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GDP growth slows to 0.2 pct QoQ in Q2 due to lower investment, higher imports
EconomyMacroeconomyGreece’s seasonally adjusted (SA) GDP grew by 0.2 percent quarter-on-quarter (QoQ) in the second quarter (Q2) of 2018, after an upwardly revised increase of 0.9 percent in the previous quarter, the Hellenic Statistical Authority (ELSTAT) provisional estimates revealed on Monday. The headline figure
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Manufacturing PMI climbs to 53.9 pts in August, outlook remains positive
EconomyMacroeconomyfor the second successive month. The rate of output growth beat that of new orders which in turn led
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Trade deficit grows by 34.5 pct in July on continued import rises
EconomyMacroeconomyis the second consecutive time this year that the deficit has grown after four consecutive months
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Tsipras pledges array of tax cuts, hopes for break on pensions
PoliticsGreek Politicswill be at the beginning of next year and the second at the start of 2020. Tsipras added that the structure
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CPI rises by 1 pct in August, staying positive for fifth month
EconomyMacroeconomyof price rises this year, and together with June’s reading represents the second this time year
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Q2 wages index falls by 0.4 pct QoQ and rises by 2.6 pct YoY
EconomyMacroeconomyThe seasonally adjusted (SA) Wages Index rose by 2.6 percent year-on-year (YoY) in the second quarter (Q2) of the year, after a rise of 4.9 percent in Q1, Hellenic Statistical Authority (ELSTAT) figures revealed on Tuesday. The wages index captures employees’ gross earnings, which include salaries
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PM stands by Macedonia name deal, Kammenos continues to sow confusion
PoliticsGreek Politicsthree proposals to Tsipras: One would be to hold a referendum, the second would be for a vote
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Turnover in tourism grows by 11.5 pct during Q2
EconomyMacroeconomyThe turnover index in accommodation and food services remained positive for an eighth continuous quarter in the second quarter (Q2) of the year, increasing by 11.5 percent from 10.9 percent in Q1, Hellenic Statistical Authority (ELSTAT) figures showed on Wednesday. 2017 marked the first year since
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Tsipras confident on pension cuts, reticent on snap elections
PoliticsGreek Politicsbeing cut in the second half of the year and the need for the remaining reduction to be reviewed
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Unemployment rate falls to 19 pct in Q2
EconomyMacroeconomyThe Greek non-seasonally-adjusted unemployment rate stood at 19 percent in the second quarter (Q2) of the year, dropping from the rate of 21.2 percent registered in Q1, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. The latest quarter marks the first time since Q3 2011
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