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  1. Greek hourly labour costs less than half of eurozone average
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyFeatures

    against an EU average rise of 2.3 percent. As a percent of the total, non-wage costs make up 25.7

    3%
  2. ECB report highlights sluggish Greek economic growth
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    The annual report of the European Central Bank (ECB) showed that Greece had the lowest rate of growth among Eurozone countries in 2017, with 1.4 percent growth compared to the average of 2.3 percent. The average for the European Union (EU) was 2.4 percent. Private consumption in Greece edged up

    3%
  3. Sustained friction with Turkey reveals differing views, approaches in Athens
    Photo by Andrea Bonetti/Fosphotos

    PoliticsForeign Policy

    Minister’s office and the Defence Ministry agree that Ankara is aiming to keep up the tension

    3%
  4. Central Athens shop closures at six-year low, mixed picture in other commercial centres
    Photo by Pavlos Svoronos/Fosphotos

    EconomyFeatures

    by 0.2 pp YoY. The city of Thessaloniki’s closure rate inched up to 26.3 percent from 26.1 percent

    3%
  5. Budget primary surplus at 2.32 bln in Mar, beating target by 1.22 bln
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    months of 2018 recorded a surplus of 408 million euros, up substantially against the balance

    3%
  6. Symbolism takes leading role in political developments

    PoliticsGreek Politics

    Greek politics has been dominated by symbolism over the last few days, particularly as Greek-Turkish relations have become more strained. The pressure on the coalition has been ramped up by a series of events including the death last week of pilot Giorgos Baltadoros after he flew a mission

    3%
  7. Industrial turnover grows by 3.1 pct in February

    EconomyMacroeconomy

    percent, while that in the domestic market edged up by 0.5 percent. The growth in the non-domestic market

    3%
  8. Debt, fiscal path still divide lenders ahead of Washington Group meeting
    Photo by IMF https://flic.kr/p/zBf1FT

    EconomyProgramme

    . The data in the Fiscal Monitor forecast the primary surplus for 2018 to reach 2.9 percent of GDP, up from

    3%
  9. Eurosystem funding drops by 1.45 bln in March as ELA reduction offsets ECB rise
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The composition of Eurosystem funding for the month showed that ELA funding made up around 54.6 percent

    3%
  10. Elections and possible alliances on political agenda again
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    up on the fact that New Democracy leader Kyriakos Mitsotakis praised the late PASOK stalwart

    3%