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  1. Travel balance falls by 85.1 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    . In total, arrivals from the EU 27 countries fell by 80.4 percent YoY to 661,300. Those from euro.... In total, arrivals showed a drop of 80.1 percent in the first seven months of the year and came to 3

    3%

  2. Tourism boosted GDP by up to 33 pct in 2019, but low arrivals in 2020 could see economy shrink by 10 pct

    EconomyFeatures

    -reaching impact of the industry on the economy as a whole. A total of 31.3 million foreign tourists.... Estimates for the final quarter of the year are expected to show that total revenue for 2020 from

    3%

  3. Budget primary confirmed at deficit of 5.48 bln in August

    EconomyMacroeconomy

    to reduced economic activities in light of the pandemic. State budget total revenues stood at 33.38... of the year, total expenditure came to 39.73 billion, surpassing the target by 4.39 billion. The MoF said

    3%

  4. Microsoft deal welcomed as Greece vies for more foreign investments
    Photo via https://flic.kr/p/2dqKrWG

    EconomyFeatures

    will be around 500 million euros, while the project's total footprint could reach 1 billion euros... and increase the share of ICT specialists to 2.3 percent of total employment, adding extra value of 1.1

    3%

  5. Draft budget sees EU funds fuelling recovery of 7.5 pct in 2021, after 8.2 contraction this year
    Photo by MacroPolis

    EconomyMacroeconomy

    . The total cost is 24.16 billion euros, 21.47 billion of which is allocated to 2020. The actual cash impact... euros of 2020. The total deficit will come to 6.92 billion, from 14.7 billion in 2020, and come to 3.7

    3%

  6. WWF sets out road to green economic recovery in post-Covid landscape
    Photo by MacroPolis

    EconomyFeatures

    for ecosystems and biodiversity would be highly beneficial. A total of 10 investment programmes were outlined..., only 18 percent of total municipal waste is recycled compared to the EU’s target of 50 percent

    3%

  7. Building permits rise by 12 pct in July as construction picks up

    EconomyMacroeconomy

    Building permits rose by 12 percent year-on-year (YoY) in July compared to a rise of 17 percent in June, Hellenic Statistical Authority (ELSTAT) data released on Monday showed. The total number... months of the year, building permits rose by 15.9 percent. Total permits in the aggregate period

    3%

  8. Employment balance positive by 38,529 in September
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    highest on record for the month. Total hirings came to 259,421 versus 220,892 departures. Around 41.5... basis, full-time employment came to 50.5 percent of the total, compared to 40.5 percent for part

    3%

  9. Budget primary shows deficit of 7.01 bln as revenues suffer in September

    EconomyMacroeconomy

    to eliminate its negative effects and increased tax refunds. State budget total revenues stood at 37.59.... During the first nine months of the year, total expenditure came to 44.77 billion, surpassing

    3%

  10. Primary cash balance deficit at 7.12 bln in Sept
    Photo by MacroPolis

    EconomyMacroeconomy

    billion euros to 30.31 billion euros against last year’s total of 35.28 billion. Expenditure... in the first nine months showed a rise of 3.45 billion euros, bringing the total to 41.33 billion euros

    3%