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Greek families shell out for education as state system falls short
SocietyA study by the Center for the Development of Educational Policy (KANEP-GSEE) of the GSEE has shown that even though education in Greece is free, families spend around 3 billion euros annually on education-related expenses. The data was based on figures from 2015, the latest available. Under Greece
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Industrial turnover up by 3.4 pct in March, positive for third month
EconomyMacroeconomyGreece’s industrial turnover increased by 3.4 percent in March after February’s growth was revised upward to 3.9 percent, Hellenic Statistical Authority (ELSTAT) data published on Monday showed. The latest figure means that the index has remained positive for three straight months after
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Travel surplus rises by 48.2 pct in March as receipts increase
EconomyMacroeconomyGreece’s travel balance rose by 48.2 percent year-on-year in March, recovering from a 135.2 percent drop noted in February, Bank of Greece (BoG) data revealed on Tuesday. Receipts came to 252.3 million euros for the month, up by 28.2 percent. This offset a rise of 20.7 percent in payments, which
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Supplemental MoU sets out path for maintaining fiscal sustainability
EconomyProgramme) is instrumental in achieving these objectives. With the final data now at their disposals, the institutions
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No breakthrough on debt talks at Eurogroup but June 21 goal remains
EconomyProgrammeis available until the middle of June, and we are waiting for the data on arrears developments
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Newsletter 163 -25/05/2018
was revised upward to 3.9 percent, Hellenic Statistical Authority (ELSTAT) data published on Monday showed
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Trade deficit drops by 4.6 pct in April as export activity remains strong
EconomyMacroeconomyGreece’s trade deficit fell by 4.6 percent in April, slowing from March’s contraction of 23.1 percent but continuing to fall, according to data from the Hellenic Statistical Authority (ELSTAT) released on Thursday. The deficit stood at 1.74 billion euros for the month. In recent months, rises
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CPI up by 0.6 pct in May, second positive reading the year
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) rose by 0.6 percent in May after remaining stable in April, Hellenic Statistical Authority (ELSTAT) data showed on Friday. Last year was the first where there was a consumer price rise after four years of deflation. The positive streak was interrupted by January
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Industrial production increases by 1.9 pct in April, March revised upwards
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) rose by 1.9 percent in April after the figure for March was revised up to 1.2 percent, Hellenic Statistical Authority (ELSTAT) data revealed on Friday. The latest figure marks two months of the index being positive, following two negative months
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Coalition plays down sub-tranche delay, opposition steps up pressure
PoliticsGreek Politicsauctions but that Athens has not yet provided data that shows the expected amount of state arrears
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