Search
-
CPI falls by 1.9 pct YoY in August
EconomyMacroeconomyit fell by -2.2 percent. The data showed that the core index fell by 1.4 percent in August compared
2% -
Building permits rise by 17 pct in June
EconomyMacroeconomyBuilding permits rose by 17 percent year-on-year (YoY) in June compared to a fall of 8.7 percent in May, Hellenic Statistical Authority (ELSTAT) data released on Friday showed. The total number of permits came to 1,747. The corresponding surface area rose by 10.2 percent while volume increased
2% -
Employment balance positive by 4,342 in August, aggregate shows 169,239 fewer jobs created
EconomyMacroeconomyThe employment balance was positive with 4,342 more hirings than firings in August, data from the Labour Ministry’s Ergani information system showed. Compared to the same month last year, there were 1,231 more people hired than fired. Total hirings came to 160,583 versus 156,241 departures. Around
2% -
Industrial turnover drops by 16.2 pct in July as manufacturing slows
EconomyMacroeconomyGreece’s industrial turnover fell by 16.2 percent year-on-year (YoY) in July compared to a drop of 3.8 percent in June, Hellenic Statistical Authority (ELSTAT) data published on Friday showed. The latest reading is the sixth consecutive decline in seven months. The monthly performance was led
2% -
More Covid-19 measures on way for Athens as public concern grows
PoliticsGreek PoliticsOverall, the opinion poll provided Mitsotakis with welcome data. It indicated that support for his
2% -
Current account shows deficit of 874.5 mln in July as travel receipts disappoint
EconomyMacroeconomyGreece’s current account (C/A) balance posted a deficit of 874.5 million euros in July compared to a deficit of 1.42 billion euros in June, Bank of Greece (BoG) data showed on Monday. In the same period last year, the balance showed a surplus of 1.35 billion euros, meaning that the deficit has
2% -
BoG sees 7.5 pct recession, EU funds boosting GDP by 1.9 pct annually
Economyestimates and is based on the latest official data from ELSTAT, which sees Greek GDP dropping by 7.9 pct
2% -
Retail turnover drops by 3 pct in July for fifth straight negative reading
EconomyMacroeconomyGreece’s retail sales index decreased by 3 percent in July following a downward revised drop of 3.3 percent in June, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. The latest month’s reading is the fifth consecutive negative reading in as many months. The corresponding volume
2% -
PMI rises to 50 points in September, signalling stabilisation
EconomyMacroeconomyGreece’s manufacturing PMI increased to 50 points in September from 49.4 points in August, according to the latest data from Markit. This marks the highest reading for Greece since February and indicates an improvement in operating conditions, signalling a positive end to the third quarter
2% -
Trade deficit falls by 27.1 pct in August
EconomyMacroeconomyGreece’s trade deficit fell by 27.1 percent year-on-year (YoY) in August compared to a drop of 17.1 percent in July, data from the Hellenic Statistical Authority (ELSTAT) released on Wednesday showed. The deficit came to 1.27 billion euros for the month. Imports totalled 3.33 billion euros, showing
2%