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  1. Travel balance falls by 99.3 pct in May
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance fell to 9.1 million euros in May from 1.34 billion a year ago, Bank of Greece (BoG) data has shown. This is equal to an decrease of 99.3 percent year-on-year (YoY). Receipts came to 13.1 million euros for the month, falling by 99.2 percent YoY. Travel payments also decreased

    2%

  2. Fitch keeps rating at 'BB', sees GDP contraction of 7.9 pct in 2020
    Photo by MacroPolis

    Economy

    is confirmation of the new reality for Greece, which has thrown it completely off course that was set

    2%

  3. Retail turnover drops by 5.3 pct in May, volume drop​s by 5.8 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to -34.7 in July. Compared to July 2019, consumer confidence has dropped by 14.5 points. Retail trade fell

    2%

  4. New tax debt up by 222 mln MoM in April, total for year at 2.44 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The month-on-month rise in Greece's new tax debt came to 222 million euros in April, data from the Independent Authority of Public Revenues (IAPR) has shown. New tax debt totalled 2.44 billion, lower than the figure for the same period last year by 16.1 percent. In March, the increase in new tax

    2%

  5. Banks step up securitisation drive following pandemic interruption

    EconomyBanking

    . Piraeus also has in progress a larger securitisation called Vega, which is for a value of 5 billion

    2%

  6. Hirings balance positive by almost 70,000 in July, reflecting late summer season openings
    Photo by MacroPolis

    EconomyMacroeconomy

    to the pandemic, this year has not followed the traditional hiring pattern of seasonal jobs during spring

    2%

  7. Episode 10 - Get with the (first) programme

    Agora

    the spirt of our long-running blog section, The Agora, which has been a forum for discussing all kinds

    2%

  8. Construction slides again in May with fall of 8.7 pct YoY in building permits
    Photo by MacroPolis

    EconomyMacroeconomy

    in June. Compared to the same month last year, construction confidence has improved by 16.4 points.

    2%

  9. Primary cash deficit at 8.10 bln in July

    EconomyMacroeconomy

    that during the first seven months of the current year, the PIB balance has worsened by 2.59 billion euros

    2%

  10. New data highlights pandemic impact on enterprises as turnover falls sharply

    EconomyFeatures

    The Hellenic Statistical Authority (ELSTAT) has released a set of data showing the impact of the coronavirus pandemic on businesses in Greece. ELSTAT said that the data had been collected to show which enterprises suffered most in terms of turnover decrease during the implementation period

    2%