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  1. Strong travel balance brings current account surplus to 1.83 bln in August
    Photo by MacroPolis

    EconomyMacroeconomy

    investment showed a net decrease in residents’ external assets, attributable for the most part to a fall...-Bills. A net decrease in liabilities stems largely from a fall of 3.8 billion in non-residents

    4%
  2. Industrial turnover falls by 0.8 pct in Sept, down for first time since Oct 2016

    EconomyMacroeconomy

    by an increase in mining and quarrying by 10.6 percent, along with a fall of 1 percent in manufacturing... which rose by 29.1 percent, while the largest fall came from other transport equipment which declined

    4%
  3. Retail sales drop by 0.7 pct in September after upward revision for August
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    figure had originally shown a decline of 0.3 percent, marking the first fall in the index this year.... All other categories declined, with the biggest fall observed in pharmaceutical products

    4%
  4. Budget primary surplus at 4.65 bln in 11-month on lower expenditure
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    fall in property tax. In total, tax revenues beat their target by 379 million euros during the 11-month... slightly by 0.3 percent to 5.42 billion, landing exactly on target. In total, a 3.1 percent fall

    4%
  5. November current account deficit at 954 mln, goods balance improves
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    drop in residents' holdings of foreign bonds and T-Bills. A net fall in liabilities was driven by a fall of 2 billion in non-residents holdings of Greek government bonds and T-Bills. Reserve assets fell

    4%
  6. Disposable income grows by 0.8 pct in Q3, up from previous quarter

    EconomyMacroeconomy

    contributions, along with a fall in transfers. Since 2010, disposable income has fallen by 25.7 percent, or by 10.17 billion, mirroring a 27 percent fall in GDP which came about as a result of a range

    4%
  7. Pensions continue to be main source of income for half of Greek households
    Photo by Panayiotis Tzamaros/Fosphotos

    Society

    fall into the category of long-term unemployed. One in five households has a member who gets paid... a fall of 9 percentage points compared to the results from 2016 when 34 percent said that they would

    4%
  8. Spending on pensions down by 30.9 mln in December
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , with a corresponding fall of 30.9 million euros in pensions amounts paid out. IDIKA monitors monthly... pensions which fall below the 500-euro mark. For around 20,000 main pensions, the monthly cost

    4%
  9. Unemployment rate falls to 21.5 pct in 2017 despite increase in Q4
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    ) figures showed on Thursday. The latest figure reverses the fall of the previous quarter, which had... with a fall in those employed by 87,372 to 3.7 million. The previous quarter had marked the first

    4%
  10. Travel balance rises by 3.4 pct in Jan as expenditure out of sync with arrivals growth
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s travel receipts rose by 3.4 percent year-on-year in January, reversing a fall of 76.3 percent in December, Bank of Greece (BoG) data revealed on Monday. Receipts came to 153.1 million euros..., a fall of 15.6 percent was noted (50.8 million euros). For countries within the EU but not euro

    4%