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  1. Trade deficit widens by 28.9 pct in July due to higher oil prices
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    EconomyMacroeconomy

    Greece’s trade deficit increased by 28.9 percent year-on-year (YoY) in July according to data from the Hellenic Statistical Authority (ELSTAT) released on Tuesday. The deficit came to 2.12 billion euros for the month. Imports totalled 5.65 billion euros, rising by 23.7 percent YoY. Exports totalled

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  2. Rise of property prices continues with 4.6 pct increase in Q2
    Photo by MacroPolis

    EconomyMacroeconomy

    percent seen in April, reflecting the low base effect of last year’s lockdown.

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  3. Growth in building activity decelerates to 17.6 pct in June after post-lockdown boom
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    EconomyMacroeconomy

    . The European Commission’s latest business sentiment indicators for August showed that the construction

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  4. Spurred by rising employment, Q2 unemployment drops to 10-year low of 15.8 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s non-seasonally adjusted unemployment rate was 15.8 percent in the second quarter of the year (Q2), from 17.1 percent in Q1, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. The jobless rate dropped by 0.9 percentage points (pps) from the Q2 2020 figure of 16.7 percent

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  5. Stalled vaccination campaign emerges as biggest headache amid fourth wave warnings
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    PoliticsGreek Politics

    to recall Bogdanos’s party membership, however government spokesman Yiannis Economou said that the lawmaker

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  6. July travel surplus of 2.14 bln affirms comeback for tourism sector

    EconomyMacroeconomy

    Greece’s travel balance came to a surplus of 2.14 billion euros in July, from 610.2 million a year ago, when the tourism sector made the first tentative steps after the pandemic outbreak, according to Bank of Greece (BoG) data released on Tuesday. Despite the impressive annual recovery, the balance

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  7. Some key tasks pending as Greece edges closer to completing post-programme process
    Photo by EC - Audiovisual Service

    Economy

    quarter and more visibility in the tourism season. Greece’s post-programme framework, which initiated

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  8. Economic sentiment drops off in Sept as consumer confidence falls for fourth month
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    Following a series of rises, Greece’s economic sentiment (ESI) dropped in September by 3.3 points month-on-month to 109.7 points, from a rise of 1.8 points in August, according to European Commission figures released on Wednesday. Economic sentiment had been consistently improving since February

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  9. Impact of pandemic, lockdowns reflected in lower household spending during 2020
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    Society

    , still holding the lion’s share in the spending allocation with 23.1 pct. This was followed by housing

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  10. Retail sales jump 13.3 pct in Jul to extend growth period to four months
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s retail sales growth accelerated in July, rising by 13.3 percent year-on-year (YoY), from an upwards revised 12.2 percent in June, Hellenic Statistical Authority data showed on Thursday. Retail sales have been growing continuously since April, after dropping in 12 of the previous 13 months

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