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  1. Retail turnover drops by 1.4 pct i​n August for sixth continuous decline, volume drops by 1 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s retail sales index decreased by 1.4 percent in August following a downward revised drop of 2.7 percent in July, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The latest... compared to July, while volumes increased by 1.1 percent. The latest business indicators for October

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  2. PMI edges down to 48.7 points in October as output declines at fastest rate since May
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    Greece’s manufacturing PMI slipped to 48.7 points in October from 50 points in September, according to the latest data from Markit. According to Markit, readings over 50 and above indicate overall improvement, meaning that the latest figure signals an overall deterioration in the Greek

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  3. Health system feeling strain of Covid-19 second wave
    Photo by Natasha Pantazopoulou/Fosphotos

    PoliticsGreek Politics

    Greece entered the first working day of its new national lockdown on Monday with the focus on the health system’s capacity for dealing with Covid-19 cases, which continue to grow despite the latest... in – the national health service’s ability to take the strain is the main issue attracting attention. In its latest

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  4. Deposits rise by 2.53 bln in October
    Photo by MacroPolis

    EconomyMacroeconomy

    increased by 1.30 billion euros. Time deposits fell by 128 million euros. The latest deposit movement took... for the same period last year showed inflows of 5.39 million. The latest aggregate balance is attributed

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  5. Retail turnover and volume both drop​ by 3.5 pct in September
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s retail sales index decreased by 3.5 percent in September following a revised drop of 0.9 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Monday. The latest month’s... percent compared to August, while volumes were unchanged month-on-month. The latest business

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  6. Updated IMF DSA sees Greek debt as sustainable in medium-term, risks over long-term
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    The International Monetary Fund (IMF) issued this week the latest post-programme monitoring report, the second since the summer of 2018, when the last programme ended. The first report was published... consultation with the latest Article IV report issued in November 2019. Since both previous official

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  7. Govt struggling to keep coronavirus threat at bay
    Photo by MacroPolis

    PoliticsGreek Politics

    insisted that the, albeit curtailed, tourism season was not the main reason for the latest outbreak... reduction in the centre-party’s lead over its rivals in overall terms. Opinion poll The latest ProRata poll

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  8. OECD sees heavy hit from pandemic, gradual recovery in 2021 picking up pace in 2022
    Photo by MacroPolis

    Economy

    The OECD has released its latest economic outlook showing that Greece is unlikely to escape a significant economic downturn due to the second wave of the virus. In line with the Ministry of FInance’s latest budget, the OECD also sees a contraction go 10 percent in GDP this year. Recovery in 2021

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  9. Industrial production drops by 3.7 percent in Oct
    Image via www.viohalco.com

    EconomyMacroeconomy

    in the water supply index (+0.7 percent). According to the latest business survey for November released... was the fastest since May. After a brief uptick in previous months, the latest data signalled the sharpest

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  10. Newsletter 277 -11/12/2020

    Newsletters

    to Christmas. The latest coronavirus data does not give the government any greater room for manoeuvre.... The latest reading is the lowest since July 2015 when it fell by -2.2 percent. The data showed

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