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  1. Building permits increase by 10.2 pct in March

    EconomyMacroeconomy

    Building permits rose by 10.2 percent year-on-year (YoY) in March compared to a rise of 64.3 percent in February, Hellenic Statistical Authority (ELSTAT) data released on Friday showed. The total number of permits came to 1,305, meaning that they have stayed above the 1,000-permit mark for close

    2%

  2. Leaders clash over economy as PM looks on bright side of Eurogroup assessment
    Photo by MacroPolis

    PoliticsGreek Politics

    publication of GDP data for the first quarter of he year, Tsipras argued that New Democracy is the main

    2%

  3. Distrust in news sources remains high, regardless of popularity
    Photo by MacroPolis

    Society

    since the data was gathered. The survey found that Greeks continued to express high levels of distrust

    2%

  4. Current account shows deficit of 1.13 bln in April, travel receipts crash as arrivals dry up
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    Greece’s current account (C/A) balance posted a deficit of 1.13 billion euros in April compared to a deficit of 1.10 billion in March, Bank of Greece (BoG) data showed on Friday. In the same period last year, the deficit was 1.40 billion euros, meaning that the deficit has improved by 264.3 million

    2%

  5. Industrial turnover drops by 35.4 pct in April, hitting series low
    Image via www.viohalco.com

    EconomyMacroeconomy

    Greece’s industrial turnover fell by 35.4 percent year-on-year (YoY) in April compared to a drop of 9.3 percent in March, Hellenic Statistical Authority (ELSTAT) data published on Friday showed. April’s headline figure is the lowest reading in the series, surpassing the previous low of -31.6

    2%

  6. ND feeling fiscal pressure as row over media handouts rumbles on
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    The latest macroeconomic data has highlighted the fiscal pressure that is mounting on Greece’s centre-right government, especially as it hopes to return to its programme of tax cuts later this year. Meanwhile, a row continues to rage over New Democracy’s decision to share out 20 million euros among

    2%

  7. Multiple fronts and falling revenues pose pensions challenge for government
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    fiscal data release, the PBO showed that between January and April, social security fund revenues

    2%

  8. BoG highlights how Covid-19 compounds legacy issues and structural challenges
    Photo by MacroPolis

    Economy

    and by 1.6 pct quarter-on-quarter. Data and projections are still subject to uncertainty

    2%

  9. Retail turnover drops by 24.7 pct in April, volume also down by 24.8 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s retail sales index decreased sharply by 24.7 percent in April following an upward revised drop of 0.7 percent in March, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. The current month’s reading represents a new series low, surpassing the previous low of -17.9 percent seen

    2%

  10. PMI rises to 49.4 points in June as manufacturing resumes
    Image via www.mytilineos.gr

    EconomyMacroeconomy

    Greece’s manufacturing PMI increased to 49.4 points in June from 41.1 points in May, according to the latest data from Markit PMI. The latest reading indicates a slowing down of the deterioration seen across the sector and a notable improvement from April’s historically low reading

    2%