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  1. Industrial turnover rises at accelerating pace of 9.4 pct in Sept

    EconomyMacroeconomy

    . The strong rebound in September reflects a similar rise in manufacturing turnover by 9.3 percent... notable drop was posted in mining of coal and lignite (-57.6 percent) followed by repair

    5%

  2. Greek 2017 budget reveals size and source of extra tax burden
    Photo by Panayiotis Tzamaros/Fosphotos

    Agora

    in 2014. However, the drop of 296 million euros in direct taxes in 2017 does not reflect lower revenue... the strong GDP rebound of 2.7 percent that has been forecasted for next year. According to the latest figures

    5%

  3. Bank of Greece sees potential for recovery, urges calm in negotiations
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    for a strong economic recovery of 2.5 and 3 percent respectively, while also foresees GDP to grow.... The improvement reflects a drop in risk weighted assets (RWA) by 10.5 percent, mostly due to the sale

    5%

  4. Retail sales grow for second straight month in Oct with 1.3 pct rise
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    sales edged down 0.1 percent as a strong rise in clothing and footwear (+14.3 percent) and automotive fuel (+4.3 percent) was outweighed by a marked drop in books, stationery and other goods (-12

    5%

  5. December retail sales seen down 2.5 pct amid tax onrush
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    2009 figure of 6.43 billion, largely attributed to a sharp drop in household disposable income... of 0.5 – 0.6 percent for the whole year. For 2017, MoF and EC project a strong rebound of 1.8 and 1.5

    5%

  6. Early tourism estimates point to increased airline pre-bookings and lower cruise passengers in 2017
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The demand for airline travel to Greece remains very strong for 2017, particularly from German-speaking countries, according to INSETE, the Institute of the Greek Tourism Confederation (SETE.... SETE chairman Andreas Andreadis recently said that lower tourism revenues are attributed to a drop

    5%

  7. Newsletter 105 - 03/02/2017

    Newsletters

    for a strong economic rebound and, ultimately, lead the country on an upward trajectory. Adverse weather... on Thursday. In addition, a sharper drop in overnight interest rates led the weighted average rate on all

    5%

  8. PMI rebounds to 47.7 in Feb but shows deterioration for sixth straight month
    By Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    deterioration reflects a further drop in new business and output, while lower production also led... to strong competition that did not allow firms to pass on the higher cost burdens. Moreover, the average

    5%

  9. Pause in review talks, leaving most difficult issues to be tackled
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    of almost all the fiscal gap for 2018, also reflecting the strong fiscal outperformance in 2016.... The institutions also favour a drop in the corporate rate tax and reduced upper tax rates for personal

    5%

  10. What Dijsselbloem didn't say
    Photo by Fosphotos

    Agora

    MEP Ernest Urtasun. “Solidarity comes with strong commitment and responsibility,” he said, insisting... stop pretending it is a selfless act of solidarity. While we’re at it, we should also drop

    5%