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PMI at 50.3 in Sept after falling for six straight months, posting weakest reading in a year
EconomyMacroeconomywere in part due to lower new orders, some companies noted challenges finding skilled staff to replace... saw a notable slowdown in the pace of improvement in operating conditions as the third quarter
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PASOK sees post-leadership election boost as Androulakis unveils shadow cabinet
PoliticsGreek Politicswhich saw Nikos Androulakis confirmed as leader after a largely civilised contest. The projections... to 40 pct who say poverty numbers would be worse outside the common currency. This finding appears
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Newsletter 279 - 05/03/2021
closures dropped during the pandemic Only one sector saw an increase in the number of closures in 2020... and motorcycles” which saw 8,082 closures. Mostly this was due to it being one of the most populous sectors... of company closures in the sector actually dropped 18.9 percent. In fact, only one sector saw
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EP president visit and winding up of rail crash inquiry cast spotlight on rule of law concerns
PoliticsGreek Politicsof the lack of an opportunity to discuss the resolution on a day which saw the inquiry into the deadly... 8 to submit their findings, while investigations are ongoing by the EU prosecutor’s office
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Sharp drop of 5.3 bln for Greek ELA funding after completion of capital increases
EconomyMacroeconomyNovember saw the fastest pace of decline since July. The absolute figure landed at 113.41 billion...Greek banks’ Eurosystem funding fell by 5.98 billion euros in November following a drop by 2.01..., Eurosystem funding has been trimmed by 13.17 billion euros and largely reflects the reduced uncertainty
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Greece saw first annual deflation in almost half a century in 2013
EconomyMacroeconomyThe drop in Greece’s Consumer Price Index (CPI) decelerated to 1.7 percent in December after peaking with a 2.9 percent decline in November, according to the Hellenic Statistical Authority (ELSTAT). On a monthly basis, the CPI rose 0.9 percent for the f...
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Most Greeks saw income fall over last year, limiting purchasing power
SocietyThe results of a survey by the Labour Institute (INE) of the General Confederation of Greek Workers (GSEE), which was published on July 17, highlighted how salary earners’ purchasing power has been limited. The survey, conducted in cooperation with Alco...
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Increase in number of services that saw their turnover decrease in Q2
EconomyMacroeconomyThe evolution of turnover indices for the services sector showed a worsening performance in Q2 2014, with 10 out of the 14 types of services, or specific activities of services as they are referred to, posting a negative growth, according to the Helleni...
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Almost all services in Greece saw decline in Q3
EconomyMacroeconomyThe evolution of the turnover indices for the services sector showed a further worsening in the third quarter (Q3) of 2014 with 12 out of the 14 service activities recording a drop, according to the Hellenic Statistical Authority (ELSTAT). In the preced...
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Office prices and rents saw substantial fall in H1 2014
EconomyThe Bank of Greece (BoG) published on Monday for the first time its commercial property price and rent indices. The released data concerns office and retail price and rent levels of prime investment property and cover the period from the first half (H1)...
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