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  1. 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%

  2. Tsipras aiming to guide SYRIZA towards new territory in opposition
    Photo by MacroPolis

    PoliticsGreek Politics

    . However, Tsipras has shown a knack over recent years for convincing his party to put its faith in him...’s response was that as a professor of urban planning he has acted as a consultant on a lot

    2%

  3. 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%

  4. 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%

  5. 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%

  6. Retail turnover falls by 2 pct in May, volume drops by 2.4 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    , the volume index has remained negative for two consecutive months now. Compared to May 2018, the main... has shown a strong improvement of 26.3 points. Retail trade rose by 4.5 points month-on-month to 13.7

    2%

  7. Falling T-bill yields underline market confidence in Greek debt, promise lower servicing costs
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    the start of the year has pushed down the entire short-term part of the Greek yield curve. Early in 2019... halved between June and July, from 0.41 percent to 0.23 percent. The borrowing cost has also halved

    2%

  8. Despite recent improvement, more than half of Greeks unable to afford one-week holiday
    Photo by Harry van Versendaal

    Society

    Data from Eurostat has shown that over half of Greeks could not afford to go on a week’s holiday away from home in 2018. According to the dataset, 51 percent of Greeks reported that they were unable... on holiday remains high, there are signs that the trend has been improving recently. In 2015

    2%

  9. Eurosystem funding rises by 64.9 mln in July
    Photo by MacroPolis

    EconomyMacroeconomy

    million. In the year so far, Eurosystem funding has declined by 2.40 billion euros, reflecting... funding to Greek banks has steadily dropped. The total fall by July 2019 came to 148.42 billion

    2%

  10. NBG reports net profits of 122 mln in Q2, highlights successful bond sale
    Image via www.nbg.gr

    EconomyBanking

    the end of 2015, NPE reduction has reached 8.6 billion euros. The bank has set a target to reduce

    2%