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  1. Rise of exports slowed in 2019, with goods suffering dip
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyFeatures

    of a global slowdown. Overall, the PMI edged down to 53.9 points in December from 54.1 points in November

    3%
  2. Retail market suffers drop in crisis era, shows consolidation towards larger businesses
    Photo by MacroPolis

    EconomyFeatures

    of these indicators could further stem the retail slowdown. The turnover index in retail trade up to November 2019

    3%
  3. EC ups growth to 2.2 pct in 2019, sees growth in 2020 at 2.4 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    revised upward, from 2.3 percent in November to 2.4 percent now. The estimate for 2021 remains unchanged

    3%
  4. Industrial turnover rises by 11.3 pct in December
    Image via www.mytilineos.gr

    EconomyMacroeconomy

    Greece’s industrial turnover increased by 11.3 percent year-on-year (YoY) in December, recovering from a revised drop of 8 percent seen in November, Hellenic Statistical Authority (ELSTAT) data published on Wednesday showed. December’s headline figure interrupts four consecutive months of negative

    3%
  5. Athens goes along with EU over Libya, waits for Turkey's move at UN

    PoliticsForeign Policy

    on November 29, 2019. Turkey claims the inclusion of the memorandum’s sea zone maps in the UN's

    3%
  6. Current account deficit more than halves to 2.57 bln in 2019
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    Greece’s current account (C/A) balance posted a deficit of 540.3 million euros in December, from a deficit of 1.39 billion in November, according to Bank of Greece (BoG) data released on Thursday. In the same period last year, the deficit was 1.51 billion euros, improving by 973.9 million year

    3%
  7. Hotel industry sees investment in high-end units, but hampered by seasonality
    Photo by Pavlos Svoronos/Fosphotos

    EconomyFeatures

    . In the Ionian Sea region, arrivals dropped by 3.7 percent. Revenues Overall, between January and November

    3%
  8. Building permits increase by 50.3 pct in December and 12.6 pct in 2019
    Photo by MacroPolis

    EconomyMacroeconomy

    Building permits rose by 50.3 percent year-on-year (YoY) in December compared to a rise of 12.4 percent percent in November, Hellenic Statistical Authority (ELSTAT) data released on Thursday showed. The total number of permits came to 1,799, staying above the 1,000-permit mark for ten consecutive

    3%
  9. E-commerce businesses report drop in sales due to Covid-19
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    increased by 0.2 percent in December following a rise of 4.7 percent in November. Compared to December

    3%
  10. Athens mulls next move after Ankara writes to UN over maritime boundaries
    Photo via https://flic.kr/p/YdiLif

    PoliticsForeign Policy

    November, to be recorded at the UN Secretariat. In the letter submitted by Turkey’s permanent

    3%