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  1. These were the key drivers behind Greece's strong fiscal performance in 2016
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    balance grew by 6.8 billion from the previous year and turned to a surplus of 1.22 billion in 2016 from deficit of 5.59 billion in the previous year. On top of the marked improvement in the primary

    3%
  2. Economic sentiment and consumer confidence improve in April
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by 2.2 points in April after falling by 1.1 points in the previous month and stood at -72.2. This marked... decreasing by 1.6 points in the previous month and stood at -5.6 in April. Moreover, the retail

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

    EconomyMacroeconomy

    in February, following a marginal growth of 0.1 percent in the previous month. The strong rebound in February... products and cosmetics which fell by 4.5 percent. Compared to the previous month, retail sales rose

    3%
  4. Deposit flow turned positive in March, with inflows of 278 million
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    The Greek banking system posted deposit inflows of 278 million euros in March, following outflows of 750 million in the previous month, Bank of Greece (BoG) figures revealed on Monday... in the previous month. Moreover, after a rise in the ELA ceiling by 400 million on March 23, the ECB kept

    3%
  5. Credit contraction slows to 1.3 pct in March on net additions of 307 mln
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    , with net additions of 307 million in March from net deductions of 101 million in the previous month... to 13.08 billion. Deductions in the household lending segment increased from the previous month

    3%
  6. Debt relief, MTFS and return to bond markets on agenda after technical agreement
    Photo by Yiannis Drakoulidis/Fosphotos

    EconomyProgramme

    , the growth rate for this year may be downward revised below 2.5 percent compared to a previous forecast... forecasts on May 11, which are expected to be downgraded from its previous estimate of 2.7 percent

    3%
  7. Net job hirings hit high of 92,132 in April, driving 4-month figure to new record
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    falling to 45.1 percent from almost 51 percent in the previous month. The share of males among total... slipped to 59 percent from 60 percent in the previous month. All age groups posted a positive

    3%
  8. April produces first fall this year for car sales, which tumbled by 7.5 pct
    Photo by Andreas Simopoulos/Fosphotos

    EconomyMacroeconomy

    The number of vehicles going into circulation for the first time dropped by 7.5 percent in April after a surge of 43.5 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data... to 11,453 in April. In the previous month, they had soared by 44.7 percent. Passenger cars hold the lion

    3%
  9. Unemployment rate slips to 23.2 pct in Feb, lowest for last five years
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    reading since March 2012. The comparison with the previous month showed the number of employed increased... percent in February from 24 percent in the previous month due to an increase in the number of employed

    3%
  10. Eurosystem funding down by 535 mln in April, ELA falls for second straight month
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    composition remained broadly unchanged from the previous month, with ELA funding making more than 71... stayed almost stable from the previous month at 41.89 billion. From the peak of 50.48 billion euros

    3%