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  1. Budget surplus at 1.94 bln in 6-month, 1.51 bln above target on strong underspend
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The budget primary balance recorded a surplus of 1.94 billion euros in the six month period of 2017, up by 18.6 percent from last year’s figure of 1.63 billion, the Finance Ministry (MoF) preliminary budget execution bulletin showed on Friday. The six-month primary surplus for June beat target

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  2. Proportion of Greeks willing to emigrate for work triples in two years
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    of respondents said that the training was initiated at their request rather than the company’s (55

    1%

  3. Industrial turnover soars 19 pct in May for seventh successive month
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s Turnover Index in Industry climbed at an accelerating pace by 19 percent in May, after a downward revised growth of 10 percent in April, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. The May headline figure is the seventh successive positive reading and the third highest

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  4. Budget primary surplus at 1.94 bln in H1, beating target by 1.5 bln on underspend
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The budget primary surplus was confirmed at 1.94 billion euros in the first half of 2017, up by 18.6 percent from last year’s figure of 1.63 billion, the Finance Ministry (MoF) final budget execution bulletin showed on Monday. The headline figure beat the target by 1.51 billion euros due

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  5. Travel receipts edge up 1.7 pct in May on higher foreign arrivals
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    pushing the first half figure up 10.5 percent to 6.53 million. According to SETE’s projections

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  6. Credit contraction accelerates to 1.3 pct in June on loan deductions of 206 mln

    EconomyMacroeconomy

    million in the first half of the year, down by 36.6 percent from the previous year’s figure of 979.3

    1%

  7. Economic sentiment and consumer confidence climb in July after review conclusion
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) climbed by 4.2 points in July, after edging up by 0.8 points in the previous month, European Commission (EC) figures revealed on Friday. The notable improvement in ESI and all other business indicators is attributed to the positive sentiment generated

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  8. May retail sales show slight rise of 0.4 pct, volume increases 0.3 pct
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index increased marginally by 0.4 percent in May after a downwardly revised figure of 3.8 in April according to data from the Hellenic Statistical Agency (ELSTAT) on Monday. The May headline figure is the eighth positive reading in the last nine months, albeit

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  9. Tourism could give economy annual 5 bln boost, NBG report finds
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyFeatures

    in order to match the patterns of Greece’s closest competitors. Specifically, concentrating the tourism

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  10. Capital controls to ease further from the beginning of September
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    is held with the credit institution. The Ministry of Finance’s decision will also allow companies

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