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A macroeconomic assessment of the Cypriot economy after the haircut
Agorato lower production costs for tradeables and non-tradeables and to a fall in prices of final goods... of lower income levels sinks in, while past savings decumulate, the fall in consumption will be more... higher. Indeed, a fall in the long-run saving rate has likely been one of the major effects
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Greece seen having older and much smaller population by 2060
SocietyGreece’s population is projected to fall by almost a quarter by 2060, to as low as 8.6 million... demographic, whose share will fall from 14.6 to 12.9 percent. The population share of the 65–79 age group..., those aged 15–64, will fall almost 11 points to 54.2 percent. The projections in the report show
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Greece near top of EU charts for proportion of population over 65 and 80
Society, the EU’s 2015 Ageing Report said Greece’s population is projected to fall by almost a quarter by 2060...). The ageing of Greece’s population is due to people living longer as well as a fall in birth rates... were proportionately less likely at to fall into this category. Only in Ireland (18.5 point difference
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Greek PMI rises to 49.6 in May as uncertainty continues to impact
EconomyMacroeconomymonth and was fractional overall. A further fall in new orders, which led to a drop in output.... The decline was registered across both the domestic and foreign goods markets. Due to a fall in new... into a further fall in pre-production inventories. Unfinished work fell to a weaker extent than
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General govt primary cash surplus at 4.51 bln in eight-month, arrears increase to 6.03 bln
EconomyMacroeconomyto 49.12 billion euros. As with previous months, the main factor behind this fall was a 39.1 percent... behind this was a combination of a fall in social benefits (-752 million), purchase of non financial... that the figure has fallen below the 50-billion euro mark. The driving factor behind the fall
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Office prices slip by 0.7 percent in first half of 2017
EconomyMacroeconomysemester. A fall of 0.2 percent was registered for the rest of Greece when compared to H2 2016. Overall... declined at an average annual rate of 0.3 percent in 2016. The fall in 2015 came to 1.5 percent... 2017 compared to the previous semester, the sharpest fall since H2 2015. The growth of 0.3 percent
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General govt primary cash surplus at 7.15 bln in Nov, arrears reduced further
EconomyMacroeconomy-on-year to 70.31 billion. A 32.2 percent fall in transfers was the main factor behind the decline.... This was driven by a combination of a fall in social benefits (-780 million), the purchase of non-financial... the 40-billion mark for a second month this year. The fall originates almost entirely from a fall in Emergency
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Industrial production falls by 2 pct in February
EconomyMacroeconomyfall in January, Hellenic Statistical Authority (ELSTAT) data revealed on Thursday. February’s... consistently positive. The movement in the overall index was driven largely by a 12.7 percent fall in the mining and quarrying production index, along with a 6.1 percent fall in the electricity production
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Newsletter 181 -2/11/2018
for the contributions to be reduced by a third. They will fall from 20 percent to 13.3 percent as of January 1... a fall of 3.8 percent in taxes on income and wealth, along with a smaller fall in social... increased from foreign markets, though the fall in factory gate charges was marginal overall. Output
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Newsletter 191 -25/01/2018
. Greece’s last bond issue came in February 2018. Report reveals fall in pensions spending November... claiming pensions year-on-year, with a corresponding fall of 21.6 million euros in pensions amounts... pensions (40.4 percent of all main pensions) concern pensions which fall below the 500-euro mark
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