Gross Domestic Product
Culture
Banksy Sells Art Made by Refugees in Greece
The elusive artist called Banksy set up a shop in south London earlier this week, featuring among other items, welcome mats made by migrants who are living in Greek camps.
Banksy announced that he was going to sell products online...
Economy
Greece Still in Recession for 2nd Quarter of 2016
Greece remained in recession for the second quarter of 2016, showing a 0.7% drop in gross domestic product, according to the Hellenic Statistical Authority (ELSTAT).
The Greek GDP declined 0.7% compared to the same period in 2015. A new assessment will...
Economy
Greek Unpaid Debt to State Funds at 50% of GDP
Overtaxed Greek citizens are having difficulty meeting their obligations with the Greek tax department. In May, taxation and businesses, according to data released by the General Secretariat of Public Revenue, left 1.25 billion euros worth of unpaid taxes. Overdue...
Economy
Greek Stats Agency Shows GDP Shrinkage, But Slight Rise in PPI
The Hellenic Statistical Authority (ELSTAT) released its seasonally adjusted data that shows a shrinkage in the Greek GDP by 1.4 percent in the first quarter of 2016 compared to the same period in the previous year and a decrease...
Business
Greek Stats Show Drop in GDP as Eurostat Average Rises
The Hellenic Statistical Authority (ELSTAT) announced the Gross Domestic Product for the 1st Quarter of 2016. Flash estimates show that available seasonally adjusted data indicate that in this period, the Gross Domestic Product (GDP) in volume terms decreased by...