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  1. Travel balance falls by 65.9 pct in August as 10.5 bln in receipts vanish in aggregate
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s travel balance came to 1.32 billion euros in August from 3.87 billion a year ago, Bank of Greece (BoG) data has shown. This is equal to an decrease of 65.9 percent year-on-year (YoY...-crossing point. BoG said that as of July 2020, conduct of the border survey has fully resumed.

    2%

  2. Retail turnover drops by 1.4 pct i​n August for sixth continuous decline, volume drops by 1 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    -on-month and came to -45.5 in October. Compared to the same month last year, consumer confidence has dropped by 37.1 points. Consumer confidence has declined for four consecutive months now. Retail trade

    2%

  3. All eyes on Piraeus as share price tumbles amid coupon payment concerns
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    dividends. However, Piraeus Bank has already missed one payment and failing to do so again... on the ability or not of Piraeus Bank to pay the CoCos coupon. The bank has set aside 165 million

    2%

  4. Govt toughens stance on campus security after university raid
    Photo by Angelos Christofilopoulos/Fosphotos

    PoliticsGreek Politics

    A photo of the dean of one of Greece’s top universities being humiliated by a group of self-styled anti-establishment protesters has caused outrage in the academic community and resulted in calls... Golden Dawn party. “After the punishment of Golden Dawn, the time has come to face up to the other

    2%

  5. Building permits drops by 3.3 pct in Aug, up by 13.7 pct in 8-month period
    Photo by MacroPolis

    EconomyMacroeconomy

    pandemic, building activity has been resuming in recent months, although it is likely that the second... points. Compared to the same month last year, construction confidence has increased by 3.8 points.

    2%

  6. Greece among hardest hit in Covid-related drop for European arrivals
    Photo by MacroPolis

    EconomyFeatures

    The European Travel Commission (ETC) has examined tourism trends in the light of the second coronavirus wave and found that arrivals in Europe in the first eight months of the year were down by 68... throughout Europe regarding travel restrictions and quarantine measures has faced criticism from

    2%

  7. Govt focusses on post-lockdown management amid persistently high Covid numbers
    Photo via https://flic.kr/p/p4AQQh

    PoliticsGreek Politics

    as educators. Meanwhile, there has been speculation in the media around the timing and manner...). Health Minister Vassilis Kikilias, who has taken a more prominent role in fronting pandemic

    2%

  8. Travel balance falls by 70.9 pct in September as 12.6 bln in receipts vanish in aggregate
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    Greece’s travel balance came to 776.5 million euros in September from 2.67 billion a year ago, Bank of Greece (BoG) data has shown. This is equal to an decrease of 70.9 percent year-on-year (YoY... that as of July 2020, conduct of the border survey has fully resumed.

    2%

  9. OECD sees heavy hit from pandemic, gradual recovery in 2021 picking up pace in 2022
    Photo by MacroPolis

    Economy

    The OECD has released its latest economic outlook showing that Greece is unlikely to escape a significant economic downturn due to the second wave of the virus. In line with the Ministry of FInance’s.... Domestic demand also remained weak, which hit job creation. The government has rolled out a wide

    2%

  10. Podcast - Covid-19 takes another bite out of the Greek economy

    Agora

    Over the last few weeks, Greece has not just seen more worrying data on the Covid-19 front, but the forecasts for its economy have also been worsening. Nick Malkoutzis and Phoebe Fronista discuss.... They hear from a tour operator and hotel owner, who explains why 2020 has been a disaster. MacroPolis co

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