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  1. Trade deficit drops at an accelerating pace of 16.1 pct in October
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    Greece’s trade deficit fell for the second straight month by 16.1 percent in October, after a drop of 12.1 percent in September, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. The downswing reflects a rise in exports by 4.8 percent coupled with a decline in imports by 5.3 percent

    5%
  2. Newsletter 99 - 09/12/2016

    Newsletters

    and a drop in the average length of stay. New overdue taxes rose by 1.4 billion in October after a rise

    5%
  3. CPI falls at faster pace of 0.9 pct in November
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    . In 2015, CPI fell by 1.7 percent, which was the biggest annual drop since 2013, while this year’s twelve

    5%
  4. Bank of Greece sees potential for recovery, urges calm in negotiations
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The improvement reflects a drop in risk weighted assets (RWA) by 10.5 percent, mostly due to the sale

    5%
  5. Retail sales grow for second straight month in Oct with 1.3 pct rise
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ) and automotive fuel (+4.3 percent) was outweighed by a marked drop in books, stationery and other goods (-12

    5%
  6. New overdue taxes rise by 890 mln in Nov, total stock up to 94.2 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    , after a drop by around 69,700 in the previous month. The aggregate figure for the 11-month period

    5%
  7. December retail sales seen down 2.5 pct amid tax onrush
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    2009 figure of 6.43 billion, largely attributed to a sharp drop in household disposable income

    5%
  8. Trade deficit rises by 1.2 pct in November
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit edged up by 1.2 percent in November, after a double-digit drop of 16.1 percent in October, Hellenic Statistical Authority (ELSTAT) data displayed on Monday. The upward movement reflects an increase in both imports and exports by 2.9 and 4.2 percent respectively. Exports rose

    5%
  9. Early tourism estimates point to increased airline pre-bookings and lower cruise passengers in 2017
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . SETE chairman Andreas Andreadis recently said that lower tourism revenues are attributed to a drop

    5%
  10. Payment cards up by 3 pct but value of transactions drops by 7 pct in H1 2016

    EconomyBanking

    cards posted a slightly lower drop of 5 percent to 121 euros, largely due to the restrained financial

    5%