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  1. PPC lignite unit bids fall flat in blow to privatisations
    Photo by David Gibson via Flickr https://flic.kr/p/oATenb

    EconomyFeatures

    The Public Power Corporation’s (PPC) divestment of 40 percent of its lignite capacity has hit an obstacle as it emerged that the bid process for two lignite units had attracted very little interest. PPC received one binding offer for the Melitis unit in Florina from Mytilineos which was reportedly

    2%

  2. Industrial production up by 1.1 pct in Dec and 1 pct overall in 2018

    EconomyMacroeconomy

    , but rose to -4.6 points compared to -5 points in the previous month. Year-on-year, industry confidence has

    2%

  3. Bank of Greece outlines challenges to SME funding, gaps in knowledge
    Photo by MacroPolis

    EconomyFeatures

    has become a central issue in recent years, and given the volume of SMEs in Greece, bank lending

    2%

  4. Short-term rentals raise rents by average of 8.3 pct, study indicates
    Photo by MacroPolis

    EconomyFeatures

    A recent survey by Grant Thornton Greece commissioned by the Hellenic Chamber of Hotels has indicated the alleged impact of the short-term rental market in Greece. The survey leveraged a variety of data from existing sources including ELSTAT, EUROSTAT and the IMF. Covering the period from 2016

    2%

  5. New overdue taxes rise by 1.25 bln in Dec, total for 2018 at 106.62 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    was for the large part driven by rises in new debt. Total debt has remained above the 100-billion mark

    2%

  6. Industrial turnover falls by 0.9 pct in December for first negative reading of 2018
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyMacroeconomy

    confidence has deteriorated by 5.8 points.

    2%

  7. December current account deficit at 1.51 bln and 5.28 bln for 2018
    Photo by MacroPolis

    EconomyMacroeconomy

    ), the deficit has grown by 41.1 million. The month’s headline figure was driven largely

    2%

  8. Travel balance falls by 45.6 pct in Dec but rises by 9.6 pct in 2018 as visitors top 30 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance fell by 45.6 percent in December following a rise of 73.5 percent in November, Bank of Greece (BoG) data has shown. Receipts came to 265.8 million euros for the month, increasing by 40 percent year-on-year (YoY). Travel payments also rose by 53.2 percent and came to 252

    2%

  9. ND keeps pressure on PM over minister as Tsakalotos muses on fiscal targets

    PoliticsGreek Politics

    of Stournaras, with whom SYRIZA has clashed numerous times since coming to power. The tone

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  10. Tourism institute shows international flight seat schedule to Greece down by 7 pct in 2019
    Photo by MacroPolis

    EconomyFeatures

    A study by the Institute of the Greek Tourism Confederation (INSETE) has projected that international tourist arrivals could drop by up to 7 percent in 2019. In a publication titled “The prospects of incoming tourism in Greece in 2019”, INSETE anticipated a number of factors would impact this year

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