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After paying IMF, Greece looks to cover remaining funding needs for March and April
EconomyProgrammeΤhe government has covered a large part of its funding needs for March, which mainly comprised of 1.5 billion euros in payments to the International Monetary Fund and the rollover of 4.6 billion euros worth of T-Bills. Local media reported that Chinese investors participated with 150-200 million
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Economic sentiment, consumer confidence edge down in March
EconomyMacroeconomyof 102.8 in November. Τhe ESI headline fell to a record low of 74.8 in March 2009 and displayed high
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Car sales up by 29.5 pct in Mar for 19th straight rise
EconomyMacroeconomyΤhe rate of increase in the number of road motor vehicles going into circulation for the first time accelerated for the second successive month to 29.5 percent in March from 26.8 percent in February, according to the Hellenic Statistical Authority (ELSTAT). The released data indicate a positive
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Car sales soar by 47.2 pct in April for 20th straight monthly rise
EconomyMacroeconomyΤhe number of road motor vehicles (going into circulation for the first time) soared at an accelerating pace for the third straight month in April, when it rose by 47.2 percent from 29.5 percent in March, according to the Hellenic Statistical Authority (ELSTAT). The April headline figure
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Economic sentiment, consumer confidence down for third straight month in May
EconomyMacroeconomyat 12.8 points. Τhe ESI headline figure fell to a historic low of 74.8 in March 2009 and recorded
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Improving car sales in Greece continue with 27.9 pct rise in May
EconomyMacroeconomyΤhe number of road motor vehicles (going into circulation for the first time) continued posting strong growth of 27.9 percent in May after surging by 47.2 percent in April, according to the Hellenic Statistical Authority (ELSTAT). Despite the slowdown, the May rate is the fourth successive reading
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Car sales rise by 21.7 pct in June for fifth straight increase above 20 pct
EconomyMacroeconomyΤhe number of road motor vehicles (going into circulation for the first time) rose, albeit at a slower pace, by 21.7 percent in June from 27.9 percent in May, according to the Hellenic Statistical Authority (ELSTAT). The June headline figure indicates the fifth straight reading above the 20-percent
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Greek stocks rise by 3.5 pct after three weeks of decline in 2016
EconomyΤhe Greek stock market rebounded 3.5 percent this week but on thinner volumes, after cumulative losses of 15.4 percent in the first three weeks of the year. Ahead of talks between Greece and its lenders on the first review, which is due to begin on Monday, Prime Minister Alexis Tsipras said
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CPI falls at a slower pace of 0.5 pct in February
EconomyMacroeconomyΤhe Greek Consumer Price Index (CPI) fell by 0.5 percent in February after a 0.7 percent drop in January, Hellenic Statistical Authority (ELSTAT) data displayed on Thursday. In contrast, the harmonised index of consumer prices (HICP) marginally rose by 0.1 percent in February, which indicates
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Notable drop of 1.5 pct in March CPI
EconomyMacroeconomyΤhe Greek Consumer Price Index (CPI) decreased at a markedly accelerating pace of 1.5 percent in March from 0.5 percent in February, Hellenic Statistical Authority (ELSTAT) figures showed on Friday. The March headline figure is the highest negative reading since September 2015. The harmonised index
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