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Travel surplus rises by 10.4 pct in H1, German visitor numbers and receipts drop
EconomyMacroeconomya 3.6 percent drop in foreign arrivals. The average expenditure per trip rose by 10.3 percent... of all trips by foreigners in Greece were for personal reasons, up slightly from 92 percent in 2018... through road border crossings dropped by 12.7 percent. Visitors from within the EU 28 made up 62.8
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CPI slows to 9.1 pct YoY as electricity and natural gas prices drop MoM
EconomyMacroeconomy, after increasing by 2.9 percent in September. This is the third monthly drop in the last four months. In October 2021, the CPI was up by 3.4 percent YoY. The prices index was in deflation for the 12...-restaurants and 2.5 percent rise in recreation. These were partially offset by a drop of 2 percent
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Opinion polls show drop in support for ND, continuing concern about inflation
PoliticsGreek Politicson Thursday evening as it showed a significant drop for Prime Minister Kyriakos Mitsotakis’s centre-right... of the movements that have taken place over the last month as its support went up from 5.9 pct to 6.6 pct.... Their support went up from 2 to 2.4 pct. Mitsotakis’s personal popularity does not seem to have been
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Retail sales resume growth of 1.7 pct YoY in Sep, volumes drop for three straight months
EconomyMacroeconomypercent, after a 0.8 percent drop in the previous month. The volume’s monthly movement was up by 1.5...), after a drop of 1.7 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Friday... in volume data dissipated, with fuels up by 4.9 percent, a 0.4 percent rise in foods and non-food
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Retail sales growth slows to 4% YoY in Apr, volumes drop as fuel consumption decreases
EconomyMacroeconomy(ELSTAT) data released on Tuesday showed. The corresponding volume index had a marginal drop of 0.1..., automotive fuel was up sharply by 10.4 percent, non-food decreased by 0.8 percent and food sales rose by 7.1 percent. Supermarket sales rose by 7.2 percent and food and beverages were up by 6.8
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Producer prices soar by 43 pct YoY in May, but see first monthly drop since Aug 2021
EconomyMacroeconomy, with one more explosive rise in May, shooting up by 43 percent year-on-year (YoY), having jumped... of 2020, and up until March 2021, when it grew annually by 9.1 percent. It has been growing ever... of 2.5 percent in April. This is the first monthly drop since August last year. The rise
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APS bill tabled, allowing use of 12 bln in state guarantees to reduce NPLs
EconomyBankingbanks clean up their balance sheets is a few steps away from coming into effect after the Finance.... At this stage, the Greek state is to offer up to 12 billion euros of state guarantees for an initial period of 18 months. This can be extended by a ministerial decision. The scheme replicates the Italian model
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Newsletter 411 - 09/02/2024
the possibility of top-flight foreign institutions setting up chapters in Greece, pointing to the model... to dissuade farmers from scaling up their protests fell through this week, while the European Parliament also... to step up their protests following a meeting in central Greece. The agricultural sector workers were
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Greek industrial turnover posts rise of 1.8 pct in September after earlier drop
EconomyMacroeconomypercent drop in August, according to the Hellenic Statistical Authority (ELSTAT). Note that historical... (+1.7 percent), while the industrial turnover for the euro area countries was marginally up by 0.2..., capital goods and consumer non-durables recorded a drop of 5.6, 3.3 and 0.7 percent respectively
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Drop in corporate loan rates led the average loan rate at a new historic low
EconomyMacroeconomyconsiderable drop by 52 bps to 5.59 percent for loans up to 250,000 euros. For higher loan amounts... on new deposits eased by 1 basis point (bp) to 1.09, largely reflecting a 5 bps drop... percent. The interest rate in loans to sole proprietors slipped by 8 bps to 7.65 percent. The drop
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