expects that final data will show
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Newsletter 155 -16/03/2018
to 1.3 percent, Hellenic Statistical Authority (ELSTAT) data showed this week. January’s headline figure
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Greek banks' NPL selloff gathers speed
EconomyBankingcurrently makes prohibitive. According to data from the Bank of Greece (BoG), bad loans stood at around 4.6
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