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  1. Ahead of vote, Tsakalotos appeals to SYRIZA MPs with positive message
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    VAT on agricultural products from 24 percent to 13 percent as of July 1 this year... on agricultural products from 24 percent to 13 percent, scrapping the special consumption tax on wine and providing nursery places for all children. The government’s decision to reduce VAT on farming products

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  2. Industrial production grows 1.6 pct in June, slowing from May

    EconomyMacroeconomy

    petroleum products (+22.6 percent) and tobacco products (+15.6 percent). The largest declines came... (-24.7 percent) and other mining and quarrying products and machinery and equipment (-17.0 percent

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  3. NOME auctions: amendments to legal framework for electricity market liberalisation

    Legal

    , introducing an amendment to Articles 7 and 9 of the Forward Products Auction Code (FEPAC). According... to the Greek Day Ahead Market of the electricity quantities acquired in the Forward Products Auctions... initiated by RAE setting a minimum percentage of use of forward products electricity in the Greek

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

    EconomyMacroeconomy

    in the automotive fuel sector​,​ which grew by 3.9 percent. The pharmaceutical products and cosmetics sector.... All other categories declined, with the biggest fall observed in pharmaceutical products...) and pharmaceutical products and cosmetics (-1.4 percent). The seasonally adjusted (SA) retail sales index

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  5. Entrepreneurs show lack of innovation, face many barriers to entry, study suggests
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyFeatures

    their products new or innovative, with just 15.6 percent considering that all customers would find their products innovative. Combined with the fact that three out of five entrepreneurs surveyed were over 35... of those questioned said that many business offer similar services or products against an average of 52

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  6. Industrial production shows growth of 0.8 pct in November
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    that the most notable increases were seen in computers, electronic and optical products (+14.8 percent), machinery and equipment n.e.c (+12.4 percent) and basic pharmaceutical products and pharmaceutical preparations (+10.7 percent). The largest declines came in tobacco products (-29.7 percent), motor

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  7. Industrial turnover increases by 12.9 pct in November
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    and quarrying sector, the largest rise came from other mining and quarrying products (+22.2 percent). In manufacturing, coke and refined petroleum products is the most weighted category, and registered... by 28.8 percent. The largest fall in this category came from leather and related products (-22.6 percent

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  8. Industrial turnover falls by 2.6 pct in December
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    was noted in other mining and quarrying products (-20.8 percent). In manufacturing, coke and refined petroleum products is the most weighted category, and registered a rise of 2.1 percent. The largest overall rise in this category was observed in computers, electronic and optical products, the index

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  9. Industrial production increases by 1.9 pct in April, March revised upwards
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    pharmaceutical products and pharmaceutical preparations (+24.5 percent). The largest declines came in tobacco products (-31 percent), the mining of coal and lignite (-16.7 percent) and leather and related products (-10.3 percent). The seasonally adjusted IPI declined by 2.9 percent, and came to 94.40

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  10. Industrial turnover rises by 17.5 pct in July for seventh positive month

    EconomyMacroeconomy

    by 9.2 percent, and other mining and quarrying products showed an increase of 4 percent. In manufacturing, coke and refined petroleum products holds the greatest weighting in the index. This category... for this category. The biggest rise was noted in computers, electronic and optical products (+42.5 percent), while

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