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Retail turnover drops by 24.7 pct in April, volume also down by 24.8 pct
EconomyMacroeconomyto -6.2 in June. Compared to June 2019, consumer confidence has recovered by 14 points. After dropping
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New tax debt at 2.21 bln to Mar, up by 545 mln month-on-month
EconomyMacroeconomyThe month-on-month rise in Greece's new tax debt came to 545 million euros in March, data from the Independent Authority of Public Revenues (IAPR) has shown. New tax debt totalled 2.21 billion, lower than the figure for the same period last year by 16 percent. In February, the increase in new tax
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Overdue social security contributions rise to 36.32 bln in Q1
EconomyMacroeconomymillion from 456.9 million in Q4 2019. Overall, KEAO has collected revenues of 6.06 billion since
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OECD forecasts unemployment increase into 2021
EconomyFeaturesThe OECD has released its employment outlook for 2020 in the context of the coronavirus crisis, highlighting the impact that the pandemic will have on the global job market. It showed that under the single hit scenario, Greece’s employment growth is set to fall by 3.5 percent this year and by 1
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Building permits fall by 22.4 pct in April
EconomyMacroeconomy. Compared to the same month last year, construction confidence has decreased by 0.3 points.
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PM in search of recovery fund boost as parties clash over latest Novartis episode
PoliticsGreek Politics, has been charged with abuse of power and breach of duty, among other things. The government argues
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Primary cash balance deficit at 6.71 bln in June
EconomyMacroeconomymonths of the current year, the PIB balance has worsened by 1.92 billion euros. The budget primary
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The EU decision excluding nuclear and fossil fuels from the Just Transition Fund
Legalof the argument the decision has been warmly welcomed by environmental groups that have been pushing
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Industrial turnover drops by 30.4 pct in May
EconomyMacroeconomyby 2.7 points month-on-month to stand at -18.1 points. Year-on-year, industry confidence has fallen
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Current account shows deficit of 913.9 mln in May as travel receipts evaporate
EconomyMacroeconomyGreece’s current account (C/A) balance posted a deficit of 913.9 million euros in May compared to a deficit of 1.13 billion in April, Bank of Greece (BoG) data showed on Monday. In the same month last year, there a surplus of 269.7 million euros, meaning that the balance has worsened by 1.18
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