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  1. Industrial turnover drops by 16.2 pct in July as manufacturing slows
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyMacroeconomy

    Greece’s industrial turnover fell by 16.2 percent year-on-year (YoY) in July compared to a drop... by a 16.5 percent drop in the manufacturing index. The turnover index in mining and quarrying rose by 9.7... in the domestic market fell by 17.8 percent. The drop in the domestic market was driven by a fall

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  2. Apartment prices down 9.2 pct in Q3 as lifting of foreclosure ban mulled

    EconomyMacroeconomy

    , the drop in apartment prices accelerated from a mid-single digit level in 2010 and 2011 to a low double-digit number as of 2012 with no signs of stabilisation at the moment. New (up to five years old) apartments, particularly in Athens, are those mostly hit. The respective drop in the transaction-related

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  3. Loan rates rebounded in July, deposit rates continued heading south
    Photo by MacroPolis

    EconomyMacroeconomy

    percent in July, according to the Bank of Greece (BoG). The year to date drop stands at 54 bps... narrowed by 6 bps to 1.45 percent in July from 1.51 percent in June, with the year to date drop...’ sectors from June backwards, which now show that the average loan rate drop in June stood at 27 bps

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  4. Athens expects emergency economic measures to contain 2020 contraction to 4.7 in baseline
    Photo by MacroPolis

    Economy

    on Greece’s external sector then the output drop in 2020 will reach 8 pct. It is worth noting that had... economic collapse. Private consumption is expected to drop by 4.1 pct, while public spending will rise... and the external environment deterioration will get reflected on a 19.2 pct drop in exports of goods

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  5. GDP falls by 14 pct QoQ in Q2 and by 15.2 pct YoY to reach historic low
    Photo by Manolis Tsafos/Fosphotos

    EconomyMacroeconomy

    to a milder drop of 0.6 percent in Q1. Household expenditure fell by 11.3 percent, while general... to drop by 4.1 percent in 2020 and public consumption is seen as rising by 1 percent. Final consumption represents the majority of GDP, making up around 94 percent of the total figure in Q2

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  6. Newsletter 262 -04/09/2020

    Newsletters

    . General government consumption fell by 3.2 percent YoY. The breakdown of the drop in export goods... expenditure edged down by 9.3 percent QoQ compared to a milder drop of 0.6 percent in Q1. Household... the coronavirus outbreak. PMI up to 49.4 points in August Employment rises as manufacturers resume

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  7. Draft budget sees EU funds fuelling recovery of 7.5 pct in 2021, after 8.2 contraction this year
    Photo by MacroPolis

    EconomyMacroeconomy

    will drop by 4.7 pct, taking the unemployment rate up to 18.6 pct. For next year, the Finance... Programme of 2020. Following the sharp drop of 15.2 pct in the second quarter of the year, the Finance Ministry expects the third quarter to drop by circa 10 pct on an annual basis in the third quarter

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  8. Newsletter 277 -11/12/2020

    Newsletters

    the need for these employees to be on the payroll and allows up to 30 pct of the workers to be employed... in five out of six underlying subcategories. The biggest decrease came from tax refunds with a drop... in October and made up 18.1 percent of the total. The stock of gg guarantees fell by 15 million compared

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  9. Samaras ratchets up tension in clash with SYRIZA over violence
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    member murdering rapper Pavlos Fyssas last month, Samaras’s decision to turn up the heat under

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  10. Tourist arrivals in Greece up 18.7 pct in 2013 but lower average spending points to missed potential
    Photo by MacroPolis

    Economy

    of foreign arrivals per country indicates that Germany ranked first in 2013 with 2.27 million tourists up

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