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  1. Turnover in tourism sector up 7.3 pct in Q2 for fourth straight rise
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    by 10.5 percent for the first six months of the year to 6.53 million. According to SETE’s

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  2. Industrial turnover up by 8.6 pct in July, positive for eighth month

    EconomyMacroeconomy

    Greece’s Turnover Index in Industry rose by 8.6 percent in July after an upwardly revised growth of 9 percent in June, data from the Hellenic Statistical Authority (ELSTAT) showed on Tuesday. The headline figure for July is the eighth positive reading in a row, although it represents the lowest

    1%

  3. Study shows 341 mln a year in tax lost from short-term rentals
    Photo by George Vitsaras/Fosphotos

    EconomyFeatures

    Thornton found that, based on data from 2016, hotels account for around 10 percent of Greece’s GDP

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  4. Deposit inflows rise to 1.41 bln in August, highest for 2017
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    government (gg) - increased by 1.50 billion in August, increasing on July’s figure of 946 million

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  5. Retail sales continue their rise in July as consumer confidence improves
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s retail sales increased by 1.6 percent on an annual basis in July after a marginal 3.2 percent rise in June, according to data published by the Hellenic Statistical Agency (ELSTAT) on Friday. Compared to the June figure, the index increased by 2.9 percent in July. The headline figure

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  6. Draft budget sees stronger growth, fiscal targets being met
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The Finance Ministry (MoF) tabled on Monday in Parliament’s Economic Affairs Committee the 2018 draft budget, which contains its fiscal estimates as well as the underlying macro assumptions. The MoF expects that the improvement in economic confidence due to the smooth implementation

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  7. Birth rate rises by 1.1 pct in 2016 but remains under 100,000
    Photo by Panagiotis Tzamaros/Fosphotos

    Society

    , the rate of mortality for males is higher than that for females. Greece’s infant mortality rate rose

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  8. Eurobank sells NPL package in attempt to reduce bad debt pile
    Photo by MacroPolis

    EconomyBanking

    of 1.5 billion euros to Sweden’s Intrum. As Eurobank communicated in its recent earnings call, 620

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  9. Car sales continue to grow with 30.1 pct rise in September
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Road motor vehicles (going into circulation for the first time) rose by 30.1 percent in September from 31.3 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Monday. Car sales for September came to 11,767, increasing from August’s figure of 10,549. Passenger cars rose by 35

    1%

  10. Industrial production rises by 5.6 percent in August after revised July growth

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) increased by 5.6 percent in August following upwardly revised growth of 2.1 percent in July, Hellenic Statistical Authority (ELSTAT) data revealed on Tuesday. In the year so far, the IPI has remained steadily in positive territory. The increase originates

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