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  1. Trade deficit rises by 7 pct in November
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    a drop of 11.4 percent compared to the same month last year. A breakdown of the figures by geography... exports edged up by 0.1 percent. In the first eleven months of the year, the absolute figures

    6%

  2. CPI rises by 0.9 pct in January
    Photo by MacroPolis

    EconomyMacroeconomy

    from December, compared to a monthly drop of 1.8 percent in January a year ago. The core index edged up by 0.7 percent in January, unchanged from December. Additionally, the goods’ index increased

    6%

  3. EU main destination for exports in 2019, fuel and pharmaceuticals lead way
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyFeatures

    to fourth place. The French market is Greece’s eighth biggest export market, up from eleventh place.... Despite the overall drop, fuel continued to be the top export product in 2019, and came to a total

    6%

  4. Greece braces for potential impact of coronavirus on key economic sectors
    Photo by MacroPolis

    PoliticsGreek Politics

    referenced his French counterpart, who estimated the drop in French tourism at 30-40 pct... cancelled, a some of which were destined for the port of Piraeus. Shipping makes up 7 percent of Greek

    6%

  5. Current account shows deficit of 1.29 bln in January
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    payments rose to 206.5 million, up by 23.4 percent. Total exports in January came to 2.72 billion euros... of the primary and secondary income accounts is mainly attributable to a drop in net receipts from

    6%

  6. Mitsotakis urges EU to act after European Council stalemate
    Photo by MacroPolis

    PoliticsGreek Politics

    during Thursday’s teleconference. The Eurogroup has now been given the task of coming up..., particularly preventing job losses and supporting business that suffer a drop in turnover. He referenced

    6%

  7. ND to unveil more economic support as coronavirus restrictions are extended
    Photo by MacroPolis

    PoliticsGreek Politics

    The government is gearing up for the announcement of a new set of measures to help struggling businesses as the lockdown looks set to stretch well into April. It was confirmed over the weekend... that in current prices GDP will drop to 172.5 billion, from 187.5 in 2019. The GAO also estimates

    6%

  8. Piraeus Bank posts net profit of 49 mln in Q4 and 270 mln in 2019
    Photo by MacroPolis

    EconomyBanking

    in 2019 stood at 982 million, a drop of 6 percent YoY. This trend improved the group’s recurring cost... funding makes up the total current sum. QoQ, the bank reduced its ECB funding by 600 million euros

    6%

  9. Building permits increase by 55.7 pct in January
    Photo by MacroPolis

    EconomyMacroeconomy

    ) and the Ionian islands (+100 percent). A drop of 15.4 percent was noted in western Macedonia. It should... Commission showed that the construction confidence indicator edged up by 0.8 points to -30.5 points

    6%

  10. Gloomy preliminary results for Aegean as state support talk gathers pace

    EconomyFeatures

    Greece’s national airline, Aegean Airlines, has sounded the alarm over its first quarter (Q1) results which showed a sharp drop in revenues in the third month of the quarter, dragging the entire... is also included in plans by the Greek authorities to set up a fund that will co-finance companies

    6%