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Retail sales drop for thirteenth straight month by 5.2 pct in June
EconomyMacroeconomyThe turnover of Greece’s retail trade index continued heading south unabated, albeit at a slower pace of 5.2 percent in June from a revised drop of 7.9 percent in May, Hellenic Statistical Agency (ELSTAT) figures showed on Wednesday. In June 2015, retail sales had edged down by 1.7 percent, while
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Tsipras limits pledges and expectations in Thessaloniki
PoliticsGreek Politicsfor suggesting that the charges against him may jeopardise an agreement on measures to lighten Greece’s debt
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Building activity slumps by 21.7 pct in June for sixth successive month
EconomyMacroeconomyGreek building permits fell for the sixth straight month by 21.7 percent in June, at a slower pace compared to the 31.5 percent drop recorded in May, Hellenic Statistical Authority (ELSTAT) data displayed on Monday. The corresponding surface and volume also notably declined by 15.3 and 22.7 percent
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Mitsotakis uses tax cut pledge as driving force in effort to provide alternative
PoliticsGreek Politicsthe constraints of Greece’s adjustment programme, then he may have succeeded. The other key goal
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Lesvos fire highlights growing threat to government from refugee crisis
PoliticsForeign Policymay be tempted to do more to paint the government as being incapable of managing the refugee crisis
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Budget primary surplus of 3.8 bln to Aug beats target by wide margin
EconomyMacroeconomyexpenditure slipped for the first time since May by 0.6 percent but was right on target at 3.27 billion
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Travel receipts fall 3.5 pct in July, dragging balance down 5.9 pct
EconomyMacroeconomyfor the whole year, since the latest official figures may prove this estimate is rather optimistic.
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Tight schedule to approve multi-bill, tick off remaining milestones
EconomyProgrammeof Energy (RAE) are expanded. Also, RAE may cooperate with the Hellenic Capital Market Commission (HCMC
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Budget execution to Aug shows 3.8 bln primary surplus, 2.8 bln better than target
EconomyMacroeconomymillion. Expenditure Primary expenditure fell for the first time since May by 0.6 percent to 3.27
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Credit contracts by 1.7 pct in August, loans balance at its lowest since 2007
EconomyMacroeconomydeductions of 609 million, which are the highest since May 2014. As a result, the net lending flow
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