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  1. Industrial production rises at record high rate of 10.8 pct in Feb

    EconomyMacroeconomy

    breakdown showed motor vehicles and trailers excelled (+376 percent) followed by double-digit growth rates... rates of 3.7 percent in manufacturing, 1.9 percent in mining and quarrying and 1.6 percent in water

    3%

  2. Greece eyes first bond issue since 2014 to smooth out volatile relationship with markets
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    to improve the benchmark rates for borrowing from the markets. On top of reform implementation... and being refinanced at affordable rates. This requires a significant reduction in the country risk

    3%

  3. Govt tables 2018-21 MTFS containing 4.5 bln in measures, sees growth rising from 1.8 pct this year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    are expected to rise at broadly similar rates of 2.3 and 2.5 percent in 2017 and 2018 respectively... of sustaining positive real GDP growth rates, the HFC stressed.

    3%

  4. Athens banks on French support for debt relief and growth
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    compromise proposal that would see debt relief for Greece linked to the economy’s growth rates over... growth rates and bridge the gap between the International Monetary Fund and the European lenders

    3%

  5. Tourism could give economy annual 5 bln boost, NBG report finds
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyFeatures

    season between June to September resulted in annual Greek hotel occupancy rates of 27 percent... conditions of 2015 also led hoteliers in Greece to drop their rates under pressure from travel agencies

    3%

  6. Report highlights latest living conditions and demographics in Greece
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    decline in birth rates. After rising to 118,302 births in 2008, the year that the financial crisis first emerged, birth rates have continued to fall, going below the 100,000 mark in 2013

    3%

  7. Study shows 341 mln a year in tax lost from short-term rentals
    Photo by George Vitsaras/Fosphotos

    EconomyFeatures

    highlighted that the current difference in classifications between types of accommodation and the tax rates... tenants and setting their rates in accordance. The result is that certain areas have become priced

    3%

  8. Greek competitiveness rank remains low as tax, bureaucracy create obstacles
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    in Greece, namely tax rates, inefficient government bureaucracy and tax regulations. Within each... crisis, this growth had been uneven. Rising income inequality, low growth rates and damage

    3%

  9. Orthodox Christianity survey reveals strong influence on Greek society
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    . This is connected to falling birth rates and ageing populations in the main European hubs... stood at 17 percent for Greeks, and 31 percent said they prayed daily. The median European rates were

    3%

  10. Banks meet NPE reduction targets in Q3, adjust targets for next two years
    Bank of Greece

    EconomyMacroeconomy

    once again reported the highest NPE inflows which were offset by significant cure rates in the same... affected re-default rates and net NPE inflows. Liquidations will remain a key driver, totalling 10.6

    3%