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  1. Industrial turnover falls by 9.1 pct YoY in Apr, driven by foreign markets and manufacturing
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s industrial turnover accelerated its sharp decline in April, with a drop of 9.1 percent year-on-year (YoY), from a 5.1 percent decrease in March, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. On a rolling 12-month basis, the industrial turnover

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  2. Strong income tax revenues and contained spending maintain budget outperformance in May

    EconomyMacroeconomy

    The budget primary balance was confirmed at a surplus of 5.34 billion euros up to May, compared to a surplus of 3.2 billion euros in the same period a year earlier, according to the final Finance... to military procurements. Interest payments came to 3.56 billion euros, from 3.76 billion last year. PIB

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  3. Building activity collapses by 41.3 pct YoY in Mar due to uncertainty over construction code
    Image: MacroPolis

    EconomyMacroeconomy

    Building activity tumbled in March with a collapse of 41.3 percent year-on-year, after a sharp drop of 21.9 percent YoY seen in February, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Friday. The total number of permits issued in March reached 2,206, from 3,756

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  4. Lending to corporations drives credit growth of 11.3 pct YoY in May
    Photo via https://flic.kr/p/2a8kbGu

    EconomyMacroeconomy

    The credit expansion in the Greek private sector remained strong in May, rising by 11.3 percent year-on-year (YoY), from 10.9 percent in the previous month, Bank of Greece (BoG) figures released on Monday showed. The net lending flow was positive by 518 million euros after an outflow of 98 million

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  5. Deposits resume rise in May, reaching 199.61 bln

    EconomyMacroeconomy

    Greek banking system’s private sector deposits grew in May, with a net increase of 1.22 billion euros, after a 795-million-euro drop in April, according to the latest Bank of Greece (BoG) figures released on Monday. The annual growth in May was 4.7 percent year on year (YoY), from 4.2 percent

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  6. Government hopeful of weathering subsidy scandal despite public’s finger of blame
    Photo by MacroPolis

    PoliticsGreek Politics

    this year against the government’s handling of the Tempe train crash aftermath. The expected support... that, as with the crisis it went through earlier this year amid the public protests over Tempe, time will prove

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  7. Energy at forefront of 2 pct decline for industrial production in May
    Image via www.moh.gr

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) continued its drop in May with 2 percent year-on-year (YoY), after a sharp fall of 4.2 percent in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Thursday. This is the first back-to-back negative readings since

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  8. Energy drives drop of 4.2 pct YoY in import prices drop for June

    EconomyMacroeconomy

    Greece’s import price index continued its contraction in May, with a drop of 4.2 percent year-on-year (YoY), after a sharp 6.3 percent decline in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. The index has now been in contraction for nine

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  9. Industrial turnover resumes growth after 3 months, rising by 2.6 pct YoY in May

    EconomyMacroeconomy

    Greece’s industrial turnover turned positive in May, with a rise of 2.6 percent year-on-year (YoY), from a 9.2 percent decrease in April, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. This is the first positive reading after three consecutive months of decline

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  10. New Democracy seeks to counter with marine parks and migration policy, rhetoric
    Photo by MacroPolis

    PoliticsGreek Politics

    Gavdos this year. Athens suspects Libyan officials, particularly the eastern faction led by Khalifa... by around 350 pct on last year, is undeniable, there is also a clear political element

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