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Newsletter 291 - 02/04/2021
as “a unique opportunity to radically change the Greek economic model, to guide the economy towards a more extrovert, competitive model, with a more effective, digitised state, a growth-friendly tax system... lockdowns. Greece’s retail sales index decreased by 5 percent in January following a revised drop
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Newsletter 297 - 21/05/2021
and transformation of the country’s economic model. It also acknowledges the need for a radical overhaul of the country’s productive model. However, the emphasis, as presented by Tsipras, is on more... or 7.4 percent. The number for the unemployed amounted to 714,809 in January. The drop in the number
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Record year for Greek tourism raises concerns about sustainability
EconomyFeaturesa drop in arrivals. Mykonos airport received 1.7 percent fewer visitors, mainly due to a 5.9 percent drop in international passengers according to figures published by operator Fraport Greece... tourism model, which privileges construction-led development with little concern for sustainability
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Newsletter 481 - 24/10/2025
the monument as a political tool or to divide society,” he said. Dendias’s remarks echoed those of President... and 2023, with the decline significantly exceeding the drop in productivity, implying a redistribution... Industrial turnover continued its slide in August with a drop of 1 pct year-on-year (YoY), from 1.8 pct
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Newsletter 488 - 12/12/2025
of democracy. Their remarks suggested that the farmers’ mobilisation is part of a wider narrative... The drop in Greece’s trade deficit accelerated in October with a 18.4 pct YoY drop, from 13.6 pct seen... of imports and 4.25 billion in exports. Stripping out the value of oil and ships, the drop in the trade
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April drop of 9.9 pct for industrial production largest since 2011 as virus takes toll
EconomyMacroeconomy(ELSTAT) data revealed on Friday. The headline figure is the sharpest drop in the index since... percent decrease in the mining and quarrying index, followed by a drop off 11.3 percent in manufacturing and a drop of 4.7 percent in the electricity supply index. An increase of 2.5 percent
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After support package, government turns attention to "everyday" issues
PoliticsGreek Politicswould not be picking up the drinks tab.
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Fuels head 1.7 pct YoY drop in retail sales for Nov as volumes drop again
EconomyMacroeconomyGreece’s retail sales resumed contraction in October with a drop of 0.6 percent year-on-year (YoY), after an increase of 1.7 percent in September, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. The corresponding volume index had another decline of 1.5 percent YoY. Volumes have now
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Sharp drop in corporate deposits drives 5.18-bln-euro drop in Jan
EconomyMacroeconomyThere was a significant movement in the Greek banking system’s private sector deposits during January, with a net drop of 5.18 billion euros, after a jump of 6.33 billion euros in December, according to the latest Bank of Greece (BoG) figures released on Thursday. December has a strong seasonal
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Unemployment drops to 16.8 pct in July
EconomyMacroeconomymonth, a drop of 8.2 percent. On an annual basis, the number of unemployed fell by 31,386 or 3.9 percent... down by age group, the largest annual drop in unemployment was seen in the 45-54 years age group... had been lower than usual due to the pandemic. The latest available data from the Labour Ministry’s
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