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  1. Tourism accounts for 27.3 pct of Greek GDP in total, study shows

    EconomyFeatures

    , with the report estimating that the total employment at the height of the tourism season (Q3 2017) came to around 630,000 people or 16.9 percent of total overall employment. Factoring in the industry’s... percent. The average expenditure per night also increased by 1.1 percent to 67.7 euros.

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  2. Newsletter 235 -17/01/2020

    Newsletters

    . If this is replicated in the full assembly next week, the bill will only attract a total of 168 votes. New Democracy.... In December 2018, the annual change was 4.1 percent. A total of 11,129 new and used vehicles went..., reaching 7,246 vehicles. The aggregate figures for the year 2019 showed that total vehicle sales increased

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  3. Eurosystem funding falls by 978 mln in Nov, banknotes increase for fourth month
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , the Bank of Greece's (BoG) monthly financial statement has revealed. As of the latest month, the total... the total to 9.52 billion. The fall this month in Eurosystem funding reverses an increase in funding of 974... of total liquidity at 77.8 percent, having overtaken ELA funding in April of this year. In November

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  4. Q2 GDP contraction at 0.3 pct, strong Q3 needed to achieve target of annual growth
    Photo by MacroPolis

    EconomyMacroeconomy

    prices fell 2.2 percent in H1, while the respective figure in real terms rose by 1.1 percent... period. Total imports increased at an accelerating pace by 4.6 percent in Q2 from 2.2 percent in Q1... (Q2) of 2014 from -1.1 percent in Q1, according to the provisional data published by the Hellenic

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  5. Newsletter 218 -06/09/2019

    Newsletters

    a downward revised rise of 1.1 percent in Q1, provisional estimates from the Hellenic Statistical Authority (ELSTAT) revealed this week. The YoY GDP growth was primarily driven by a 1.1 percent rise... consumption represents the majority of GDP, making up around 89 percent of the total figure in Q2

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  6. Drop in Greek CPI decelerated to 1.1 pct in September

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) remained on negative ground in September, easing by 1.1 percent compared to a 1.3-percent drop recorded in August. On a monthly basis, CPI rose by 2.6 percent... and -0.4 percent respectively) turning positive in the next two years at 0.6 percent in 2015 and 1.1

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  7. Eurogroup clears 1.1 bln, waits for arrears clearance data to release remaining 1.7 bln

    EconomyProgramme

    The Eurogroup held in Luxembourg on Monday afternoon reached a political decision on the disbursement of 1.1 billion euros to Greece, which is the part of the sub-tranche of 2.8 billion... the way for the disbursement of the 1.1 billion for debt servicing needs. The head of the European

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  8. CPI up by 1.1 pct in Sept for highest rise since Nov 2017
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) rose by 1.1 percent in September after an increase of 1 percent in August Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. After four years.... The harmonised index of consumer prices (HICP) rose by 1.1 percent year-on-year in August. Month-on-month

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  9. Greek economy contracts 0.9 pct in Q1, slowest pace since Q1 2010

    EconomyMacroeconomy

    tourism season this year. Total imports rose 2.2 percent in Q1 reflecting a broadly similar increase... the flash estimate of -1.1 percent released on May 15. Greece has experienced negative growth since... quarter. In addition, Q1 GDP contracted at the slowest pace since Q1 2010, when it had eased 1.1 percent

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  10. Q4 GDP contracts 1.2 pct QoQ, leading to recession of 0.1 pct for 2016
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The provisional estimates also showed that GDP fell by 1.1 percent year on year (YoY) in Q4 after strong growth... to the corresponding period last year, private consumption rose 1.1 percent in Q4 after a much stronger... percent QoQ and 2 percent YoY leading final consumption expenditure down 1.1 percent QoQ and up 0.6

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