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Banks meet NPE reduction targets in Q3, adjust targets for next two years
EconomyMacroeconomyto the end of September. This quarter’s sales was largely composed of one particular sale by a single
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One in two Greeks thinks life was better 50 years ago, poll suggests
Societyfrom two world wars and a civil war which had left the country’s economy in tatters. In April 1967
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Car sales rise by 16.1 pct in November
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time rose by 16.1 percent in November from 34.4 percent in October, Hellenic Statistical Authority (ELSTAT) data showed on Friday. Car sales for November stood at 12,219, down slightly from October’s figure of 12,737. Passenger cars rose
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Trade deficit grows by 20.6 pct in October, driven by higher imports
EconomyMacroeconomyGreece’s trade deficit rose by 20.6 percent in October after a decline of 3.8 percent in September, the Hellenic Statistical Authority (ELSTAT) data showed on Friday. The deficit stood at 2.16 billion euros for the month. The headline figure stems from imports growing at a faster rate than exports
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Turnover in tourism sector up 13.9 pct in Q3, positive for fifth consecutive quarter
EconomyMacroeconomy. According to SETE’s projections, foreign arrivals are estimated to rise by 1.2 million or by 4.8 percent
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PM stands ground on property auctions despite broad concern
PoliticsGreek Politicsa backlash from the public over the auctions, Tsipras’s comments were by far the most outspoken
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Parliament gears up for budget vote as auction concerns persist
PoliticsGreek Politicsthe negative comments regarding next year’s budget and set his government up for a series of positive
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Number of private sector employees rises in 2017 but wages fall
EconomyMacroeconomyThe annual data from the Labour Ministry’s information system (Ergani) detailed the figures on private sector companies and workers in 2017. The information was gathered by data fed by firms electronically into Ergani and is released to summarise activity each year. The report revealed that 247,236
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Internet usage high but unexploited by Greek enterprises
EconomyFeaturesto the internet, which represents 86.6 percent of all enterprises. According to ELSTAT’s figures
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The republic without a government
Agorastation during New Year’s Eve in Cologne in 2015/16 remains a very raw and painful memory
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