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  1. Significant revenue outperformance drives budget primary surplus to 4.4 bln in 2016
    Photo by Panyiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s budget primary surplus stood at 4.39 billion in 2016, almost double the 2015 figure of 2.27 billion, the Finance Ministry (MoF) preliminary budget execution bulletin revealed on Tuesday. The headline figure beat the full-year target by 2.41 billion largely due to revenue outperformance

    11%

  2. Industrial turnover rebounds 2 pct in November

    EconomyMacroeconomy

    to the double-digit decreases in the first five months of 2016. The upward movement in November

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  3. Current account deficit of 1.2 bln in Nov turns 11-month balance negative
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    . In contrast, travel receipts fell by 13.8 percent to 219.4 million despite a double-digit rise in non

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  4. Tax revenue overperformance leads budget primary surplus to 4.44 bln in 2016
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    at a slower pace of 3.1 percent to 9.03 billion. Meanwhile, tax refunds rose at double-digit rate

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  5. The place where sanity goes to die
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    to continue is a double-edged sword. In the past it placed a huge burden on Greece but now it means

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  6. Retail sales rise at an accelerating pace of 1.8 pct in Nov
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    largely reflects a double-digit increase in retail sale not in store (+22 percent) and in books

    11%

  7. Industrial production rises at slightly faster pace of 2.2 pct in Dec
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    notable double-digit decreases were recorded in computers, electronic and optical products (-27.9 percent

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  8. Apartment prices drop 0.6 pct in Q4 and 2.2 pct overall in 2016

    EconomyMacroeconomy

    ), while a double-digit decrease was also posted in 2013 (-10.9 percent). Since then, the decline

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  9. European Commission positive on Greece's macro and fiscal prospects
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , while investments are projected to record double-digit growth of 12 and 14.2 percent in 2017

    11%

  10. Q4 GDP contracts 0.4 pct QoQ, growth of 0.3 pct in 2016
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    exports decreased by 1.6 percent in the January to September period reflecting a double-digit growth

    11%