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  1. Current account shows deficit of 1.14 bln in February
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s current account (C/A) balance posted a deficit of 1.14 billion euros in February compared to a deficit of 1.29 billion in January, Bank of Greece (BoG) data showed on Tuesday. In the same period last year, the deficit was 1.02 billion euros, meaning that the deficit has deepened by 122.2

    2%

  2. Travel balance more than double in Feb as arrivals increase by 24.6 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance rose to 73.7 million euros in February from 33.4 million a year ago, Bank of Greece (BoG) data has shown. This is equal to an increase of 120.3 percent year-on-year (YoY). Receipts came to 240.4 million euros for the month, increasing by 21.1 percent YoY. Travel payments

    2%

  3. Budget primary surplus at 494 mln in Mar amid first signs of Covid-19 impact on revenues
    Photo by MacroPolis

    EconomyMacroeconomy

    last year, the aggregate figure has increased by 10 percent. Overall, net revenues amounted to 11.10

    2%

  4. VIDEO - The Greek economy after Covid-19
    Photo by MacroPolis

    Agora

    Greece has earned plaudits for tackling the Covid-19 threat to publich health but now faces a challenge in containing the impact on the country's fragile economy. Even in the best-case scenario, the recession is likely to rival the worst years of the recent debt crisis. Also, the momentum

    2%

  5. Building permits increase by 64.3 pct in February
    Photo by MacroPolis

    EconomyMacroeconomy

    . Compared to the same month last year, construction confidence has decreased by 26.8 points. The Bank

    2%

  6. Study suggests 1 in 3 employees could work remotely
    Photo by MacroPolis

    EconomyFeatures

    Research by the Centre of Planning and Research (KEPE) has revealed that up to a third of Greek workers could work remotely. With the advent of the coronavirus in the country, the Greek employment market was pushed into the digital age by allowing employees to work remotely, something

    2%

  7. Greek families burdened by high tax rates
    Photo by Panagiotis Tzamaros/Fosphotos

    Society

    A study by the Washington-based think tank, the Tax Foundation, has found that Greek families pay among the highest rates of tax out of OECD member states. The figures were presented in Greece by the Markos Dragoumis Center for Liberal Studies (KEFiM). They show that a Greek worker without children

    2%

  8. The Agora podcast - Episode 1 (Greece & Covid-19)

    Agora

    Our first podcast is on (what else?) the coronavirus. Host Nick Malkoutzis discusses with MacroPolis co-founder Yiannis Mouzakis and the website's features writer Georgia Nakou about how Greece has coped with the public health challenge of Covid-19 and what impact the virus could have on the Greek

    2%

  9. Primary cash balance deficit climbs to 2.62 bln in April largely on revenue deterioration
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , the PIB balance has worsened by 551 million euros. The budget primary balance recorded a deficit

    2%

  10. Current account shows deficit of 1.10 bln in March as Covid-19 hits trade & travel
    Image via www.moh.gr

    EconomyMacroeconomy

    Greece’s current account (C/A) balance posted a deficit of 1.10 billion euros in March compared to a deficit of 1.14 billion in February, Bank of Greece (BoG) data showed on Thursday. In the same period last year, the deficit was 1.54 billion euros, meaning that the deficit has improved by 431.6

    2%