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  1. Q4 GDP contracts 0.4 pct QoQ, growth of 0.3 pct in 2016
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    exports decreased by 1.6 percent in the January to September period reflecting a double-digit growth... and the IMF point to a strong recovery of 2.7 percent for 2017. The Finance Ministry also expects... be pointed though most organisations stress that the anticipated strong rebound in 2017 is subject

    9%

  2. Car sales hit the accelerator in Feb, increasing by 43.1 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of car sales, while more than 57 percent are registered in the Attica prefecture. Following the strong... decelerating from the 13.5 percent growth rate posted in 2015. However, despite the double-digit growth recorded in each of the last four years with a cumulative strong rebound of 66 percent from the low

    9%

  3. Industrial production rises at record high rate of 10.8 pct in Feb

    EconomyMacroeconomy

    industrial groupings posted a strong rebound mainly led by capital goods (+20.7 percent) and energy... breakdown showed motor vehicles and trailers excelled (+376 percent) followed by double-digit growth rates... is the second highest reading since September 2011. Following the strong performance in February

    9%

  4. Parliament Budget Office welcomes deal, warns on economic prospects and reform implementation
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    with expectations. The report highlights that the lack of a strong rebound in private consumption may lead...-term in open economies with strong institutions, adding that Greek institutions are weak.... The report concludes that the current situation requires a double effort. On one hand, the Greek

    9%

  5. Stocks up by 4.7 pct, rising for third straight week
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    lenders and the conclusion of the programme review. Trading activity remained strong for the second... stocks have posted strong gains of 17.5 percent and have soared 22.6 percent since the beginning... to date. Double-digit gains were recorded by Motor Oil (+15 percent), Hellenic Petroleum (+11

    9%

  6. Budget primary surplus at 1.94 bln in H1, beating target by 1.5 bln on underspend
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to a strong underspend. The primary expenditure came in 1.16 billion euros lower than the target, coupled... successive month by 7 percent in June, after a double-digit drop of 11.8 percent in May and landed at 3.24... a strong underspend of 1.16 billion. The latter largely reflects lower social protection, which stood

    9%

  7. Industrial turnover up by 8.1 pct in June for eighth consecutive rise
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    for the year so far. The ongoing double-digit rise in the past seven months boosted the 12-month.... The strong performance in June originates from an increase in the turnover index for mining... by 17.2 percent, while that in the domestic-market increased at a slower pace by 2.3 percent. The strong

    9%

  8. Newsletter 132

    Newsletters

    reading in a row, although it represents the lowest rate of growth for the year so far. Double-digit..., also reflecting weak performance in the second half of 2016. The strong performance in July originates... account surplus at 1.57 bln in July Strong performance in services balance, primary and secondary

    9%

  9. Back from the brink: What next for Greece's property market?
    Photo by Giannis Papanikos/Fosphotos

    EconomyFeatures

    annual fall was posted in 2012 (-11.7 percent), followed by another double-digit drop of -10.9 percent... foreign interest in these markets. However, while the interest is strong, it should be noted... begin lending at strong levels once more. “There is a buzz right now in property, but in selected areas

    9%

  10. East Med concerns not slowing up election campaign as ND plans for office
    Photo by MacroPolis

    PoliticsGreek Politics

    that the upcoming EU leaders’ summit on Thursday and Friday will result in a strong condemnation of Turkey’s... that the centre-right party is set to double the number of MPs it elects, if opinion polls are correct and it gets a clear majority, there is strong competition for places. According to the party, once

    9%