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  1. Industrial turnover drops by 7.9 pct in November
    Photo by MacroPolis

    EconomyMacroeconomy

    a drop of 7.4 percent in October, Hellenic Statistical Authority (ELSTAT) data published on Monday... sharply by 17.3 percent. The drop in the domestic market was driven by mining and quarrying turnover dropping by 12.3 percent while manufacturing fell by 1.8 percent. In the non-domestic market, the drop

    3%

  2. Greek hotel industry reports COVID-19 related losses of half a billion to date
    Photo by MacroPolis

    EconomyFeatures

    hotels had been pressured to drop prices by tour operators, with an average reduction of 30 percent... hotels estimated that their turnover would drop by 51 percent in 2020 based on room rates... hirings with an average drop of 48 percent anticipated. The survey highlighted that the coronavirus

    3%

  3. Industrial turnover drops by 35.4 pct in April, hitting series low
    Image via www.viohalco.com

    EconomyMacroeconomy

    Greece’s industrial turnover fell by 35.4 percent year-on-year (YoY) in April compared to a drop... percent noted in January 2009. The monthly performance was led by a 35.5 percent drop in manufacturing... percent. The drop in the domestic market was driven by a fall in manufacturing of 35.4 percent, while

    3%

  4. Industrial turnover drops by 15.1 pct in August as manufacturing slows
    Photo by MacroPolis

    EconomyMacroeconomy

    to a sharper drop of 16.2 percent in July, Hellenic Statistical Authority (ELSTAT) data published on Tuesday... performance was led by a 15.3 percent drop in the manufacturing index. The turnover index in mining... the turnover in the domestic market fell at a sharper rate by 18.8 percent. The drop in the domestic

    3%

  5. Newsletter 294 - 23/04/2021

    Newsletters

    . Reducing the tax advance and tax rates will cost the budget 900 million this year and will drop... in February was led by a 18 percent drop in the mining and quarrying index The reading is the 13th straight... percent from a year earlier in February, compared with a revised drop of 12.3 percent in January

    3%

  6. BoG report highlights need for programme implementation, political consensus
    Photo by MacroPolis

    Economy

    property. The key conditions for strong growth rates, according to the BoG, involve restoration... to a strong carry over effect from this year. The economic activity in 2016 mostly depends... a strong signal of confidence being restored as well as attracting sources of revenue for modernsing

    3%

  7. Car sales surge for second straight month, rising by 33 pct in May
    Photo by David Rankin https://flic.kr/p/AntsE2

    EconomyMacroeconomy

    in May following a strong rise of 24.5 percent in April, according to Hellenic Statistical Authority... reading since June 2010. The strong growth rates recorded in the last two months are attributed... make up more than 88 percent of percent of road motor cars. Following the strong rebound in the last

    3%

  8. IMF’s independent evaluation office identifies mistakes and challenges in Greece’s first programme
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyProgramme

    and European partners and institutions that took place before March 2010. The strong objection from the ECB... that with strong action Greece would be able to manage the crisis successfully without debt restructuring, while.... In specific, despite an initial strong performance, the programme went off track in 2011 amid

    3%

  9. PMI slows to 52.9 pts in April, sector confidence hits all-time high
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    intermediate goods. New orders rose for the ninth month in a row, driven by strong demand and new... was slower than in previous months. Although orders softened, hiring continued at a strong pace..., business confidence hit a new survey high in April with improving financial conditions and strong

    3%

  10. How Greece's electoral map changed radically over 10 years
    Photo by MacroPolis

    Agora

    strong showing among those over 50 with a 27 percent share, followed by PAOK with 19 percent and SYRIZA... employees and the self-employed. ND had a strong showing among farmers and housewives. With Greece having... translated into a strong rejection of SYRIZA across society. It was predictable that the pledges Tsipras made

    3%