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  1. OECD report highlights stress on Greek middle class during crisis
    Photo by Panayiotis Tzamaros/Fosphotos

    Society

    as an indicator for middle incomes grew at an annual rate of 0.6 percent compared to 1 percent between... than increased, shrinking by almost 6 percent per year. The report also found that Greece went against

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  2. Economic sentiment down to 100.3 in April, consumer confidence continues to strengthen
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) fell by 1 point in April to 100.3 points, European Commission (EC) figures revealed on Monday. April’s reading is the third consecutive figure over the 100-point..., the service confidence indicator has fallen by 18 points. Retail trade fell by 6 points month-on-month

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  3. Newsletter 204 -03/05/2019

    Newsletters

    points for three consecutive months so far. Greece’s economic sentiment (ESI) fell by 1 point in April... by 6 points month-on-month to 1.4, falling by 9 points year-on-year. April’s retail trade indicator

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  4. Athens moves ahead with expansionary measures as it waits for lenders' response
    Photo via Fosphotos

    EconomyProgramme

    service, and from 13 to 6 percent on electricity bills, as well as legislation paving way for the so... with the lenders over the coming years. The amount is the equivalent of 3 percent of GDP (1 percent

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  5. Current account deficit widens in March due to deteriorating goods trade balance
    Photo via Flickr https://flic.kr/p/oDf3bQ

    EconomyMacroeconomy

    in last year’s first quarter. Exports in the aggregate period rose by 1 percent and came to 7.7 billion. At the same time, imports rose by 6 percent coming to 13.7 billion. The services surplus rose

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  6. Tsipras calls snap elections after heavy defeat that puts ND on course for clear majority
    Photo by MacroPolis

    PoliticsGreek Politics

    counted, New Democracy had 33.2 percent (7 MEPs) of the vote and SYRIZA 23.9 percent (6 MEPs... to the last European Parliament elections in 2014, when it gained 9.39 percent. Two new parties set to elect 1

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  7. General govt primary cash surplus at 1.68 bln in April, arrears rise by 164 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    contributions which showed an increase of 80 million YoY to 7.06 billion. A slight increase of 6 million..., representing under 1 percent of the total. Guarantees The stock of gg guarantees fell by 116 million

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  8. Card usage gains traction with debit cards leading the way, BoG finds

    EconomyBanking

    million, recording a rise of 1 percent year-on-year (YoY) versus 2017. The majority of these cards... from 3,998 euros. The average transaction value per card for credit cards showed a rise of 6 percent

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  9. Credit contraction remains at 0.1 pct in May, balance at 161.16 bln
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    balance falling to 55.64 billion euros. Loans to sole proprietors edged up by 1 million euros after... negative for a fifth month with net deductions of -6 million euros compared to -36 million in April

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  10. Fiscal targets and tax cuts on agenda as Staikouras meets Regling
    Photo via http://www.delphiforum.gr/

    PoliticsGreek Politics

    cut legislated by the previous government, may be sacrificed to avoid the fiscal gap of more than 1... aims to announce 2 billion euros of spending cuts and savings to counterbalance the 6 billion euros

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