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Industrial turnover drops by 6.7 pct in March
EconomyMacroeconomyturnover originated largely from a drop of 10.4 percent in the manufacturing index. The turnover
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IMF highlights bailout shortcomings in latest admission of programme errors
EconomyProgrammeon sharp fiscal adjustment had a detrimental effect on the economy, as the precipitous drop in Greek
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Credit contraction falls to 0.1 pct in April, balance at 161.82 bln
EconomyMacroeconomyCredit contraction in the Greek market edged down to 0.1 percent in April from 0.6 percent in March, Bank of Greece (BoG) figures showed on Tuesday. April's credit contraction is the lowest since January 2011, when a drop of -0.2 percent was noted. As a result, the outstanding balance came
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PMI eases to 54.2 in May as exports continue to rise
EconomyMacroeconomyGreece’s manufacturing PMI dropped to 54.2 points in May from 56.6 points in April, according to the latest data from Markit PMI. April’s figure had been the highest reading for Greece since June 2000. Despite the drop in the latest month’s reading, Markit noted that the reading still signalled
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Tsipras vows to cancel reduction of tax-free threshold as SYRIZA seeks way back
PoliticsGreek Politicsthat they have also made it clear they do not intend to drop the threshold if they come to power and have
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Unemployment drops to 18.1 pct in March
EconomyMacroeconomyby age group, the largest annual drop was seen in the 65-74 years age group, where the rate fell
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Tsipras tries to use Brussels warning to his political advantage
PoliticsGreek Politicswill be brought down from 28 to 20 percent over two years, he added. Dividend tax will drop from 10 to 5 percent
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Turnover in services sector improves slightly in Q1 2019
EconomyMacroeconomy, the figures revealed that the largest drop since Q1 2014 came from publishing activities (-45.1
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Card usage gains traction with debit cards leading the way, BoG finds
EconomyBankingeuros in 2018 from 82 euros in 2017 and 108 euros in 2016. The drop was bigger for credit cards where
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ND defends plans for three-pillar pension system as SYRIZA looks for weak spot
PoliticsGreek PoliticsENFIA property tax so it falls by 30 percent over two years, drop the introductory income tax rate
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