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  1. Overdue social security contributions climb to 22.5 bln at end of Q1
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of the first quarter (Q1) of 2017 from 17.54 billion at the end of the previous quarter, a bulletin... doubled from the previous quarter to around 620,000 at the end of Q1 from almost 315,000 at the end of Q4... triple from the previous quarter figure of 127,086. Moreover, 13.4 percent of debtors owe between

    3%

  2. Q1 GDP down by mild 0.1 QoQ, hinting at impact of drawn-out review
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ) in the first quarter (Q1) of 2017, after dropping by 1.2 percent in the previous quarter, the Hellenic... in Q1 after declining by 1.3 percent in the previous quarter. It slightly rebounded by 0.2 percent... in Parliament on Saturday evening, the Finance Ministry downward revised its previous ambitious GDP

    3%

  3. Slight rise of 0.3 pct in March retail sales after strong growth in February
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    but short-lived rebound of 9.9 percent in the previous month. The biggest rises in March retail sales were... to the previous month, retail sales dropped by 3.4 percent, mostly due to a decrease in food, beverages... percent MoM in March after a rebound of 3.7 percent in the previous month. Since 2010 retail sales

    3%

  4. Q1 GDP provides a positive surprise with 0.4 pct quarterly growth
    Photo byPanayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    quarter (Q1) of 2017, after a downwardly revised drop of 1.1 percent in the previous quarter... by 1.1 percent in the previous quarter. It grew by 0.9 percent YoY from a decrease of 0.7 percent... percent QoQ after rising by 0.3 percent in the previous quarter. The Q1 headline figure

    3%

  5. Wages index improves 1 pct in Q1 but falls QoQ for second straight quarter
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    year on year (YoY) in the first quarter (Q1) of 2017 after edging up by 0.2 percent in the previous... holidays and maternity leave). However, compared to the previous quarter the wages index dropped... a short-lived decrease of 0.7 percent in the previous quarter. The comparison with the previous

    3%

  6. Material deprivation rises, while poverty risk drops slightly
    Photo by Aggeliki Koronaiou/Fosphotos

    Society

    on Income and Living Conditions of Households (SILC) referencing the previous calendar year (2015..., unchanged from the previous year. The survey also showed that 28.7 percent of the total population lives...). This is a slight decrease compared to the previous year’s figure of 35.7 percent. The share

    3%

  7. April retail sales up by 4.6 pct, volume rises 3 pct
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    of -1.2 percent in the previous month. The biggest rises in April retail sales were recorded... rose by 9.9 percent compared to the previous month due to large increases in sales in clothing... by 2.1 percent MoM in April after dropping by 3.7 percent in the previous month. Since 2010 retail

    3%

  8. CPI up again in June with 1 pct increase
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) grew by 1 percent in June from 1.2 percent in the previous... in the previous month. June’s figures for the most part reflect an increase in alcoholic beverages... of 17.9 percent compared to the previous month. Coffee prices rose by 15.2 percent, olive oil

    3%

  9. Disposable income edges down 0.1 pct in Q1
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    edging up by 0.1 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) data... in the previous quarter and stood at 13.72 billion. Compensation of employees has posted a nosedive... a slower growth of 0.9 percent in the previous quarter. Despite the continued upward trend, the absolute

    3%

  10. Credit contraction accelerates to 1.3 pct in June on loan deductions of 206 mln

    EconomyMacroeconomy

    in the previous month. The negative flow in June reflects net deductions of 132.4 and 97.7 million... million in the first half of the year, down by 36.6 percent from the previous year’s figure of 979.3... for the second month in a row with deductions slipping by around 200 million from the previous month

    3%