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  1. Tourism could give economy annual 5 bln boost, NBG report finds
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyFeatures

    . Employment in the tourism sector grew by 7 percent between 2008-2016 versus the 23 percent drop...), an amount that is 15 percent lower than the nearest competitor. One of the reasons behind

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  2. Newsletter 130 - 04/08/2017

    Newsletters

    at the June 15 Eurogroup, where the creditors urged Athens to ensure that he does not face further... billion to 38.9 billion until September 7. 2 Retail sales grow by 0.4 pct in May Seasonally adjusted

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  3. Tourism accounts for 27.3 pct of Greek GDP in total, study shows

    EconomyFeatures

    the southern Aegean (26 percent), Crete (23 percent), Attica (15 percent), central Macedonia (13... the same at 7 nights. Inbound tourism excluding cruises increased by 9.7 percent to 24.8 million

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  4. Trade deficit drops by 4.6 pct in April as export activity remains strong
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    products and the value of ships, exports and imports grew by 11.8 percent and 7 percent... increased by 15 percent, while at the same time, those to EU countries rose by 11.8 percent. Stripping out

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  5. Multi-bill passed, sub-tranche released but debt relief expectations dwindling
    Photo by MacroPolis

    EconomyProgramme

    a prolongation of up to 15 years but Greek Finance Minister Euclid Tsakalotos suggested recently... and the extension will be smaller, possibly at around 7 years. The length of the extension could be directly

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  6. Blueprint for election battle laid out in Parliament debate
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    7. He added that his aim is to complete all the obligations set out in the agreement signed recently in Prespes by January 15. This is significant for the Greek government as it will have to submit

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  7. Newsletter 169 -06/07/2018

    Newsletters

    , 30 or October 7. Then, his government will have to get parliamentary approval for the changes... sales. The deposit base is steadily improving with inflows of close to 15 billion since June 2015

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  8. Industrial production grows by 1.2 pct in June and rises by 0.5 pct in first half of the year
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    products and pharmaceutical preparations (+15 percent). The three largest declines were noted... showed that industry confidence rose by 7 points to 5.4, turning positive again after four months

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  9. Alpha Bank makes loss of 52.9 mln in Q2, reaching profit of 12.3 mln in H1
    Photo by MacroPolis

    EconomyBanking

    million). Smaller increases were noted in mortgages (+15 million) and consumer loans (+6 million... and spread reduction in Q2 had a negative impact of 7 million euros. Lower interest income from bonds

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  10. Travel balance up by 1.4 pct in August as EU arrivals jump by 17 pct
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    just short of 15 million. Arrivals from euro-denominated countries increased by 17.8 percent to exceed... under 7 million. Arrivals from outside the EU rose by just 0.1 percent to 6.1 million. In total

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