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  1. Eurogroup to approve release of bond profits but bid to repurpose funds falls flat
    Photo via Fosphotos

    EconomyProgramme

    onwards. It is due to drop to just over 2 percent of GDP from 2023 but New Democracy is hopeful it can... a significant drop in bond yields and the impact this has on the debt sustainability analysis. In the latest

    4%

  2. New tax debt at 6.95 bln to Nov, down by 28.2 pct YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    from the IAPR. The total number of tax debtors rose by 35,683 month-on-month compared to a drop..., effective new tax debt for the month increased by 646 million euros, outstripping the drop

    4%

  3. Industrial turnover rises by 11.3 pct in December
    Image via www.mytilineos.gr

    EconomyMacroeconomy

    Greece’s industrial turnover increased by 11.3 percent year-on-year (YoY) in December, recovering from a revised drop of 8 percent seen in November, Hellenic Statistical Authority (ELSTAT) data... led by a drop of 25.7 percent in coal, lignite and oil and gas extraction activities

    4%

  4. Trade deficit declines by 7.9 pct in March
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    . The deficit came to 1.79 billion euros for the month. Imports totalled 4.28 billion euros, showing a drop of 9.8 percent YoY. At the same time, exports totalled 2.49 billion euros, recording a drop of 11.2

    4%

  5. Retail turnover drops by 6.9 pct in June, volume drops by 7.3 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s retail sales index decreased by 6.9 percent in June following a revised drop of 4.6 percent in May, Hellenic Statistical Authority (ELSTAT) data showed on Monday. The latest month’s reading is the second lowest drop in the year so far after the series low of -24.5 percent in April

    4%

  6. Unemployment drops to 16.8 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    month, a drop of 8.2 percent. On an annual basis, the number of unemployed fell by 31,386 or 3.9 percent... down by age group, the largest annual drop in unemployment was seen in the 45-54 years age group

    4%

  7. Pandemic takes heavy toll on Greek workers, study finds
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    declined from 885 euros in Q2 2019 to 802 euros in Q2 2020, a drop of roughly 10 percent. There was also.... The biggest drop was for those earning salaries of between 401 and 600 euros, which stood at 16.3 percent

    4%

  8. In negative territory for 12 straight months, industrial production drops by 2.4 pct in Sept
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    largely by a 16.5 percent decrease in the mining and quarrying index, along with a drop... percent compared to the same period in 2019. The aggregate was driven by a 8.1 percent drop

    4%

  9. Retail turnover drops by 7.9 pct and volume by 6.9 pct in November
    Photo by MacroPolis

    EconomyMacroeconomy

    month’s reading was the biggest decrease since April’s drop of 24.5 percent, and shows the impact... percent). The annual volume decrease was led by a drop of 22.3 percent in automotive fuel

    4%

  10. Trade deficit falls 10.8 pct in December as exports rise slightly
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit fell by 10.8 percent year-on-year (YoY) in December compared to a drop of 18 percent in November, data from the Hellenic Statistical Authority (ELSTAT) released on Friday..., showing a drop of 2.3 percent YoY. At the same time, exports totalled 2.98 billion euros, recording

    4%