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  1. March current account deficit at 955.8 mln on improvement in goods balance
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    was a strong improvement in the balance of goods, where the deficit declined by 476.2 million to 1.48... largely from an 1.9 billion-euro drop in residents' holdings of foreign bonds and T-Bills. A net

    5%

  2. Philip Roth's words of caution

    Agora

    , especially in a country like Greece, where there are strong anti-Semitic roots. What has been... are willing to instantly drop their scepticism, champion the politician seeking to make amends and stop

    5%

  3. Piraeus Bank sells first real-estate backed NPE portfolio worth 1.95 bln
    Photo by MacroPolis

    EconomyBanking

    as a strong vote of confidence in the prospects of the newly established NPE market, the recovering real... billion euros according to BoG’s quarterly report that monitors progress with stock expected to drop

    5%

  4. Retail sales up by 1.2 pct in March on higher activity in dept stores, clothing

    EconomyMacroeconomy

    index also grew by 1.5 percent after a marginal drop of 0.1 percent in February, also growing... the end of last year. Retail trade confidence dropped by four points to 6.2 following a strong rise

    5%

  5. Newsletter 164 -08/06/2018

    Newsletters

    of those who are unemployed continue to improve, with the latest month showing a drop in unemployed... deficit, which landed at 7.08 billion. The driving factor was a strong increase of 13.2 percent

    5%

  6. Trade deficit down by 15.8 pct in May on reduced imports, higher exports
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit fell by 15.8 percent in May, picking up pace from April’s drop of 4.6 percent, according to data from the Hellenic Statistical Authority (ELSTAT) released on Friday... deficit, which landed at 8.55 billion. The driving factor was a strong increase of 13.7 percent

    5%

  7. May current account shows surplus of 191.5 million as underlying indicators improve
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    balance in the aggregate period was boosted by strong performance for the month of May, and increased..., stemming largely from an 2 billion-euro drop in residents' holdings of foreign bonds and T-Bills. A net

    5%

  8. Greece on track for bumper tourism year, figures show
    Photo by Pavlos Svoronos/Fosphotos

    EconomyFeatures

    visitors showed a sharper drop of 36.6 percent to 15,700. It is worth noting that the first quarter... up to June of this year further boosted the outlook for a strong tourism season. They showed

    5%

  9. Sharp increase in May arrivals, particularly from Germany, delivers travel balance boost
    Photo by MacroPolis

    EconomyMacroeconomy

    percent to 201.5 million. As a result, the travel balance came to a strong surplus of 1.27 billion euros... Russia has recorded a significant drop of 35 percent to 36 million euros. During the first five months

    5%

  10. Fitch upgrades Greek rating to 'BB-', three notches from investment grade
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    over the period, debt is expected to drop to 123 percent by 2030 from 182.7 percent of GDP... uncertainty and a strong tourism season. Fitch expects this deposit growth trend to continue. Looking forward

    5%