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Industrial turnover falls by 9.4 pct in June
EconomyMacroeconomyGreece’s industrial turnover continued its steady decline during 2016, falling by 9.4 percent year on year in June from a revised 13.6 percent drop in May, according to data released by ELSTAT on Friday. Turnover in industry has been in negative territory since November 2014. As a result, over
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Current account surplus almost doubles to 1 bln in June
EconomyMacroeconomy. Reserve assets edged up to 6.85 billion at the end of June from 6.68 billion at the end of May
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Apart from bailout review, plenty to keep Tsipras busy in autumn
PoliticsGreek Politicspossible friction between his loyalists and the 53 but the congress may trigger a more overt rivalry
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Deposit flow turns negative, outflows of 153 mln in July
EconomyMacroeconomybe pointed out that the increased tax obligations in the next few months may erode the deposit base, while
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Retail sales drop for thirteenth straight month by 5.2 pct in June
EconomyMacroeconomyThe turnover of Greece’s retail trade index continued heading south unabated, albeit at a slower pace of 5.2 percent in June from a revised drop of 7.9 percent in May, Hellenic Statistical Agency (ELSTAT) figures showed on Wednesday. In June 2015, retail sales had edged down by 1.7 percent, while
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After joy of TV permit auction, Tsipras faces programme restrictions
PoliticsGreek Politicspart in the process, raising the possibility that at least one of the challenges may be successful
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Tsipras limits pledges and expectations in Thessaloniki
PoliticsGreek Politicsfor suggesting that the charges against him may jeopardise an agreement on measures to lighten Greece’s debt
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Building activity slumps by 21.7 pct in June for sixth successive month
EconomyMacroeconomyGreek building permits fell for the sixth straight month by 21.7 percent in June, at a slower pace compared to the 31.5 percent drop recorded in May, Hellenic Statistical Authority (ELSTAT) data displayed on Monday. The corresponding surface and volume also notably declined by 15.3 and 22.7 percent
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Athens briefed as talks on Cyprus reunification intensify
PoliticsForeign Policyimplementation. Turkey may have representatives on this force. The Cyprus issue is expected to dominate
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Mitsotakis uses tax cut pledge as driving force in effort to provide alternative
PoliticsGreek Politicsthe constraints of Greece’s adjustment programme, then he may have succeeded. The other key goal
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