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Retail sales drop by 0.3 pct in August, first negative reading for the year
EconomyMacroeconomyGreece’s retail sales fell by 0.3 percent year-on-year in August after revised growth of 1.8 percent in July, according to data published by the Hellenic Statistical Agency (ELSTAT) on Tuesday. Compared to the previous month, August’s figure declined by 1.1 percent. The headline figure
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Debt relief-for-reforms option being discussed for post-programme era
EconomyProgramme. In contrast to previous comments by the government, Tsakalotos said the money would not just go to low-income
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Trade deficit declines by 3.8 pct in September as exports outpace imports
EconomyMacroeconomyGreece’s trade deficit fell by 3.8 percent in September after a rise of 31.3 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. The deficit stood at 1.33 billion euros for the month. The change in the deficit stemmed from a growth in exports year-on-year
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Unemployment falls again in August, edging down to 20.6 pct
EconomyMacroeconomy. There was an increase of 6,549 people employed in August compared to the previous month. which brought the total
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Industrial production grows by 2.4 pct in Sept
EconomyMacroeconomyfrom the previous month’s reading of 52.8 in September.
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EC sees lower growth in 2017 but no concerns for fiscal targets
EconomyMacroeconomyThe European Commission remains optimistic about the Greek economy’s prospects in its Autumn forecasts, which were released on Thursday. Greece is seen growing by 1.6 percent this year, following a small downward revision from 1.7 percent in the previous forecast. Growth is expected to pick up
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Hitman's furlough and investment complications pose new problems for Tsipras
PoliticsGreek Politicsto Xiros’s case as an example of convicts being allowed out of prison under previous administrations
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Net job hirings balance turns negative by 98,420 in October
EconomyMacroeconomyof departures decreased to 52.8 percent from 56.7 percent in the previous month. A negative employment
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Building activity drops by 5.2 pct in August
EconomyMacroeconomyin the second quarter of 2017. This followed a revised drop of 1.7 percent in the previous quarter
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Eurosystem funding falls by 4.38 bln in October as ELA declines
EconomyMacroeconomyeuros, while that for the ECB declined by 1 billion euros in comparison to the previous month
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