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  1. Disposable income grows by 0.4 pct in Q4, final consumption shrinks by 0.6 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Greek household disposable income grew by 0.4 percent in the fourth quarter (Q4) of 2017, albeit declining from Q3’s increase of 0.8 percent, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. The absolute figure landed at 29.50 billion euros and largely reflects a rise

    2%

  2. Retail sales drop by 0.4 pct in Feb, volume down by 0.1 pct
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s retail sales declined by 0.4 percent year-on-year in February after January’s increase was revised down to 0.1 percent, according to data published by the Hellenic Statistical Authority (ELSTAT) on Monday. January’s headline figure had been the second positive figure after three

    2%

  3. Greece’s unstable and confusing tax system failing to deliver results
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to 2016 data. During 2008-2016, direct taxes rose by 94 percent, while property tax revenues went from

    2%

  4. New overdue taxes up by 776 mln in March, total stock at 101.44 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s new tax debt increased by 776 million in March following a rise of 2 billion euros in February, data from the Independent Authority of Public Revenues (IAPR) revealed on Monday. The aggregate figure for the first three months of the year showed that new tax debt stands at 3.56 billion

    2%

  5. Trade deficit falls by 23.1 pct in March on growing exports, falling imports
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit shrank by 23.1 percent in March, building momentum on February’s fall of 16.6 percent, according to data from the Hellenic Statistical Authority (ELSTAT) released on Tuesday. The deficit stood at 1.63 billion euros for the month. As with the previous month, a strong increase

    2%

  6. Hirings balance hits record high of 100,246 in April
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The employment balance showed a strong improvement in April as hirings outpaced departures by 100,246, data from the Labour Ministry’s Ergani information system revealed. April marks the third consecutive month where a positive hirings balance has been noted in the Greek job market. Compared

    2%

  7. CPI remains unchanged in April
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) remained unchanged in April after a decline in prices of 0.2 percent in March, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. Last year was the first where there was a consumer price rise after four years of deflation. The positive streak

    2%

  8. Industrial production rises by 1.1 pct in March
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) rose by 1.1 percent in March after a revised decline of 1.9 percent in February, Hellenic Statistical Authority (ELSTAT) data revealed on Thursday. March’s headline figure returns the index to positive territory after two months of negative readings

    2%

  9. Building activity up by 5.4 pct in Feb, permits remain below 1,000

    EconomyMacroeconomy

    Building permits increased by 5.4 percent in February following a rise of 18 percent in January, Hellenic Statistical Authority (ELSTAT) data released on Friday showed. This translates into 989 permits, up from the figure of 926 that was reported in January, but staying under the 1,000-mark

    2%

  10. Banks focus on defining challenge of reducing NPEs
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    the number of non-performing exposures (NPEs). According to the latest available data from Bank of Greece

    2%