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Travel receipts drop by 3.6 pct YoY in Sep, but still on course for record year
EconomyMacroeconomyGreece's travel balance recorded a surplus of 3.14 billion euros in September, compared to 4.15 billion euros in August, according to data released by the Bank of Greece (BoG) on Monday. The September balance was 6.7 percent lower than the 3.36 billion ...
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Economic sentiment rises in Dec despite sharp drop in retail trade
EconomyMacroeconomyGreece’s economic sentiment (ESI) improved in December, with the index at 107.4 points, from 105.9 in the previous month, according to European Commission figures released on Thursday. Over the rolling 12-month period, December’s ESI was lower by 1 poin...
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Retail sales growth slows to 1.7 pct YoY in Nov on back of sharp drop in fuel transactions
EconomyMacroeconomyGreece’s retail sales growth moderated to 1.7 percent year-on-year (YoY) in November, after a rise of 5.5 percent in October, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. Over the eleven-month period, sales have only dropped annually...
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Hiring balance stays negative in Jan as new hires drop YoY
EconomyMacroeconomyGreece’s employment balance ended January 2026 with 18,744 more departures than hires, according to data from the Labour Ministry’s ERGANI information system. The hiring balance in January last year was also negative with 15,450 more departures, leading...
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Lending to corporates drives credit drop of 6.8 pct YoY in Apr
EconomyMacroeconomyCredit expansion in the Greek private sector remained strong in April, rising by 6.8 percent year-on-year (YoY), from 7.7 percent the previous month, Bank of Greece (BoG) figures released on Tuesday showed. The net lending flow was negative by 1.22 bill...
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Deposits fall marginally in April as rise for households offsets business drop
EconomyMacroeconomyPrivate sector deposits dropped marginally in April, with a net outflow of 66 million euros, after a rise of 2.08 billion euros in March, according to the latest Bank of Greece (BoG) figures released on Tuesday. The annual growth in April was 5.8 percen...
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Q1 GDP growth slows to 0.2 pct QoQ as investments drop
EconomyMacroeconomyGreece’s seasonally adjusted (SA) GDP grew modestly in Q1, rising by 0.2 percent quarter-on-quarter (QoQ), from 0.7 percent increase in Q4, provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Friday. The Greek economy has been ...
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About
No image availablemakes Greece tick. Since 2014, we have been operating a subscription scheme, a business model we
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Greece and the euro: The flight of Icarus
Agoraeconomic model in which the state was omnipresent. The two-party system that had dominated Greek
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Cyprus “success” preludes something bigger in European banking
Agoramodel (http://www.ft.com/intl/cms/s/0/dbe21db2-058d-11e2-bce8-00144feabdc0.html#axzz2OJIX6XTw). After
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