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  1. Newsletter 281 -22/01/2021

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    million, which took the overall travel balance to 3.51 billion, reflecting a fall of 77.2 percent YoY... percent. The drop in the domestic market was driven by a fall in manufacturing by 5.4 percent

    6%

  2. Travel balance falls by 97.3 pct in December, 76.5 pct in 2020
    Photo by MacroPolis

    EconomyMacroeconomy

    to 12.9 million euros. Receipts from travellers within the EU but not euro-denominated showed a fall... to 3.51 billion euros, reflecting a fall of 77.2 percent YoY. Average expenditure per trip rose

    6%

  3. GDP falls 8.2 pct in 2020, but rises 2.7 pct QoQ in Q4
    Photo by MacroPolis

    EconomyMacroeconomy

    in 2019, GDP dropped 7.9 percent, following a YoY fall of 10.5 percent in Q3. ELSTAT also released... that for the year, the GDP contraction was driven by a 21.7 percent fall in exports and a 3.4 percent

    6%

  4. General govt primary cash deficit at 720 mln in January, as social security funds start year in deficit
    Photo by MacroPolis

    EconomyMacroeconomy

    was noted in social security funds (SSFs) with a fall of 434 million euros from a year earlier..., the state budget primary balance showed a fall of 1.25 billion euros, landing at a deficit of 759 million

    6%

  5. General govt primary cash deficit at 1.99 bln in February; arrears jump
    Photo by MacroPolis

    EconomyMacroeconomy

    year-on-year (YoY) decline was noted in social security funds (SSFs) with a fall of 773 million... euros YoY. Overall, the state budget primary balance showed a fall of 2.45 billion euros, landing

    6%

  6. Travel balance falls by 89.3 pct in February
    Photo by MacroPolis

    EconomyMacroeconomy

    -denominated showed a fall of 76.2 percent to 3.3 million euros. Receipts from non-EU countries decreased... percent to 38.9 million, which took the overall travel balance to 10 million, reflecting a fall of 94.1

    6%

  7. General govt primary deficit at 3.87 bln in March; spending soars
    Photo by Damian Mac Con Uladh

    EconomyMacroeconomy

    ) with a fall of 507 million euros from a year earlier, bringing the total for the month to a deficit... funds deteriorated by 359 million euros YoY. The state budget primary balance showed a fall of 4.13

    6%

  8. Rise of property prices continues with 4.6 pct increase in Q2
    Photo by MacroPolis

    EconomyMacroeconomy

    , and they increased by 2.6 percent in other areas of Greece, after a 0.6 percent fall in Q4. Apartment prices in Greece began to decline in the first quarter of 2009. The biggest annual fall was posted

    6%

  9. Opposition renews attack on government over hospital capacity
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    to fall but hospitalisations continue to surge. In a heated debate in Parliament on Wednesday... that the wave has now crested and that the fall in infections will lead to a de-escalation in hospital

    6%

  10. Manufacturing slips into contraction for first time since early 2021 as PMI drops by 2 pts in July
    Photo via https://flic.kr/p/N3FV1

    EconomyMacroeconomy

    in the sector. The decline captured the second continuous monthly fall in output, marking the sharpest... of inflation on customer spending continued to hamper new sales, as the sharp fall in new orders fed through

    6%