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  1. Newsletter 217 -02/08/2019

    Newsletters

    -bills, which closed 2018 with a yield of more than 1 percent, to drop under 0.5 percent in the latest... as April when the downward revised drop came to 1.9 percent, Hellenic Statistical Authority (ELSTAT) data... fell by 2.4 percent from a downward revised drop of 2.6 percent in April. As with the sales index

    5%
  2. CPI remains static in July
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) remained static in July following a drop of 0.3 percent in June... percent drop in the price of household equipment, mainly led by a fall in the price of furniture, household appliances and textiles. This was followed by a 1.7 percent drop in recreation and culture, a 1.1

    5%
  3. Curr​ent account balance shows surplus of 1.87 bln in August
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    came to 2.33 billion euros, against 2.52 billion in August last year, showing a drop of 7.5 percent. At the same time, total imports reached 4.20 billion euros, from 4.46 billion euros last year, a drop...' external assets due to a drop of 1.2 billion in residents' holdings of foreign bonds and T-bills

    5%
  4. General govt primary cash surplus at 9.45 bln in Dec, arrears fall by 195 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    which came to 6.99 billion and showed a drop of 337 million. Interest paid fell by 262 million euros to 4.56 billion euros. A small drop of 23 million euros was seen in social benefits, which came... refunds with a drop of 113 million euros. This was followed by hospitals (-61 million), SSFs (-54

    5%
  5. Industrial production declines by 4.5 pct in Dec
    Image via www.viohalco.com

    EconomyMacroeconomy

    compared to a revised downward drop of 9 percent in November, according to Hellenic Statistical...-on-month (MoM), the index increased by 5.5 percent after a drop of 5.5 percent in November. The decline... was driven by a 11.5 percent fall in the mining and quarrying index, along with a drop of 5.8 percent

    5%
  6. Newsletter 239 -14/02/2020

    Newsletters

    -on-year (YoY) in December compared to a revised downward drop of 9 percent in November, according... was driven by a 11.5 percent fall in the mining and quarrying index, along with a drop of 5.8 percent... after a drop of 5.5 percent in November./span> Building permits up by 12.4 pct in Nov Permits show

    5%
  7. Gathering signs of coronavirus impact on growth expectations
    Photo by Alex Proimos via Flickr https://flic.kr/p/bt29wL

    Economy

    in the balance of goods, including tourism related services, and a drop in private consumption. “Based... during the second quarter of the year. Should this manifest, the subsequent drop in tourism revenue...) released a statement advising steps to deal with the drop in bookings and rise in cancellations

    5%
  8. General govt primary cash surplus at 899 mln in January, arrears rise by 38 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    euros was seen taking the total to 249 million euros. In other revenue, a drop of 10 million euros... million euros to 147 million euros. Interest paid and subsidies both rose by 12 million euros. A drop... decrease came from tax refunds with a drop of 55 million euros. This was followed by hospitals (-12

    5%
  9. Unemployment at 16.4 pct in January
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    -on-year. Broken down by age group, the largest annual drop in unemployment was seen in the 15-24 years.... The smallest drop in unemployment was noted for those aged 55-64, where an annual drop of 0.4 pps was noted

    5%
  10. IMF sees 2020 GDP contraction at 10 pct, budget deficit at 9 pct due to virus impact
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    is on course for an estimated drop of 7.5 pct, according to the IMF, which expects a recovery of 4.7 in 2021. In the last quarter of the year, eurozone GDP is expected to drop by 5.9 pct. In terms of the worst hit countries from the pandemic in Europe, Italy’s GDP will drop by -9.1 pct this year, Spain

    5%