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  1. Credit contraction deepens 1.4 pct in October, balance at 174.90 bln
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The balance for the latest month came to 20.26 billion. The Greek market has been experiencing

    1%
  2. Overdue social security contributions rise to 34.35 bln in Q3
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in 2017, and showed a rise of 23.9 million QoQ. Overall, KEAO has collected revenues of 3.85 billion

    1%
  3. Greek tax rate hikes among highest in OECD countries, tax report shows
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    The OECD’s annual Revenue Statistics report on tax has revealed that Greece’s tax to GDP ratio increased by 0.6 percentage points (pps) between 2016 and 2017, making the country’s tax rises among the highest out of 36 OECD countries surveyed. The tax-to-GDP ratio stood at 38.8 percent in 2016

    1%
  4. Industrial production falls by 1.1 pct in October, interrupting seven-month positive streak
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyMacroeconomy

    in the previous month. Year-on-year, industry confidence has improved by 0.7 points. Additionally

    1%
  5. Turnover in services sector improves in Q3 2018 on annual basis, declining QoQ
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    points in October. Year-on-year, service confidence has fallen by 2.5 points.

    1%
  6. Hirings balance negative by 33,249 in November as seasonality impact begins to tail off
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    -time work fell to 42.6 percent. The Greek job market in recent years has been characterised by a shift

    1%
  7. Industrial turnover rises by 17.8 pct in October, highest since May 2017
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    confidence has improved by 0.7 points.

    1%
  8. October current account deficit at 871.3 mln as goods balance worsens
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    -on-year (YoY), the deficit has grown by 82.2 million. The month’s headline figure was driven mainly

    1%
  9. PDMA sets out plans to build on recent market forays with bond issues in 2019

    Economy

    Greece’s Public Debt Management Agency (PDMA) issued this week its finance strategy for next year, which also outlines how the country’s market access since the summer of 2017 has been progressively built and gives a detailed profile of Greece’s current debt structure. Moving towards the end

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  10. Travel balance rises by 21.4 pct in October
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance edged up by 21.4 percent in October, following a much smaller rise of 0.8 percent in September, Bank of Greece (BoG) data has shown. Receipts came to 1.41 billion euros for the month, increasing by 18.3 percent year on year (YoY). Travel payments fell by 1.3 percent and came

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