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  1. Rate of drop in apartment prices picks up again in Q2

    EconomyMacroeconomy

    After decelerating in the preceding seven quarters, the drop in Greek apartment prices accelerated... by more than 20 percent each year from 2008 until 2014. The biggest drop was recorded in 2011 when appraisals fell by 42.5 percent and a similar drop was posted by volume and value at 39.8 and 40.1

    43%
  2. Greece's labour market is austerity's biggest casualty

    Agora

    a wealth effect. Changing the economic model built up over decades does not happen overnight and while.... The lion’s share comes from construction that has lost 159,000 jobs, a staggering 43.8% drop... and retail trade with 127,000, a 16% drop. The fourth and first quarters of each year are traditionally

    42%
  3. PM trails national recovery plan ahead, talks up growth prospects

    PoliticsGreek Politics

    economic model, to guide the economy towards a more extrovert, competitive model, with a more effective... through the banks, with the aim of financing private sector projects up to the tune of 50 pct

    41%
  4. Producer prices drop by 7.1 pct in 2023, non-durables up by 6 pct in Dec
    Image via www.moh.gr

    EconomyMacroeconomy

    , intermediate goods decreased by 1.9 percent, capital goods were down 1.9 percent, durables up by 2.7 percent

    38%
  5. Can the Green Transition be just?
    Photo by MacroPolis

    Agora

    , leading to a significant drop in emissions. Figure 3: The evolution of emissions from the electricity..., at least initially, was set up to be independent of the ETS-1 with distinct carbon prices... by soaring fossil gas prices, puts forward a specific model of resource use. The energy crisis bore

    37%
  6. Drop ‘til you shop
    Photo by MacroPolis

    Agora

    businesses said they do not hire any extra staff to work on Sundays. This seems to back up the fears... magnets for consumers who end up spending their money on food or drink instead. This is one..., started producing import substitutes? Have we shifted away from a business model based around selling

    37%
  7. New asylum law comes up against old failings
    Photo by MacroPolis

    Agora

    as temporary homes for up to 400 people are neatly stacked and flanked by paved pathways and well-maintained... to come up with patchwork solutions under great pressure over the last few years. In “The Unsettling... that if it is a complex case, requiring more time for investigation, the process can take up to six months. Appeals

    37%
  8. OECD forecasts unemployment increase into 2021
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    are lower than the OECD average, which sees an average drop in GDP of 7.5 percent under the single hit... in jobs classified as unstable made up more than 10 percent of all jobs in Greece against an average... is the harshest, anticipates a GDP drop of 10 percent this year with subsequent job losses of 192,000

    37%
  9. Newsletter 259 -24/07/2020

    Newsletters

    which it hopes will help Greece recover from what is shaping up to be a considerable economic blow... billion euros of this money. The breakdown for Greece will see Athens having access to up to 38 billion... transition and digital transformation, two areas that Mitsotakis has already highlighted as being high up

    36%
  10. Govt calls on local businesses and banks to free up capital for investment
    Photo by MacroPolis

    PoliticsGreek Politics

    ”. He added that Greece should be able to make up by the end of 2022 the ground it lost due... pct, as promised in the run-up to the 2019 elections). Of course, the public’s expectations have... evidence that it can back up its claim of making the country more attractive for foreign capital

    35%