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  1. Drop in retail sales accelerates to 1.8 pct YoY in Aug, fall in volumes sharper
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s retail sales saw an accelerated drop of 1.8 percent year-on-year (YoY) in August, after a marginal decline of 0.2 percent in July, Hellenic Statistical Authority (ELSTAT) data showed... sentiment (ESI) deteriorated in October, falling to 107 points, from 110.2 in the previous month.

    9%

  2. Sharp drop of 5.1 pct in March industrial turnover driven by refined petroleum products
    Image via www.helpe.gr

    EconomyMacroeconomy

    indicators, Greece’s Manufacturing PMI saw a solid rise in April, when it reached 53.2 points from 55... confidence is up 2.5 points. Overall, Greece’s economic sentiment (ESI) was broadly stable in April at 107.4

    8%

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

    EconomyMacroeconomy

    , Greece’s Manufacturing PMI saw a solid rise in April, when it reached 53.2 points from 55 points... points. Overall, Greece’s economic sentiment (ESI) was broadly stable in May at 107 points, from

    8%

  4. Industrial turnover drops by 1.8 pct YoY in July, driven by markets abroad
    Photo via https://flic.kr/p/8svhf

    EconomyMacroeconomy

    , with growth rates stronger than the series average. Greek manufacturing saw a tenth straight month... sentiment (ESI) continued in August, when the index reached 110 points, from 109.1 in the previous month.

    8%

  5. Greek digital economy lagging due to weak demand, lack of skills

    Society

    was the area where Greece saw its best improvement compared to the previous year’s index, climbing... technology integration category, which looks at the use by business of internet tools. While Greece

    7%

  6. Total health spending down to 8.65 pct of GDP as public healthcare sees big drop

    Society

    from 2012 to 2013 it was -7.3 percent. Residential or long-term care facilities also saw their funding.... The second most important category was share of various retail establishments and other providers

    7%

  7. Over 26 pct of young Greeks out of education, training and work - second highest in EU
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    Greece has the second highest share in the European Union of NEETs – young people aged 20-24 who are neither in employment nor in education or training – and also saw its proportion of NEETs jump...) of young people in Greece fell into the NEET category in 2015, a figure five points behind

    7%

  8. Greek households continue to slash spending on goods and services

    Society

    expenditure stands at 33.1 percent. Durables (-49 percent) saw the biggest fall, followed by clothing... forking out 20.7 percent of their monthly spend on that category. In neighbouring Bulgaria food

    7%

  9. Retail sales up by 3.2 pct in June for sixth straight rise
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    not in stores (+8.2 percent). No category posted any declines in sales. Volumes also increased across the board, led by furniture and household equipment, which saw a 14.2 percent rise. Books and stationery

    7%

  10. Budget primary surplus beats Jan target by 706 mln on significant underspend
    Photo by MacroPolis

    EconomyMacroeconomy

    of employees saw an overspend of 278 million euros to 1.35 billion euros. Interest payments also... euros. Taxes were the main underperforming category, falling short of the target by 65 million euros

    7%