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  1. Report sees fall in salary earners, big rise in part-time work during crisis
    Photo by MacroPolis

    Economy

    A new annual report from the Labour Institute (INE) of the General Confederation of Greek Workers (GSEE) highlights the devastating impact that the recession and austerity measures have had on the local labour market over recent years. The number of sal...

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  2. ELA funding down by 1.23 bln in August for second successive fall
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding eased for the second successive month in August, when it fell by 1.23 billion euros after a drop by 1.29 billion in July, Bank of Greece's (BoG) monthly financial statement showed on Monday. In absolute terms, Eurosystem ...

    10%

  3. ELA funding drops by 1.58 bln in Sept for third straight fall
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding slipped for the third straight month in September, when it fell by 1.58 billion euros, the Bank of Greece's (BoG) monthly financial statement showed on Thursday. Overall, Central Bank funding has been reduced by 5.19 bill...

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  4. Retail sales down by 4 pct in August for third straight fall
    Photo by MacroPolis

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index dropped for the third successive month in August, albeit at a decelerating pace by 4 percent from 8.6 percent in July, Hellenic Statistical Agency (ELSTAT) data showed on Friday. The August figure is the seven...

    10%

  5. Car sales down by 13.8 pct in Oct for the second fall this year
    Photo by MacroPolis

    EconomyMacroeconomy

    The number of road motor vehicles (going into circulation for the first time) fell by 13.8 percent in October, after rising by 6.7 percent in September, Hellenic Statistical Authority (ELSTAT) figures showed on Tuesday. The October headline figure indic...

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  6. Travel receipts fall by 5.4 pct in Sept for first drop in 2015
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's travel receipts fell by 5.4 percent in September after rising by 7.3 percent in August, Bank of Greece (BoG) data showed on Monday. The September headline figure is the first negative reading in the course of 2015. In absolute terms, travel rec...

    10%

  7. Apartment prices fall at an accelerating pace of 6.1 pct in Q3

    EconomyMacroeconomy

    Greek apartment prices fell by 6.1 percent in the third quarter (Q3) of 2015, at an accelerating pace compared to the downward revised 5 percent drop recorded in Q2, Bank of Greece (BoG) data showed on Wednesday. The performance in Q3 indicates housing ...

    10%

  8. Retail sales fall at slightly slower pace of 3.9 pct in Oct

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index continued heading south in October, when it dropped by 3.9 percent from a 5.3 percent decrease in September, Hellenic Statistical Agency (ELSTAT) data showed on December 31. The October headline figure represe...

    10%

  9. Fall in industrial turnover slows to 1.8 pct in December

    EconomyMacroeconomy

    The drop in Greece’s Turnover Index in Industry markedly slowed to 1.8 percent in December from a revised 10.2 percent drop in November, Hellenic Statistical Authority (ELSTAT) figures displayed on Friday. The December headline figure indicates the four...

    10%

  10. Greek stocks fall 3.1 pct over week, volumes soar on Friday due to FTSE reclassification

    Economy

    After rising in the previous four weeks, the Greek stock market fell 3.1 percent this week. This mostly reflected a drop of 3.3 percent on Friday. The last session was accompanied by a jump in turnover attributed to the country’s reclassification by FTS...

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