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Retail sales up by 4 pct YoY in July as inflation drives volume rise of 2.1 pct
EconomyMacroeconomyand food and beverages were up by 6.7 percent. Clothing and footwear also recorded a rise of 2.5..., with fuels up by 1.5 percent, a 2.1 percent rise in foods and non-food up by 5 percent. According... with an improvement to -45.6 points, from -48.8 points in the previous month. Consumer confidence is up
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Travel receipts up by 10.5 pct YoY in Aug on back of 7.5 mln arrivals in
EconomyMacroeconomyfor the month were 4.52 billion euros, compared to 4.09 billion euros in 2024, up 10.5 percent year-on-year... in August reached 7.47 million, up 8.1 percent YoY. Arrivals from the EU totalled 4.64 million, of which... receipts came to 1.86 billion euros. Average expenditure per trip was up by 1.7 percent to 577 euros
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Surveillance and Tempe cases return to haunt ND, as court probes revive cover-up suspicion
PoliticsGreek Politicscover-up at a time when New Democracy is trying to rebuild its support. Predatorgate A magistrate’s... the new information on the CCTV does not necessarily support the cover-up allegations made by some... in the run-up to national polls due in 2027. The potential significance lies not only in the substance
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Despite strong close in Dec, industrial turnover up by just 0.3 pct YoY in 2025
EconomyMacroeconomy2025, the industrial turnover was up by just 0.3 percent, from a 0.3 percent rise in the previous... by 6.2 percent, while the non-domestic market was up by 4.6 percent. On a monthly basis, industrial... and mining up by 50.8 percent. Monthly, the domestic market was up by 12.3 percent while the foreign
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Newsletter 453 - 28/02/2025
concluded that serious underfunding and understaffing of the railways in the years leading up..., amounting to a shake-up of the operational and regulatory framework. The investigation did not come down... anger over the Tempe issue and the government’s inability to come up with a convincing response
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Current account deficit at 1.22 bln in Nov, down 18.6 pct
EconomyMacroeconomywith a slight drop in the corresponding payment pushed the travel surplus up by 84.4 percent... of Greece (BoG) data displayed on Wednesday. The year on year (YoY) drop reflects a narrowing... percent, with exports recording a double-digit drop of 11.3 percent. The BoG said that the net oil
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Covid-19 impact on tourism sector set to be extensive, report suggests
EconomyFeaturesmade up 16.3 percent of overall tourism revenues. INSETE quoted research by the consultancy firm McKinsey, Germans are expected that this year their expenditure on international flights will drop... are expected to drop by 82 percent. In 2019, BoG figures showed that visitors from the UK generated 14.1
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Newsletter 281 -22/01/2021
plan for businesses that will be rolled out in three stages: One up to April, the second until... of the tax advance refund, which broke all previous records by some distance. Now it is up... was partly offset by a 4.2 billion drop in the balance of goods deficit, along with a slight improvement
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Newsletter 294 - 23/04/2021
. Reducing the tax advance and tax rates will cost the budget 900 million this year and will drop..., up from 51% last month and 36% when the vaccination programme began in earnest in January. In terms... of bonds, up from 46.1 billion euros in 2019. 2 Current account deficit narrows to 840 mln in Feb
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Newsletter 101 - 23/12/2016
holding up the implementation of short-term debt relief measures dragged on. Athens had hoped to end... freeze for islands was not enough to hold up the debt restructuring process, but deliberations between... will soon be required to make difficult political decisions in order for the review to be wrapped up
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