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Investment: The forgotten casualty of the Greek crisis
Agora. The scale and degree of acceleration in the drop of investments during the crisis is apparent when compared... investment spending. Other construction also had a significant drop of 30 percent since its 2003 peak... casualty with a drop of 71 percent since the 2007 high, with just 3.4 billion spent. Its share
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Trade deficit drops 5.1 pct in January, exports down 8.1 pct
EconomyMacroeconomydecline in January reflects a drop in exports and imports by 8.3 and 7 percent respectively. For exports... percent drop posted in December. Similarly, imports decreased for the ninth successive month, yet the January rate was slightly lower than the 7.9 percent drop recorded in December. In absolute terms
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Newsletter 66 - 11/03/2016
2012. Consumer prices drop The Consumer Price Index (CPI) fell by 0.5 percent in February after a 0.7 percent drop in January. However, the harmonised index of consumer prices (HICP) rose by 0.1 percent in February, which is the second positive reading in the last three months. The drop in February’s
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Current account deficit jumps to 742 mln in January
EconomyMacroeconomyin the C/A balance by 461 million euros year on year (YoY) largely reflects a sharp drop...’ deficit mostly stems from a higher drop in imports (-14.3 percent) compared to that of exports (-9.4... to 161.1 million euros on the back of a 7.8 percent drop in non-residents’ arrivals by 9.3 percent
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Greece’s dramatic year reflected in ATHEX 2015 results
Economythe year, the extended bank holiday and capital controls which contributed to a 23.6 percent drop in the Athens Exchange General Index, a 39.4 percent drop in trading by value, and a 36.9 percent drop
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Wages index edges up 0.4 pct in Q4 of 2015
EconomyMacroeconomyafter a revised drop of 0.5 percent in Q3, according to Hellenic Statistical Authority (ELSTAT... has dropped by 26.5 percent. For the private sector, the notable drop over this 5-year period...) and administrative and support service activities (+11.6 percent). In contrast, three sectors showed a drop
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Newsletter 69 - 08/04/2016
drop in the number of refugees and migrants reaching Greece last week, with less than 100 arrivals one.... The January rise reflects a drop in the number of employed to 3.61 million and an increase... in February following an increase in imports by 1.9 percent and a drop of 7 percent in exports, which have
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Current account deficit narrows by 45 pct to 804.3 mln in Feb
EconomyMacroeconomythat the drop in the goods’ deficit is attributed to a higher decrease in imports (-7.8 percent) compared... to 133.7 million largely due to a double-digit drop in non-residents’ arrivals by 14.9 percent...-residents’ arrivals by 11 percent. However, the higher drop in the corresponding payments resulted
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Newsletter 71 - 22/04/2016
be in line with the government figure for this year and gradually drop to the IMF proposal by 2018... a double-digit decline in the last nine months. February’s nosedive came following a drop of 15.4... by a 13.5 percent decline in capital goods. Manufacturing turnover saw a drop of 15.4 percent. 2
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Disposable income edges up by 0.2 pct in Q4 on second straight rise in compensation of employees
EconomyMacroeconomyfrom a revised drop of 2.8 percent in Q3, Hellenic Statistical Authority (ELSTAT) figures showed... or 35.5 percent over the last six years attributed to the direct and indirect impact from a sharp drop... implying a drop in excess of 26 percent. The fall in taxes on income and wealth notably accelerated
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