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  1. Turnover in tourism sector up 13.9 pct in Q3, positive for fifth consecutive quarter
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    within the EU increased by 1 percent to 1.01 billion. Receipts from Russia increased at the strongest... to 26 million in 2017. Furthermore, travel receipts are foreseen to increase by at least 1 billion

    12%
  2. New overdue tax obligations up by 1.18 bln in October, total at 99.75 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of overdue obligations, including legacy and new tax debt, rose by around 1 billion euros 99.75... forced collection measures increased by nearly 23,000 individuals month-on-month to over 1 million.

    12%
  3. Unemployment rate falls to 20.2 pct in Q3, lowest for almost six years
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    not fallen below the 1 million mark since Q3 2011. The largest increase in employment in Q3... straight quarter and edged up to 20.5 percent in Q3. The number of long-term unemployed (over 1 year

    12%
  4. Athens facing final steps in third review as next milestones identified
    Photo by Panayiotis Tzamaros

    EconomyProgramme

    , with another 1 billion to follow subject to e-auctions and the reduction of arrears progressing. During his... the introduction of e-auctions for debts to the state from May 1, the divestment of lignite units followed

    12%
  5. Hydrocarbons add to tension between Turkey, Greece and Cyprus
    Photo by UNAOC via Flickr https://flic.kr/p/8avo4T

    PoliticsForeign Policy

    confirmed that it had made a lean gas discovery in Block 6 with Calypso 1 NFW. “An intensive and detailed data collection (fluids and rock samples) has been executed on the well. Calypso 1 is a promising gas

    12%
  6. CPI falls by 0.2 pct in Jan, first negative figure since Nov 2016
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    was positive by 1 percent. The core index edged down by 0.4 percent following a 0.2 percent decline... sales period, -1.4 percent in household equipment and -1 percent in transport. Price rises were

    12%
  7. Central government debt grows to 328.70 billion in Q4
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    made up 79.9 percent of the total, while short-term (up to 1 year) and medium-term (1 to 5 years) debt

    12%
  8. Travel balance down by 76.3 pct in Dec, annual arrivals beat expectations
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by 1 percent year-on-year to 319.8 euros. Travel receipts from the 28 European Union (EU 28) countries...’s estimates. Furthermore, travel receipts were foreseen to increase by at least 1 billion and range

    12%
  9. Fourth review begins, with Athens and creditors also focussing on post-MoU era
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    of the second review: 1 percent of GDP in pension cuts in 2019 and 1 percent of GDP to be raised from

    12%
  10. Newsletter 153 -2/03/2018

    Newsletters

    of the fiscal measures that were agreed as part of the second review: 1 percent of GDP in pension cuts in 2019 and 1 percent of GDP to be raised from reducing the tax-free threshold for incomes in 2020

    12%