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Economy

Debit card use in Greece skyrockets after 2015 capital controls

Electronic transactions in Greece have skyrocketed since the imposition of capital controls in late June 2015, with contact-less transactions recording the most impressive increase. Over the 2014 to 2016 period, transactions via POS terminals increased by a whopping 136 percent; debit card use was up by a stratospheric 391 percent. Debit…

Greek industrial production up by 2.2% during December

Greek industrial production rose 2.2 pct in December 2016, for a 2.3 pct average rise in 2016, Hellenic Statistical Authority said on Thursday. The statistics service, in a report, said that manufacturing production fell 1.9 pct in December…