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  1. Eight in 10 tourist visits to just five regions, six nationalities generate half of receipts
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    A recent study looking at data from the tourism sector highlights that more than 80 percent of visits to Greece in 2018 were to just five regions and around half of receipts were generated by tourists from six countries. The study was conducted by the research arm of the Greek tourism institute

    2%

  2. Athens hopes lower bond yields strengthen case for reducing fiscal targets
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    analysis (DSA) for Greece based on the latest market data. He added that the government would put

    2%

  3. Trade deficit falls by 22.9 pct in June as imports drop sharply
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit dropped by 22.9 percent (YoY) in June compared to a rise of 56 percent in May, data from the Hellenic Statistical Authority (ELSTAT) released on Wednesday showed. The deficit stood at 1.53 billion euros in June, compared to 2.19 billion euros in May. Imports came to 4.29

    2%

  4. BoG awaits go-ahead from DG Comp over NPL scheme
    Photo by MacroPolis

    EconomyBanking

    of 40 billion euros. BoG’s data showed that the above loans have collateral valued by the banks at 17

    2%

  5. Increase in car sales slows markedly in July
    Photo by Andreas Simopoulos/Fosphotos

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time increased by 0.3 percent in July versus a 4.9 percent rise in June, Hellenic Statistical Authority (ELSTAT) data showed on Friday. Last July, the annual increase was 17.9 percent. This July’s headline figure marks four consecutive months

    2%

  6. Industrial production rises by 0.3 pct in Jun and 1.2 pct in 6-month period
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) increased by 0.3 percent year-on-year (YoY) in June compared to a revised decrease of 0.1 percent in May, Hellenic Statistical Authority (ELSTAT) data revealed on Friday. Month-on-month (MoM), the index rose by 4.4 percent after a revised increase of 0.9

    2%

  7. Building permits increase by 7.4 pct in May

    EconomyMacroeconomy

    Building permits rose by 7.4 percent year-on-year (YoY) in May compared to a rise of 14.6 percent in May, Hellenic Statistical Authority (ELSTAT) data released on Friday showed. The total number of permits came to 1,453, staying above the 1,000-permit mark for a third month. The corresponding

    2%

  8. Budget primary surplus reaches 1.78 bln in July, almost double target
    Finance Ministry

    EconomyMacroeconomy

    The budget primary surplus reached 1.78 billion euros in the first seven months of 2019, compared to a surplus of 926 million in the same period last year, preliminary budget execution data from the Finance Ministry (MoF) showed on Friday. The primary surplus is comfortably outperforming

    2%

  9. Industrial turnover drops by 7.5 pct in June
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyMacroeconomy

    Greece’s industrial turnover fell by 7.5 percent year-on-year (YoY) in June following a revised drop of 0.2 percent in May, Hellenic Statistical Authority (ELSTAT) data published on Monday showed. June’s reading is the fourth negative reading in the year so far. The 12-month trailing index grew

    2%

  10. Government gets back to work with shuttle diplomacy and legislation

    PoliticsGreek Politics

    for. His job will be made easier by strong revenue data and improved growth projections, which will be used

    2%