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  1. Tourism continues on upward trajectory as latest figures signal record-breaking arrivals
    Photo by MacroPolis

    EconomyMacroeconomy

    -denominated rose by 15.4 percent to 8.8 million. Visitors from outside the EU28 countries fell by 2.2... in the first nine months of the year. Total receipts from cruise passengers were down by 2.9 percent... arrivals fell by 7.2 percent in the month and by 2.4 percent in the aggregate period. In total

    6%

  2. Newsletter 193 -08/02/2018

    Newsletters

    growth is estimated to reach 2.2 percent in 2019 and 2.3 percent in 2020, compared to an estimate of 2... of year general government bulletin also showed this week that 2018 ended with a total of 2.04 billion... percent. Year-on-year, the figure for those employed increased by 138,566 or a rise of 3.7 percent. Total

    6%

  3. Unemployment drops to 18.1 pct in March
    Photo by MacroPolis

    EconomyMacroeconomy

    for those employed increased by 77,947 or a rise of 2.1 percent. Total employment reached 3.85... persons compared with March 2018 (-0.5 percent). The total inactive population now stands at 3.26 million. The unemployment rate among women fell by 2.2 percentage points (pps) year-on-year and came

    6%

  4. Travel balance rises 15.7 pct in June, aggregate visitors drop 0.5 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . In total, arrivals from the EU 28 countries fell by 2.2 percent YoY to 2.9 million. Those from euro... to 2.8 million. Arrivals from outside the EU showed an increase of 11 percent to 3 million. In total... figures showed that in 2018, international arrivals at Greek airports rose by 12.9 percent. In total

    6%

  5. VAT gap remains high as non-compliance overtakes revenue rise
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    VAT Total Tax Liability (VTTL). Out of the European Union countries surveyed, Greece fared among..., including revised figures for the years leading up to 2017. In Greece, VAT revenues rose by 2.2 percent... of all EU 28 countries. Based on the VAT collection figures available, the total amount of VAT lost

    6%

  6. Current account balance shows surplus of 1.28 bln in July
    Photo by MacroPolis

    EconomyMacroeconomy

    billion to a deficit of 13.61 billion. Total exports rose by 2.2 percent, while imports rose by 4.7... ago. Total exports in July came to 3.03 billion euros, against 2.86 billion in July last year, showing a rise of 6 percent. At the same time, total imports reached 5.04 billion euros, from 4.69

    6%

  7. ELSTAT confirms third consecutive year or fiscal surplus in 2018
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    for public investments. According to the data in the second notification, in 2018 Greece ran a total surplus of 1.8 billion euros, or 1 percent of GDP. This is the third consecutive total surplus... 2.2 billion in short-term loans. Government revenues in 2018 were up to 88.57 billion, or 47.95

    6%

  8. Unemployment edges down to 16.7 pct, lowest since April 2011
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    of 1.8 percent. Total employment reached 3.92 million people. ELSTAT’s data showed that there were... compared to July and by 4,407 persons when compared with August 2018 (-0.1 percent). The total... aged 35-44, where unemployment fell by 2.2 pps. The employment rate for this age group stands

    6%

  9. Alpha Bank posts net profits of 4.7 mln in Q3
    Photo by MacroPolis

    EconomyBanking

    of Greek SMEs secured with real estate assets with total on-balance sheet gross book value... ratio at 67 percent. Total coverage including collateral came to 119 percent. Regarding the auctions of repossessed assets, a total of 2,568 auctions were held between January to October. The success

    6%

  10. Newsletter 238 -07/02/2020

    Newsletters

    , to 4.8 percent in 2020, 2.6 percent in 2021 and 2.2 percent in 2022. The long-term risk-free rates... is also in the works. The banks Galaxy portfolio represents a mixed portfolio, which carries a total... securitisations in the first half of 2020. 2 Unemployment at 16.5 pct in Nov Total employment reaches 3.91

    6%