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  1. Despite satisfaction with Covid-19 numbers, govt not eyeing let-up in restrictions
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    PoliticsGreek Politics

    be linear and would have to be adjusted according to the data regarding how the virus has spread

    2%

  2. Industrial production falls by 3.4 percent in February
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    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) fell by 3.4 percent year-on-year (YoY) in February compared to a revised decrease of 1 percent in January, Hellenic Statistical Authority (ELSTAT) data revealed on Thursday. The headline figure is the fifth consecutive negative reading in as many months

    2%

  3. Car sales drop by 50.8 pct in March
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    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time fell sharply by 50.8 percent in February, compared to a rise of 7.7 percent in February, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. In March 2019, the year-on-year change showed a drop of 9.5 percent. Car sales

    2%

  4. Worst ever negative employment balance recorded in March as virus measures hit
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    The employment balance turned sharply negative in March with 41,903 more firings than hirings, data from the Labour Ministry’s Ergani information system showed. Compared to the same month last year, there were 85,276 more people fired than hired. Ergani noted that the balance for March 2020

    2%

  5. CPI unchanged in March YoY, rises by 1.6 pct MoM
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    EconomyMacroeconomy

    in the preceding months. The data showed that the core index rose by 1.1 percent in March compared

    2%

  6. Study proposes higher public spending to counter expected rise in NPLs
    By Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    econometric vector error correction models. To create the estimate, data was used covering the period

    2%

  7. Industrial turnover drops by 2.4 pct in February
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    Greece’s industrial turnover fell by 2.4 percent year-on-year (YoY) in February compared to a slightly upward revised increase of 5.8 percent in January, Hellenic Statistical Authority (ELSTAT) data published on Thursday showed. February’s headline figure interrupts two consecutive months

    2%

  8. Current account shows deficit of 1.14 bln in February
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s current account (C/A) balance posted a deficit of 1.14 billion euros in February compared to a deficit of 1.29 billion in January, Bank of Greece (BoG) data showed on Tuesday. In the same period last year, the deficit was 1.02 billion euros, meaning that the deficit has deepened by 122.2

    2%

  9. Travel balance more than double in Feb as arrivals increase by 24.6 pct
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    EconomyMacroeconomy

    Greece’s travel balance rose to 73.7 million euros in February from 33.4 million a year ago, Bank of Greece (BoG) data has shown. This is equal to an increase of 120.3 percent year-on-year (YoY). Receipts came to 240.4 million euros for the month, increasing by 21.1 percent YoY. Travel payments

    2%

  10. Fitch keeps Greece at 'BB' but revises outlook to stable with eye on Covid-19 impact
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    Economy

    in 2021 and larger output drops this year. According to data from the World Travel and Tourism Council

    2%