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  1. Newsletter 108 - 24/02/2017

    Newsletters

    , but reports have suggested that this may drop to around 1.5 percent of GDP, bringing the total down.... The drop in full-year receipts fully reflects a reduction in the average expenditure per trip by 11.3... reflects a significant drop in the services surplus by 1.61 billion and, to a lesser extent

    3%
  2. Eurosystem funding falls by 2.2 bln in March, ELA drops after brief rise in Feb

    EconomyMacroeconomy

    , falling by 2.2 billion following a slower drop of 1.13 billion in the previous month, Bank... in March after a similar drop of 1.46 billion in February and settled at 17.31 billion at the end... programme was agreed. Around two thirds of that drop (44.4 billion) relates to lower dependence

    3%
  3. Newsletter 115 - 21/04/2017

    Newsletters

    to 21.9 percent, from 21.5 percent previously, and expects the jobless rate to drop further to 21... payments, this figure increased by 929 million. The sharp drop in March expenditure led the Q1 figure up... deficit by 189.8 million and a drop in the primary income surplus by 146.1 million, which more than

    3%
  4. General govt primary cash surplus falls to 1.2 bln in Q1, arrears edge down to 5.05 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , mostly due to a sharp drop in transfers by 1.55 billion to 1.43 billion, while taxes also declined... fell by 573 million to 18.11 billion euros, largely due to a drop in social benefits by 559 million... drop from the previous month fully reflects a decline of 136 million in tax refunds and of 64 million

    3%
  5. Tourism could give economy annual 5 bln boost, NBG report finds
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyFeatures

    . Employment in the tourism sector grew by 7 percent between 2008-2016 versus the 23 percent drop.... With around 60 percent of these visitors staying in hotels, this rise comfortably offset the drop... conditions of 2015 also led hoteliers in Greece to drop their rates under pressure from travel agencies

    3%
  6. Eurosystem funding drops by 3.9 bln in July on big decline in ELA
    Photo by Kiefer via Flickr https://flic.kr/p/q2j8Dt

    EconomyMacroeconomy

    . The month-on-month decline is the most substantial for the year so far and surpasses the drop in June... in the Emergency Liquidity Assistance (ELA) funding by 3.37 billion, the largest drop since June 2016... be reduced further by 1.6 billion euros to 38.9 billion. The drop reflected “developments in the liquidity

    3%
  7. Newsletter 138

    Newsletters

    to stand at 4.49 billion. The drop reflects the government’s recent drive to clear arrears as part... confidence was also reported as having improved to a three-and-a-half year high. 2 Retail sales drop by 0.3... in September, European Commission (EC) figures revealed. October’s figure represents a drop of 2.3 points

    3%
  8. Building activity drops by 3 pct in September, permits increase above 1,000
    Photo by MacroPolis

    EconomyMacroeconomy

    Building permits declined by 3 percent in September, easing from the drop of 5.2 percent noted... the 1,000-mark once more, after August’s figure of 864, which was the first drop below this threshold...) figures showed a 0.6 percent drop in apartment prices year-on-year in the third quarter of 2017

    3%
  9. Building activity down by 6.7 pct in Dec after rising by 8.6 pct in 2017

    EconomyMacroeconomy

    issued in 2005. The most recent quarterly Bank of Greece (BoG) figures showed a 0.3 percent drop in apartment prices year-on-year in the fourth quarter of 2017. This followed a drop of 0.6 percent in Q3... in property prices came to an average drop of 1 percent, improving against the drop of 2.4 percent

    3%
  10. Building activity up by 18 pct in Jan, permits dip below 1,000-mark

    EconomyMacroeconomy

    showed a 0.3 percent drop in apartment prices year-on-year in the fourth quarter of 2017. This followed a drop of 0.6 percent in Q3. Apartment prices have been falling since the first quarter of 2009. For all of 2017, the decline in property prices came to an average drop of 1 percent, improving against

    3%