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  1. Report shows Greek tax burden increased in 2015, remaining above OECD average
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    The latest OECD report on Revenue Statistics published on Wednesday revealed Greece’s tax burden increased further by 1 percentage point (pp) to 36.8 percent of GDP in 2015 and remained above the OECD average of 34.3 percent for the third successive year. In 2014, Greece’s ratio stood at 35.8

    1%

  2. Retail sales rebound for second time in last three months by 1.7 pct in September
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent) followed by super markets (-14.9 percent) and automotive fuel (-16.8 percent). The latest retail

    1%

  3. New poll hurts coalition's recovery hopes as Turkey threat grows
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Another day and another set of worrying poll results for the government, which despite the negative data will be more concerned with escalating tension with Turkey. The latest University of Macedonia poll for Skai TV, made public on Thursday night, indicated that support for New Democracy had

    1%

  4. Turnover in tourism sector rebounds 2.6 pct in Q3
    Photo by Yiannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    value for Q3 is the highest quarterly reading each year. Bank of Greece (BoG) latest figures showed

    1%

  5. Unemployment rate falls to 23.1 pct in September, lowest since March 2012
    Photo by MacroPolis

    EconomyMacroeconomy

    figure of 19.2 percent was posted in the Aegean Islands. According to the latest government, European

    1%

  6. Tsipras springs surprise with handout pledge for pensioners
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    the latest fiscal measures that are included in the 2017 budget which is currently being debated

    1%

  7. CPI falls at faster pace of 0.9 pct in November
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    -month trailing index points to a decrease of 0.8 percent in November. The latest government, European

    1%

  8. Building activity edged up 1 pct in September
    Photo by MacroPolis

    EconomyMacroeconomy

    13,257 in 2015, entailing a nosedive of more than 86 percent. The Bank of Greece’s (BoG) latest figures

    1%

  9. The IMF and Greece's bitter pill
    Photo by Panayiotis Tzamaros/Fosphotos

    Agora

    - Greece’s latest European Stability Mechanism programme generates a degree of austerity that prevents the “nascent recovery from taking hold.” - Greece needs reforms that should be used “to increase spending or cut taxes to support growth” and not push for higher primary surplus targets. - Pushing

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  10. Turnover in services sector improves in Q3
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    and accounting services has also surged by 49.1 percent over this period. The latest services confidence

    1%