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Trade deficit expands by record 88.9 pct in July
EconomyMacroeconomyin this year’s figure. According to the breakdown, exports to non-EU countries grew by 6.8 percent...) from last year. Following the July performance, the aggregate figures for the 7-month period show
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Turnover in services sector worsens again in Q2
EconomyMacroeconomyMost of the turnover indices for the services sector fell year on year in the second quarter (Q2) of 2016, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. In particular, 9 out of the 14 service activities posted a decline in Q2 with the most notable drops in services
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Government's relationship with Stournaras teeters again
PoliticsForeign Policyon a collision course again. Relations between the two parties reached a low point last year, when... for the year and reaching 0.8 percent of GDP. Over the last few weeks he has also backed the government’s
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Wages index sees strong rebound of 4.6 pct in Q2
EconomyMacroeconomythat the year on year (YoY) increase in Q2 also reflects a low base effect as the index had dropped by 2.1
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Greek stocks edge down 1.3 pct during week, banks perform poorly again
Economyin first-half (H1) net profits to 97.4 million from 73.2 million a year ago, with turnover up 9.8... results on Friday wjich showed net losses narrowed to 18.2 million from 21.2 million last year
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After talks with lenders, Greece returns to list of tasks to secure next bailout payment
EconomyProgrammethe revenue outperformance in the course of the year. They also noted that a similar trend is expected for next year due to the the adoption and impact of specific measures. In a previous meeting
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MPs approve redevelopment of ex-Athens airport, which study sees having key economic impact
Economyis expected to generate would reach 2.4 billion towards 2041 or 1.4 billion per year on average over... in the 25-year period or 563 million per year. The largest share (57 percent) of the anticipated tax
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Government caught between milestones and corruption claims
PoliticsGreek Politicsrelief discussion will be delayed, possibly even being pushed back to after next year’s elections... Tsipras to argue that his government (and the country) can look forward to a year of potentially
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Greek government risks mauling after straying off
AgoraThe current Greek government’s propensity for shooting itself in the foot should never be underestimated. Last year proved that SYRIZA is particularly adept at snatching defeat from the jaws... compound suspicions that there was political pressure from those in power since last year on the bank’s
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Retail sales rebound by 7.1 pct in July for first time in thirteen months
EconomyMacroeconomydrop of 7.2 percent in the corresponding period last year. The breakdown showed turnover in almost all store categories improved from last year with the most notable increases in clothing and footwear
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