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  1. Trade deficit falls by 24 pct in Sept despite slight uptick in exports to EU
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit fell by 24 percent year-on-year (YoY) in September compared to a drop... of 10.6 percent compared to the same month last year. A breakdown of the figures by geography showed... for the first nine months of the year showed that the trade deficit fell by 19 percent, bringing the total

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  2. In negative territory for 12 straight months, industrial production drops by 2.4 pct in Sept
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) decreased by 2.4 percent year-on-year (YoY) in September... revealed on Monday. On a YoY basis, the index has remained consistently negative in the year so far... an improvement and rose by 9 points month-on-month to stand at -9 points. Year-on-year, industry

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  3. Surge in Covid-19 deaths as work on adjusted 2021 budget nears completion
    Photo by MacroPolis

    PoliticsGreek Politics

    is marked each year by a march from the Athens Polytechnic to the US Embassy but this year, due... for this year will be above 10 pct, followed by 5 pct growth in 2021, and Greece’s debt ratio is seen... of the year. According to reports, the stipends will be handed out to vulnerable groups that have not had

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  4. Exporters focus on new markets to weather pandemic
    Photo via Flickr https://flic.kr/p/oDf3bQ

    EconomyMacroeconomy

    for Greek exports has experienced a shake up during the first nine months of the year, while exporters have been trying to hold on to their existing markets. In the first nine months of the year, France... the Hellenic Statistical AUthority (ELSTAT), KEEM showed that in the first 9 months of the year, exports

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  5. NBG results show net profits of 602 mln euros in 9M
    Photo by MacroPolis

    EconomyBanking

    ) to 171 million. Year-on-year (YoY), the figure fell by 5 percent to 439 million in 9M 2020 compared... by the end of the year. The bank noted that new defaults remain low, as the drop in economic... (-1 percent QoQ) and fell by 4 percent in the year to date. These stem largely from reduced personnel

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  6. Trade deficit falls by 30 pct in October as imports and exports remain slow
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    Greece’s trade deficit fell by 30 percent year-on-year (YoY) in October compared to a drop of 24... of 7.9 percent compared to the same month last year. A breakdown of the figures by geography showed... ten months of the year showed that the trade deficit fell by 19.3 percent, bringing the total

    1%
  7. Industrial production drops by 3.7 percent in Oct
    Image via www.viohalco.com

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) decreased by 3.7 percent year-on-year (YoY) in October...) data revealed on Thursday. On a YoY basis, the index has remained consistently negative in the year so... at -12.4 points. Year-on-year, industry confidence has fallen by 5.6 points. In addition, Markit’s PMI

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  8. EU Council boosts recovery fund hopes, falls short on Turkey

    PoliticsGreek Politics

    as a tough year draws to close. According to reports early on Friday, the European Council was set... economy is set to contract by more than 10 pct this year, these funds are vital to the government’s hopes of achieving a quick and strong recovery from next year, thereby relieving some

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  9. Employment balance negative by 29,933 in Nov, 40,403 fewer jobs created in aggregate
    Photo by MacroPolis

    EconomyMacroeconomy

    the Labour Ministry’s Ergani information system showed. Compared to the same month last year... (-1,497). In the first eleven months of the year, the employment balance showed that there were 90,887 more hirings than firings. However, compared to last year, there were 40,403 fewer jobs created

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  10. Athens wary as exploratory talks with Turkey approach
    Photo via https://flic.kr/p/2jQRsMX

    PoliticsForeign Policy

    After a fractious year in its relations with Turkey, Greece is preparing itself for bilateral... for the new year: Stop asking for help from others and injuring the Greek people’s dignity... wishes and advice, may 2021 be the year of the three As for Turkey.” He added: “1. Abandon its threats

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