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  1. Current account shows deficit of 874.5 mln in July as travel receipts disappoint
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s current account (C/A) balance posted a deficit of 874.5 million euros in July compared to a deficit of 1.42 billion euros in June, Bank of Greece (BoG) data showed on Monday. In the same period last year, the balance showed a surplus of 1.35 billion euros, meaning that the deficit has

    2%

  2. Tourism boosted GDP by up to 33 pct in 2019, but low arrivals in 2020 could see economy shrink by 10 pct

    EconomyFeatures

    to the coronavirus pandemic, tourism in Greece has suffered a heavy blow with reduced revenues and reluctance

    2%

  3. Greek businesses under pressure due to late payments, survey shows

    EconomyFeatures

    Intrum has released its latest European Payment Report (EPR) which outlines how late payments impact the business outlook across Europe. A total of 9,980 companies in 29 European countries were surveyed for the 2020 report. The coronavirus pandemic and its impact features prominently

    2%

  4. Retail turnover drops by 3 pct in July for fifth straight negative reading
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    to -41 in September. Compared to the same month last year, consumer confidence has dropped by 34.2

    2%

  5. Household expenditure rises by 2.5 pct in 2019

    Society

    that the average monthly household spending has fallen by 24.4 percent compared to 2010, and by 30.3 percent

    2%

  6. Gap between deaths and births grows to largest in series in 2019
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    A new set of demographics data by the Hellenic Statistical Authority (ELSTAT) has shown that the gap between deaths and births expanded to its highest level on record in 2019. In 2019, the data showed that there were 83,763 live births versus 124,965 deaths. This meant that there were 41,202 more

    2%

  7. Landmark Golden Dawn verdict welcomed by parties, obscuring underlying divisions
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Minister Michalis Chrysochoidis, who has already clashed with opposition parties over the way police

    2%

  8. Unemployment drops to 16.8 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    . This age group also has the highest overall unemployment rate at 37.8 percent. Regionally

    2%

  9. Newsletter 268 -09/10/2020

    Newsletters

    by an expert committee following recommendations from the Council of Europe, and that ND has already made

    2%

  10. Survey finds only 60 pct of hotels operated in the year so far
    Photo by George Vitsaras/Fosphotos

    EconomyFeatures

    The Hellenic Chamber of Hotels (HCH) has released a new survey of its members which shows the troubled state of Greece’s hotel sector in the midst of the coronavirus pandemic. It found that only 60 percent of hotels operated during the year to date. Regarding hotels that operate year-round, only 59

    2%