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Grim picture in labour market obliges govt to provide more job support schemes
EconomyFeaturesThe government is taking measures to mitigate the impact of the coronavirus pandemic on unemployment, particularly in sectors directly or indirectly connected to the tourism industry. The latest data... tourism revenues appear to be dashed, as the Bank of Greece's latest figures as of June showed that 5
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Bank deposits rise by 3.32 bln in July
EconomyMacroeconomydeposits increased by 2.06 billion euros. Time deposits also rose by 683 million euros. The latest... figure for the same period last year showed inflows of 4.35 million. The latest aggregate balance
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Retail turnover drops by 6.9 pct in June, volume drops by 7.3 pct
EconomyMacroeconomyGreece’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... rose by 1 percent. The latest business indicators for August published by the European Commission
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PMI edges up to 49.4 points in August, employment rises
EconomyMacroeconomyGreece’s manufacturing PMI increased slightly to 49.4 points in August compared to 48.6 points in July, according to the latest data from Markit. The slower overall decline largely stemmed from... to entice customers. The latest fall in charges came alongside a faster rate of input price inflation
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Industrial production drops by 0.2 percent in July
EconomyMacroeconomy). According to the latest business survey for August released by the European Commission, industry... points, according to the latest data from Markit PMI. The slower overall decline largely stemmed
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Heading for talks with Turkey, Athens sets expectations low
PoliticsGreek Politicsthe start of the latest round of exploratory talks as a success of its approach over recent weeks..., such as the demilitarisation of Greek islands. Athens, however, accepts that given the latest turn
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Deposits rise by 421 mln in August as aggregate growth nearly doubles
EconomyMacroeconomymillion euros. Time deposits fell by 215 million euros. The latest deposit movement took the aggregate... year showed inflows of 5.37 million. The latest aggregate balance is attributed to sight inflows
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Retail turnover drops by 3 pct in July for fifth straight negative reading
EconomyMacroeconomyGreece’s retail sales index decreased by 3 percent in July following a downward revised drop of 3.3 percent in June, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. The latest month..., while volumes fell by 0.9 percent. The latest business indicators for September published
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Microsoft deal welcomed as Greece vies for more foreign investments
EconomyFeaturesof European FDI. However, in the latest EY Attractiveness Survey Greece 2020, Greece ranked number 29... domestic and foreign investment, the report said. Tech landscape The fact that the latest
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Deposits rise by 1.16 bln in September
EconomyMacroeconomyincreased by 1.36 billion euros. Time deposits fell by 552 million euros. The latest deposit.... The latest aggregate balance is attributed to sight inflows of 8.20 billion combined with savings inflows
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