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  1. Turnover in tourism sector up 13.9 pct in Q3, positive for fifth consecutive quarter
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The turnover index in accommodation and food services increased for the fifth straight quarter in the third quarter (Q3) of 2017, growing by 13.9 percent after a slight downward revision to 7.2 percent in Q2, Hellenic Statistical Authority (ELSTAT) figu...

    6%
  2. Talks on Macedonia name issue to be ramped up but Kammenos unmoved
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    A new effort aiming to solve the longstanding dispute between Greece and the Former Yugoslav Republic of Macedonia (FYROM) began last week in Brussels. The United Nations special envoy on the name issue, Matthew Nimetz met with the negotiators of the tw...

    6%
  3. Total overdue tax obligations rise to 100.74 bln, up by 1.19 bln in November
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s new tax debt rose by 1.19 billion euros in November, a slight increase on October’s figure of 1.18 billion, data from the Independent Authority of Public Revenues’ (IAPR) has revealed. New unpaid obligations from tax categories rose by 1.14 bil...

    6%
  4. Coalition and opposition gear up for battle over Novartis claims
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Following a three-day weekend, attention turned to the Novartis bribery allegations again on Tuesday as Parliament prepares to debate the affair and vote on whether to launch a preliminary judicial inquiry. MPs are due to begin debating the government’s...

    6%
  5. Tight schedule ahead for Athens and lenders in build-up to MoU exit

    EconomyProgramme

    The Greek government has denied that Athens and the institutions are considering extending the third programme, which ends in August. The Finance Ministry responded to a report in Fileleftheros (Liberal) newspaper, which claimed that Greece and its cred...

    6%
  6. Car sales up by 33.1 percent in February
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time rose by 33.1 percent in February, slowing from the increase of 44.3 percent noted in January, Hellenic Statistical Authority (ELSTAT) data showed on Friday. Car sales for the month came to 13...

    6%
  7. Wages index improves by 0.2 pct in Q4, up by 2 pct YoY
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    The seasonally adjusted (SA) Wages Index rose by 2 percent year-on-year (YoY) in the fourth quarter (Q4) of 2017, after falling by 0.7 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) figures revealed on Tuesday. The wages index ...

    6%
  8. Retail sales rise by 0.7 pct in Jan, volume up by 1.5 pct
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s retail sales rose by 0.7 percent year-on-year in January after December’s increase was revised down to 2 percent, according to data published by the Hellenic Statistical Authority (ELSTAT) on Friday. January’s headline figure is the second posi...

    6%
  9. Car sales up by 23.9 pct in March and by 33.3 pct in three-month period
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time rose by 23.9 percent in March, remaining positive but declining against the 33.1 percent increase in February, Hellenic Statistical Authority (ELSTAT) data showed on Friday. Car sales for the...

    6%
  10. Economic sentiment up to 104.2 in May, construction confidence grows by 15.7 pts
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) grew by 0.6 points to 104.2 in May versus 103.6 in April, European Commission (EC) figures revealed on Wednesday. May’s reading is the second consecutive reading above the 100-point mark, following the index dipping to ...

    6%