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  1. Easter timing pushes retail sales down markedly in May with -4.4 pct YoY fall
    Photo by MacroPolis

    EconomyMacroeconomy

    decreased by 0.2 percent and food sales dropped by 3.1 percent. Supermarket sales fell by 2.2 percent and food and beverages were down by 7.7 percent. Clothing and footwear also recorded a drop of 7.1

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  2. August CPI moderates sligthly to 2.9 pct YoY, rents climb by 10.9 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    in hotels, cafes, and restaurants. Clothing and footwear increased by 7.7 percent and health increased... December last year, food inflation rose by 2.2 percent, after an increase of 2.8 percent YoY in July.

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  3. Greek housing market at new juncture as Covid-19 shakes foundations
    Photo by MacroPolis

    EconomyFeatures

    falling by 2.2 percent in 2017 and 3.2 percent in 2018, remaining stable in the first 7 months... availability of long-term rentals. According to one estimate published by rental platform.... It is estimated that the golden visa programme attracted upwards of 2 billion euros of foreign investment

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  4. Higher education in Greece needs radical overhaul to create labour-relevant workforce, study says
    Photo by Natasha Pantazopoulou/Fosphotos

    Society

    sector was 884 euros in 2016 compared to 1,054 euros in 2008. In the public sector, despite falling

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  5. NBG 2024 profits at 1.16 bln, commision income up 12 pct at 427 mln
    Image: NBG

    EconomyBanking

    Income (PPI) stood at 1.9 billion, up by 5 percent annually. Operating expenses in 2024 were 884 million

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  6. In autumn forecasts, EC sticks by GDP estimates but expects lower unemployment
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    previous estimate that economic activity will start picking up from the second half of this year.... However, EC updated its estimates on the GDP components and is now expecting private consumption to drop... estimates involve persistence of the strong revenue collection as well as revenue administration

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  7. Gathering signs of coronavirus impact on growth expectations
    Photo by Alex Proimos via Flickr https://flic.kr/p/bt29wL

    Economy

    by 2.2 percent this year against a baseline of 2.5 percent, which as mentioned is already lower than... to 1.9 percent in 2020, almost a full percentage point lower than the government’s estimate. This could... on these negative estimates, we seem to be moving away, probably significantly, from the target of GDP growth

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  8. Newsletter 334 - 08/04/2022

    Newsletters

    , growth is suppressed to 2.2 pct and inflation shoots up to 11 pct, on the back of the price of oil... the Greek economy growing by 3.8 pct, down by one percentage point from the previous estimate and HICP... and geopolitical developments are gradually being reflected in the latest estimates of domestic institutions

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  9. Parliament will not probe 2015 bailout negotiations but issue unlikely to disappear
    Photo by MacroPolis

    PoliticsGreek Politics

    . In recent comments clarifying his description of the preparation of so-called Plan X in his book, Galbraith... was involved in a strategy that sought to push Greece towards a euro exit, said that Plan X

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  10. Are Chinese investments starting to hit a wall in Germany?
    Photo via Flickr https://flic.kr/p/oDf3bQ

    Agora

    .[x] The rapid growth of Chinese outbound investment in recent years has raised awareness in host... Volkswirtschaft um? Berlin, January 2019. [x] See: Bershidsky, Leonid: “Germany Enters the Global

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