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  1. Industrial turnover surges 26.9 pct in Jan, also reflecting low base effect

    EconomyMacroeconomy

    Greece’s Turnover Index in Industry soared by 26.9 percent in January after an upward revised double-digit growth of 14.7 percent in December, Hellenic Statistical Authority (ELSTAT) data revealed on Wednesday. The January headline figure is the third p...

    4%

  2. Current account deficit narrows to 271 mln in Jan
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s current account (C/A) deficit narrowed to 271.1 million euros in January 2017 from 771.4 million a year ago, Bank of Greece (BoG) figures showed on Thursday. The improvement by around 500 million euros from last year largely reflects an increas...

    4%

  3. Travel receipts drop 2.4 pct in Jan following lower foreign arrivals
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece's travel receipts fell by 2.4 percent to 164.8 million euros in January, Bank of Greece (BoG) figures showed on Friday. At the same time, the corresponding payments rose by 15 percent to 149.5 million, leading travel surplus down by 60.6 percent ...

    4%

  4. Retail sales rebound 1.4 pct in Jan after brief fall in Dec
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index increased by 1.4 percent in January after a brief drop of 1.3 percent in December, Hellenic Statistical Agency (ELSTAT) data revealed on Friday. The January headline figure represents the fourth positive readi...

    4%

  5. Building activity increases for second straight month after 11.1 pct rise in Jan
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    Greek building permits increased for the second straight month in January but at the faster pace of 11.1 percent after a rise of 2.1 percent in December, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. The absolute figure of permits la...

    4%

  6. Multi-bill on way as Athens aims to complete third review by Jan 22
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    The tabling of the omnibus bill that seeks to sweep up most of the remaining prior actions in the third review is just a matter of days away. Parliamentary sources told the local media on Wednesday that the multi-bill would be submitted to the House ear...

    4%

  7. Deposits turn negative in Jan with outflows of 1.40 bln

    EconomyMacroeconomy

    Net deposit movement in the Greek banking system turned negative in January with outflows of 1.40 billion euros compared to positive inflows of 2.54 billion euros in December, Bank of Greece (BoG) figures revealed on Tuesday. The negative headline figur...

    4%

  8. Industrial production falls by 1.7 pct in Jan
    Image via www.helpe.gr

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) declined by 1.7 percent in January after December’s growth was revised up to 1.3 percent, Hellenic Statistical Authority (ELSTAT) data revealed on Monday. January’s headline figure is the first time since Janua...

    4%

  9. New overdue taxes rise by 766 mln in Jan, total stock at 99.44 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s new tax debt increased by 766 million euros in January from 1.30 billion in December, data from the Independent Authority of Public Revenues (IAPR) revealed on Wednesday. The headline figure for the month is one of the first time in three month...

    4%

  10. Industrial turnover makes strong start to year with growth of 12.7 pct in Jan
    Image via www.titan.gr

    EconomyMacroeconomy

    Greece’s industrial turnover shot up by 12.7 percent in January, after December’s figure was softened to -1.9 percent, according to Hellenic Statistical Authority (ELSTAT) data published on Thursday. The 12-month trailing index grew by 11 percent. Janua...

    4%