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  1. Govt scrambles to prevent Covid-19 spreading further as holidaymakers return to cities
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    . Mitsotakis was also due to chair a teleconference on Monday to assess the latest data and the next

    2%
  2. Primary cash deficit at 8.10 bln in July

    EconomyMacroeconomy

    data showed recently. This means the primary deficit rose by 34 percent in just one month

    2%
  3. Industrial turnover drops by 3.8 pct in June, slowing from previous months
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s industrial turnover fell by 3.8 percent year-on-year (YoY) in June compared to a drop of 30.4 percent in May, Hellenic Statistical Authority (ELSTAT) data published on Wednesday showed. After two preceding months where the headline figure fell by over 30 percent, June’s figure represents

    2%
  4. Current account shows deficit of 1.42 bln in June, driven by slashed tourism revenues
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s current account (C/A) balance posted a deficit of 1.42 billion euros in June compared to a deficit of 913.9 million euros in May, Bank of Greece (BoG) data showed on Thursday. In the same period last year, the balance showed a surplus of 805.3 million euros, meaning that the deficit has

    2%
  5. Insolvency code, 'second chance' for debtors unveiled as ND eyes social impact of crisis
    Photo by MacroPolis

    PoliticsGreek Politics

    will end up at 8 pct of GDP, although other estimates put it at around 10 pct. The GDP data from

    2%
  6. Retail turnover drops by 6.9 pct in June, volume drops by 7.3 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s retail sales index decreased by 6.9 percent in June following a revised drop of 4.6 percent in May, Hellenic Statistical Authority (ELSTAT) data showed on Monday. The latest month’s reading is the second lowest drop in the year so far after the series low of -24.5 percent in April

    2%
  7. PMI edges up to 49.4 points in August, employment rises
    Photo via Flickr https://flic.kr/p/oDf3bQ

    EconomyMacroeconomy

    Greece’s manufacturing PMI increased slightly to 49.4 points in August compared to 48.6 points in July, according to the latest data from Markit. The slower overall decline largely stemmed from softer contractions in output and new orders, as well as a return to growth of employment amid a pick-up

    2%
  8. Trouble from Turkey prompts plans for extra defence spending after years of cuts
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    to data from Eurostat, Greece spent 7.24 billion euros on defence in 2008, the year before the debt

    2%
  9. Trade deficit falls by 17.1 pct in July
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit fell by 17.1 percent year-on-year (YoY) in July compared to a drop of 10.3 percent in June, data from the Hellenic Statistical Authority (ELSTAT) released on Monday showed. The deficit came to 1.56 billion euros for the month. Imports totalled 4.46 billion euros, showing

    2%
  10. Car sales drop by 23.6 pct in August and 29.4 pct in first 8 months
    Photo by Andreas Simopoulos/Fosphotos

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time fell by 23.6 percent in August, compared to a drop of 14 percent in July, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. In August 2019, the year-on-year change showed a rise of 20.2 percent. Car sales for the month

    2%