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  1. Credit contraction deepens 1.4 pct in October, balance at 174.90 bln
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The balance for the latest month came to 20.26 billion. The Greek market has been experiencing

    2%

  2. Overdue social security contributions rise to 34.35 bln in Q3
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in 2017, and showed a rise of 23.9 million QoQ. Overall, KEAO has collected revenues of 3.85 billion

    2%

  3. GDP shows annual growth of 2.2 pct in Q3
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    has stayed above 2 percent for four out of the five previous quarters. In addition, GDP at current

    2%

  4. Greek tax rate hikes among highest in OECD countries, tax report shows
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    The OECD’s annual Revenue Statistics report on tax has revealed that Greece’s tax to GDP ratio increased by 0.6 percentage points (pps) between 2016 and 2017, making the country’s tax rises among the highest out of 36 OECD countries surveyed. The tax-to-GDP ratio stood at 38.8 percent in 2016

    2%

  5. Industrial production falls by 1.1 pct in October, interrupting seven-month positive streak
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyMacroeconomy

    in the previous month. Year-on-year, industry confidence has improved by 0.7 points. Additionally

    2%

  6. Turnover in services sector improves in Q3 2018 on annual basis, declining QoQ
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    points in October. Year-on-year, service confidence has fallen by 2.5 points.

    2%

  7. Hirings balance negative by 33,249 in November as seasonality impact begins to tail off
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    -time work fell to 42.6 percent. The Greek job market in recent years has been characterised by a shift

    2%

  8. October current account deficit at 871.3 mln as goods balance worsens
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    -on-year (YoY), the deficit has grown by 82.2 million. The month’s headline figure was driven mainly

    2%

  9. Retail turnover falls by 2.2 pct in October, volume declines by 4 pct
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    -on-year, consumer confidence has improved by 18 points. November’s reading for consumer confidence

    2%

  10. Travel balance rises by 21.4 pct in October
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance edged up by 21.4 percent in October, following a much smaller rise of 0.8 percent in September, Bank of Greece (BoG) data has shown. Receipts came to 1.41 billion euros for the month, increasing by 18.3 percent year on year (YoY). Travel payments fell by 1.3 percent and came

    2%