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ELSTAT

ELSTAT: Tourism Figures Down for Food, Accommodation and Museums

The Hellenic Statistical Authority (ELSTAT) released figures relating to the tourism sector. Food and Accommodation The turnover in accommodation and food service activities during the 2nd quarter 2016 as compared to the 2nd quarter 2015 decreased by 1.1 percent while the...

Unemployment in Greece Drops to 23.4% in June

The unemployment rate in Greece dropped to 23.4 percent in June, compared to 24.9 percent in June 2015, the Hellenic Statistical Authority, ELSTAT, announced on Thursday. According to ELSTAT, the number of employed Greeks came to 3,674,957, while the number...

Greek Trade Deficit Up 88.9 Percent in July

The Greek trade deficit widened sharply by 88.9 percent in July as imports grew 18.2 percent and exports fell by 3.4 percent in the month, according to figures released by the Hellenic Statistical Authority (ELSTAT) on Wednesday. The statistics service,...

Greece on Top of Friday's Eurogroup Agenda September 9

Greece is the first and main issue on the agenda on Friday (September 9) at a meeting of euro zone finance ministers in Bratislava. The progress of Greece's bailout program and the state of the country's economy is the main...

IMF's Delia Velculescu to Return to Athens on Sept. 12

The head of the International Monetary Fund (IMF) mission in Greece, Delia Velculescu, is expected to return to Athens in mid-September, possibly on September 12, IMF spokesman Gerry Rice said during a press briefing on Thursday. He said the...

Handelsblatt: Greece Seeks Scapegoat for Greek Statistics, Karamanlis Implicated

German newspaper Handelsblatt's article, titled "The Scapegoat of Greece" casts the spotlight on the prosecution of Andreas Georgiou, the former chief of Hellenic Statistical Authority (ELSTAT) by the Greek justice system. The article states that Greek politicians are seeking...

European Commission-EWG Urge Greece to Expedite Bailout Requirements

The Euro Working Group discussed Greece's bailout program on Monday ahead of September's Eurogroup, with European Commission sources saying that Athens is behind in its obligations. European Commissioner for Economic and Financial Affairs Pierre Moscovici met with Greece's Finance Minister...

ELSTAT: Greek Statistics Show Deepening Recession in First Half of 2016

The Hellenic Statistical Authority (ELSTAT) announced the GDP for the 2nd quarter for 2016. Seasonally adjusted data showed that GDP in the second quarter increased by 0.2 percent compared to the first quarter against an increase of 0.3 percent...

Prosecution of Former ELSTAT Chief Is Another Diversion from Greece's Harsh Economic Reality

This summer the Greek government is creating a series of diversions in order to make the populace forget temporarily the enormous new taxes they have to pay and the hike in prices of almost all staples and consumer goods. After...

EU Letter Violates Greek Constitution, Alternate Justice Min Says

"The letter of Valdis Dombrovskis, Pierre Moscovisi and Marianne Thyssen does not only violate the Greek Constitution but also the EU institutional acquis," Alternate Justice Minister Dimitris Papangelopoulos said in a statement on Thursday. "The three European officials essentially ask...