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  1. Car sales soar 22.8 pct in first month of 2017

    EconomyMacroeconomy

    than the 13.5 percent growth rate recorded in 2015. Despite double-digit growth in each of the last

    3%
  2. European Commission positive on Greece's macro and fiscal prospects
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    reforms supporting flexible forms of work and wage setting. The EC slightly lowered its jobless rate

    3%
  3. Round of talks nearing end with limited progress, serious doubts about March 20 goal
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    relate to reduction in the single property tax (ENFIA), lower VAT rate for certain products

    3%
  4. Turnover in tourism sector sees second successive rise in Q4 with 4.3 pct increase
    Photo by MacroPolis

    EconomyMacroeconomy

    The Turnover Index in Accommodation and Food Services increased at an accelerating pace of 4.3 percent in the fourth quarter (Q4) of 2016, after an upward revised growth rate of 2.9 percent in Q3, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. Overall, the mean index for 2016

    3%
  5. NBG records net profits of 73 mln in Q4, turns profitable for whole year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    reduction target of around 1.8 billion. It added that the cure rate of restructured NPEs stands above 50

    3%
  6. Trade deficit surges 17.7 pct in Feb on double-digit growth in imports
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit continued heading north at a double-digit rate in February, when it increased by 17.7 percent in February after exceptionally strong growth of 91.7 percent in January, Hellenic Statistical Authority (ELSTAT) data showed on Friday. As we noted, the substantial rise in January

    3%
  7. Building activity increases for second straight month after 11.1 pct rise in Jan
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    modest and any small change entails a disproportionally high positive or negative growth rate. Building

    3%
  8. Industrial turnover continues on upward curve with 20.9 pct rise in Feb

    EconomyMacroeconomy

    Greece’s Turnover Index in Industry continued rising at a double-digit pace of 20.9 percent in February, although this was slower than the growth rate of 26.7 percent recorded in January, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. The February headline figure is the fourth

    3%
  9. Travel receipts fall by another 3.1 pct in Feb on lower spending
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    increased at double-digit rate of 16.3 percent. On the flipside, arrivals from France and Russia

    3%
  10. Retail sales climb 10.9 pct in Feb on strong rebound in almost all sectors
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index rose for the second straight month at a rate of 10.9 percent in February, after increasing by 1.4 percent in January, Hellenic Statistical Agency (ELSTAT) data showed on Friday. The February headline figure is the highest reading since March 2010. It also

    3%