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  1. Travel receipts drop 2.4 pct in Jan following lower foreign arrivals
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece's travel receipts fell by 2.4 percent to 164.8 million euros in January, Bank of Greece (BoG) figures showed on Friday. At the same time, the corresponding payments rose by 15 percent to 149.5 million, leading travel surplus down by 60.6 percent ...

    3%
  2. Retail sales rebound 1.4 pct in Jan after brief fall in Dec
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index increased by 1.4 percent in January after a brief drop of 1.3 percent in December, Hellenic Statistical Agency (ELSTAT) data revealed on Friday. The January headline figure represents the fourth positive readi...

    3%
  3. Unemployment rate at 23.5 pct in Jan, stable from upward revised Dec figure
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment stayed stable at 23.5 percent in January 2017 after an upward revision of the December figure, which was initially reported at 23.1 percent, Hellenic Statistical Authority (ELSTAT) labour force survey showe...

    3%
  4. Building activity increases for second straight month after 11.1 pct rise in Jan
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    Greek building permits increased for the second straight month in January but at the faster pace of 11.1 percent after a rise of 2.1 percent in December, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. The absolute figure of permits la...

    3%
  5. Unemployment rate falls to 21.7 pct in April, lowest since Jan 2012
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment declined to 21.7 percent in April from a downwardly revised rate of 22 percent in March, the Hellenic Statistical Authority (ELSTAT) labour force survey revealed on Thursday. The headline figure is the lowe...

    3%
  6. Multi-bill on way as Athens aims to complete third review by Jan 22
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    The tabling of the omnibus bill that seeks to sweep up most of the remaining prior actions in the third review is just a matter of days away. Parliamentary sources told the local media on Wednesday that the multi-bill would be submitted to the House ear...

    3%
  7. Economic sentiment at 101.9 pts in Jan, consumer confidence dips by 0.7 pts
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) got off to a positive start in 2018 and rose by 0.6 points to 101.9 in January from an upwardly revised reading of 101.3 in December, European Commission (EC) figures revealed on Tuesday. January’s reading is the highes...

    3%
  8. CPI falls by 0.2 pct in Jan, first negative figure since Nov 2016
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) fell by 0.2 percent in January, dropping into negative territory from the rise of 0.7 percent in December, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. The latest headline figure is the first negat...

    3%
  9. Primary cash surplus at 2.68 bln in Jan as revenues rise, expenditure falls
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s central government primary cash surplus rose by a substantial 2.43 billion euros to 2.68 billion in January, Bank of Greece (BoG) figures showed on Friday. The headline figure includes a small arrears’ repayment of 21 million. The overall cash ...

    3%
  10. Deposits turn negative in Jan with outflows of 1.40 bln

    EconomyMacroeconomy

    Net deposit movement in the Greek banking system turned negative in January with outflows of 1.40 billion euros compared to positive inflows of 2.54 billion euros in December, Bank of Greece (BoG) figures revealed on Tuesday. The negative headline figur...

    3%