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Revised GDP data shows recession for 2016, higher growth in 2014
EconomyMacroeconomyof -0.9 percent. In nominal terms, the economy in 2014 contracted by -1.1 percent, and by a further
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Tsipras returns from US with positive sentiment but absence of tangible results
PoliticsForeign Policyto upgrade its F-16s. Greek officials briefed the local media that Athens would only be paying 1.1 billion
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Tsipras concludes US trip with focus on geopolitics and investments
PoliticsGreek PoliticsTzanakopoulos clarified that Athens would only pay 1.1 billion euros of this total and that the payment would
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Mitsotakis urges ND renewal, challenges PM over surplus
PoliticsGreek Politicsthat Athens would pay a maximum of 1.1 billion euros for the upgrade and that this would be spread over
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Sub-tranche released but PPC poses key challenge in review
EconomyProgramme1.9 billion euros and that around 1.1 to 1.2 billion of this will be redistributed. SYRIZA-friendly
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Retail sales drop by 0.3 pct in August, first negative reading for the year
EconomyMacroeconomyGreece’s retail sales fell by 0.3 percent year-on-year in August after revised growth of 1.8 percent in July, according to data published by the Hellenic Statistical Agency (ELSTAT) on Tuesday. Compared to the previous month, August’s figure declined by 1.1 percent. The headline figure
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Tsakalotos stands ground on taxes, finalises social dividend plan
PoliticsGreek Politicsthat it will be able to hand out 1.1 billion euros, the so-called “social dividend.” According
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Trade deficit declines by 3.8 pct in September as exports outpace imports
EconomyMacroeconomyby 1.7 and 1.1 percent, respectively. As a result, the trade deficit excluding these two categories
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Coalition seeks to remove review obstacles, turn up pressure on opposition
PoliticsGreek Politicsknown later this month. The government is hoping to share out at least 1.1 billion euros from
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CPI grows by 0.7 pct in October, positive for 10 successive months
EconomyMacroeconomy. The Finance Ministry’s latest draft budget projects the HICP to rise by 1.1 percent in 2018.
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