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  1. Retail turnover falls by 2 pct in Apr, volume declines by 2.7 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    from a revised increase of 5 percent in March. As with the retail index, the volume index has... the reading came to -28.3 points. Compared to June 2018, consumer confidence has shown a strong

    2%

  2. EFKA fund data shows 30 pct in part-time jobs earning less than 400 euros on average
    Photo by MacroPolis

    EconomyMacroeconomy

    The Unified Social Security Fund’s (EFKA) latest employment data as of December 2018 has shown that around one in three employees earn a gross monthly wage of around 390 euros. The summary statistics... insured with Greece's largest social security fund, which has close to 2 million members. The average

    2%

  3. Mitsotakis mixes old hands and technocrats to stamp reformist bent on cabinet

    PoliticsGreek Politics

    Pierrakakis, who has some experience working in government under a previous PASOK-led administration. Pierrakakis was the research director at the Dianeosis think-tank more recently. He has been charged

    2%

  4. New overdue taxes rise by 235 mln in May, total debt at 104.5 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The month-on-month rise in Greece's new tax debt came to 235 million euros in May, data from the Independent Authority of Public Revenues (IAPR) has shown. The aggregate figure for the first five... of 105 million euros month-on-month. In the year to date, the total for overdue debt has increased

    2%

  5. Fiscal targets and tax cuts on agenda as Staikouras meets Regling
    Photo via http://www.delphiforum.gr/

    PoliticsGreek Politics

    to sway the creditors remains to be seen. So far, there has been no indication from the European lenders that they are prepared to discuss a lowering of the fiscal target. The government, though, has

    2%

  6. Eurosystem funding rises by 539 mln in June, banknotes in circulation also up
    Photo by MacroPolis

    EconomyMacroeconomy

    million. In the year so far, Eurosystem funding has declined by 2.46 billion euros, reflecting a fall... funding to Greek banks has steadily dropped. The total fall by June 2019 came to 148.49 billion euros

    2%

  7. Tourism responsible for up to 30.9 pct of GDP in 2018, study suggests
    Photo by Panayotis Tzamaros/Fosphotos

    Features

    A study by the Greek Tourism Confederation (INSETE) has indicated that tourism contributed between 25.7 and 30.9 percent of Greece’s GDP in 2018. The figures showed that the tourism industry acted... also highlighted how the crisis has impacted domestic tourism. Using data from ELSTAT up to 2017

    2%

  8. ND ready to flesh out its policy agenda, with focus on tax plans

    PoliticsGreek Politics

    that Mitsotakis and his finance minister, Christos Staikouras, make regarding the planned tax cuts. It has... Democracy has promised to reduce ENFIA by 30 percent across the board in two stages. Instead, it may

    2%

  9. Credit contraction stays at 0.2 pct in Jun, balance at 161.16 bln

    EconomyMacroeconomy

    which has stayed at levels not seen since January 2011, when a drop of -0.2 percent was noted... to 18.14 billion. The Greek market has been experiencing a contraction for the last six years

    2%

  10. New government aims for extensive changes to education system
    Photo by Natasha Pantazopoulou/Fosphotos

    Society

    would also be supported. Summer and winter courses in areas where Greece has a strong background... means that for the past 30 years or so, passing the exam has depended heavily on paying

    2%