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  1. Disposable income grows by 2.1 pct in Q1, gross savings continue to shrink
    Photo by MacroPolis

    EconomyMacroeconomy

    the previous quarter’s increase of 2.6 percent, and stood at 14.44 billion. Employee compensation has

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  2. Credit contraction at 1.2 pct in June, balance at 178.87 bln
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    million in May. The household lending sector’s negative balance deepened by 118.9 million euros. Credit

    1%

  3. Retail index jumps 5.3 pct in May led by fuel and supermarket sale
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    Greece’s retail sales index increased by 5.3 percent in May, accelerating from the growth of 0.8 percent noted in April, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. The headline index has remained positive for four out of the first five months of the year with February the only

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  4. Eighteen core goods led exports during crisis, NBG study notes

    EconomyFeatures

    in the last eight years. This is followed by Germany, where 10 percent of Greece’s exports head each year

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  5. Retail turnover in June grows strongly led by fuel and supermarket sales
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s retail sales index increased by 3.3 percent in June, following a revised downward 4.9 percent rise in May, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The headline index has remained positive for five months in the first half of the year with February the only negative

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  6. Trade deficit grows by 34.5 pct in July on continued import rises
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit grew by 34.5 percent year-on-year (YoY) in July compared to an increase of 30.9 percent in June, according to data from the Hellenic Statistical Authority (ELSTAT) released on Friday. The deficit stood at 2.10 billion euros for the month. The headline figure for July

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  7. Turnover in tourism grows by 11.5 pct during Q2
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The current quarter’s rise is the highest since Q3 2017, when the index increased by 14.7 percent

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  8. Greece's golden visa scheme brings revenues, but risks as well

    EconomyFeatures

    hotel units as well as luxury residences. Cyprus’s equivalent programme, which has been in operation

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  9. Strong receipts push travel balance up by 15.9 pct in July
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s travel balance rose by 15.9 percent in July, almost unchanged from the increase of 16 percent in June, Bank of Greece (BoG) data revealed on Friday. Receipts came to 3.38 billion euros for the month, an increase of 14.4 percent. Travel payments showed an 8 percent decline and came to 166.3

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  10. Another austerity fighter to bite the dust
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    about violations of property rights. For example, as a result of the Cypriot bailout, the island’s two

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