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  1. Drop in trade deficit slows to 8.8 pct in August as decline in imports decelerates

    EconomyMacroeconomy

    of 715 million recorded in July. The recorded drop in August reflects a similar decline in both imports... percent as the respective exports rose by 6.8 percent, while imports recorded a broadly similar drop... in August, the aggregate figures for the 8-month period point to a drop in trade deficit by 18.5 percent

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  2. Building permits down 11.4 pct in August for second successive drop

    EconomyMacroeconomy

    . Following the August performance, the aggregate figures for the 8-month period point to a modest drop... drop with a plunge of 66.9 percent. The slight decrease in building permits by 0.9 percent so far... prices showed a drop for the twenty-fifth successive quarter by 5.6 percent in the second quarter (Q2

    19%

  3. Trade deficit slips by 1.8 pct in Nov on higher drop in exports
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    in October, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. The slight drop...). In absolute terms, the trade deficit landed at 1.53 billion euros in November. The rate of drop... at 2.12 billion euros. Imports also posted a drop for the seventh straight month, reaching 3.65 billion

    19%

  4. Drop in retail sales accelerates to 1.8 pct YoY in Aug, fall in volumes sharper
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s retail sales saw an accelerated drop of 1.8 percent year-on-year (YoY) in August, after..., the seasonally adjusted index dropped by 0.8 percent, after a 2.4 percent drop in the previous month... led by a strong drop of 24.9 percent in food and beverages, while household equipment was down

    19%

  5. Industrial production records second drop of year with 2.9 pct YoY decline in Oct
    Image via www.mytilineos.gr

    EconomyMacroeconomy

    -on-year (YoY) drop, after a 2.6 percent increase in the previous month, according to Hellenic.... The manufacturing index drop was in leather and related products, motor vehicles, trailers and semi... supply and 0.2 percent in manufacturing, partly offset by an 8.3 percent drop in mining. According

    19%

  6. Mitsotakis takes first step in remoulding New Democracy
    Photo via @neadimokratia

    PoliticsGreek Politics

    and the adoption of the Israeli model for cultivating innovation. The conservative chief also... civil servants’ performances, speeding up the implementation of e-justice throughout the justice system, allowing museums to adopt the self-management model used by the Acropolis Museum, allowing public

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  7. Progress seen after Brussels talks but review conclusion still out of reach
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    three years. This has not been confirmed. With regards to the measures to open up the energy market... if the text did not make reference to the European social model and labour rights. Athens likely thought this might put more pressure on its European lenders to force the International Monetary Fund to let up

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  8. BoG report highlights economic challenges, proposes way forward
    Photo by MacroPolis

    Economy

    and makes proposals that would free up the country’s potential to accelerate growth. The economy... of the state and companies, impacting the growth prospects. The challenging fiscal path up to 2023... out a set of policies that will transition Greece towards a “sustainable, extroverted growth model led

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  9. EU deal appears promising for Greece, but success rides on efficient use of funds

    PoliticsGreek Politics

    of grants available. The breakdown for Greece will see Athens having access to up to 38 billion euros from... said that the target is to use these funds to overhaul Greece’s “production model.” All member states... as being high up on his agenda. The final amount available to Greece and the fact that there was no major

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  10. Athens assessing lay of land as Cyprus talks approach and UK seeks new role
    Photo via Flickr https://flic.kr/p/7bBypS

    PoliticsForeign Policy

    . The clock is ticking down to the March EU Council for which Athens needs to draw up a specific strategy... of a confederation as a more flexible alternative to the model of “two-states solution”. The Turkish side... the president on the island will only have ceremonial power. It is not clear how this model will work

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