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  1. Latest BoG report sees sustained growth, range of challenges
    Photo by MacroPolis

    EconomyMacroeconomy

    components. Fiscal performance remained exceptionally strong. Contrary to expectations of mild fiscal... strong foreign investor demand, and containing yield pressures. Greek banks and non-financial.... Greek banks remain financially robust, with strong profitability, high capital and liquidity ratios

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  2. Newsletter 458 - 04/04/2025

    Newsletters

    on its products sold to the US. This comes following the 25 pct tariffs imposed on aluminum and steel... half a billion euros, followed by cement with 93 million and aluminum sheets with 91 million euros

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  3. Trump's tariffs create gloomy economic environment for vulnerable Greece
    Image: MacroPolis

    EconomyMacroeconomy

    to the US. This comes following the 25 pct tariffs imposed on aluminum and steel imports to the US..., followed by cement with 93 million and aluminum sheets with 91 million euros. For agricultural

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  4. Local elections in Greece a precursor of European vote
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    and a strong showing from him will boost the Neofascists ahead of the European vote. Election rules means... Piraeus, where its candidate Vassilis Michaloliakos is facing a strong challenge from Yiannis Moralis... a strong presence in local politics so to have a candidate - and a young woman at that - in the second

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  5. Increase in car sales accelerates to 44.3 pct in September

    EconomyMacroeconomy

    the May to July readings, which exceeded the 10,000 mark. Following the strong performance... recorded in 2008. Market sources indicate that the strong recovery in car sales within 2014 is mainly attributed to improved consumer confidence, strong tourism leading to increased Rent-a-Car fleets

    3%

  6. Rise in Greek car sales slows to 7.5 pct in November

    EconomyMacroeconomy

    average. This year’s strong rebound follows a modest rise of 1.3 percent recorded last year. However... highlight that the strong growth in 2014 is mainly attributed to increased Rent-a-Car fleets due to the strong tourism combined with improved consumer confidence and replacement of old cars with new

    3%

  7. Growth in car sales peaks in December with rise of 69.3 pct

    EconomyMacroeconomy

    to 8,867 in December from 5,237 last year and 7,716 a month earlier. Following December’s strong... that the strong rebound in 2014 mainly reflects increased rent-a-car fleets due to a strong tourism sector as well

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  8. Travel surplus soars 57.2 pct in November on surging tourist arrivals
    Photo by MacroPolis

    Economy

    arrivals remains at relatively low levels at 9,400. Arrivals from the UK also recorded a strong growth... tourist arrivals (+22.7 percent) to 21.5 million. Strong volumes were however mitigated by a decrease.... Although initial indications pointed to another strong tourism performance in 2015, the coalition

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  9. Travel receipts up by 1 pct in Dec but balance in deficit of 27.9 mln

    EconomyMacroeconomy

    . However, strong volumes were counterbalanced by lower travel spending per trip (-9.4 percent... Russia dropped 7.6 percent mainly reflecting the strong negative growth rates in the August – October... at the main Greek airports remained strong in January increasing by 30.2 percent. SETE estimates

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  10. Car sales in Greece up 26.8 pct in February

    EconomyMacroeconomy

    a moderate increase of 1.3 percent posted in 2013. However, despite the strong rebound, the 2014... decrease (above 30 percent per annum) in the 2010-2012 period. Market sources noted that the strong recovery in 2014 mainly reflected increased rent-a-Car fleets due to a strong tourism season as well

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