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ELSTAT revises nominal 2015 GDP contraction to 1.3 pct
EconomyMacroeconomyannounced on March 4. This means that the Greek economy’s recession (in nominal terms) was deeper than... now stands at 175.7 billion euros, 326 million, or 0.2 percent, lower than the figure of 176.02
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Crisis sees Greeks change eating habits, cut back on eating out
Societyof the daily diet of Greeks than in 2011, while sweets, legumes, pasta, chicken, eggs and milk... than six out of ten consumers (63 percent) said the economic crisis has affected their food
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Making the extraordinary ordinary
Agorain the biggest flow of refugees in to Europe since the Second World War. More than 850,000 people arrived... for no other reason than fellow human beings being in desperate need of their assistance. Of course
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PBO report highlights short-term recessionary impact and tax-centric austerity of 2017 draft budget
EconomyMacroeconomythan the Finance Ministry’s forecasts. The deviation stands at 73 percent for revenues and at 60... and service quality than in Greece, which indirectly means that there is scope for improvement
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Programme talks on fiscal issues open wide range of concerns
EconomyProgrammepercentage points lower than its initial estimate of 0.63 percent. In addition, it is widely reported... outperformance by more than 3.5 billion in the 9-month period with tax revenues beating target by 1.07 billion
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Bank credit contracts by 1.7 pct in September on loan deductions of 355 million
EconomyMacroeconomy, 8.6 percent higher than those recorded in the corresponding period of 2015. In particular for September, the corporate loan balance fell by more than 300 million from the previous month to 93.48 billion
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New Democracy seeks higher ground in escalating TV permits row
PoliticsGreek Politicsit won less than 60,000 votes (1.04 percent). Polydoras, a former public order minister and former..., which set the ceiling at four) and that the cost of each permit should be the same (rather than
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Office prices edge up 0.2 pct in H1, retail prices drop 0.8 pct
EconomyMacroeconomydropped by more than 30 percent. The retail prices’ index in Athens fell at a higher pace of 1.3 percent... from the previous period and by 1.6 percent YoY. Its current level has more than halved from the high
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OECD proposes ways to improve competition, estimates positive economic impact at 414 mln
Economyfor more than 90 percent of the anticipated positive benefit of 414 million. Wholesale trade OECD calls... more flexible to allow for the establishment of more than one economic unit within the same
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Coalition puts on fresh face but poll sees support draining away
PoliticsGreek Politicsbut the latest opinion poll underlines that the coalition will need much more than fresh, young faces to revive... take a turn for the worse if growth does not materialise next year or proves to be weaker than
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