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Greek loan rates remained well above euro area average in October
EconomyMacroeconomythe 2-percent mark since Greece’s accession in the eurozone in 2002. The drop in October led the year... easing by more than 3 percentage points. Despite the sharp drop, the Greek time deposit rate still... in October, with the year to date drop close to 60 bps. On the loan front, the most important movement
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Greek retail trade turnover index declined by 3.7 pct in December
EconomyMacroeconomyvolume fell by 4.6 percent suggesting that the drop in the respective turnover is fully owed to the drop...) and furniture and electrical and household equipment (-5.1 percent) posted a drop above the headline... to the Christmas period. Only automotive fuel recorded a MoM drop in December sales by 4.3 percent, fully
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Current account deficit at 1.22 bln in Nov, down 18.6 pct
EconomyMacroeconomyof Greece (BoG) data displayed on Wednesday. The year on year (YoY) drop reflects a narrowing... percent, with exports recording a double-digit drop of 11.3 percent. The BoG said that the net oil... to 240.9 million euros despite a drop in non-residents’ arrivals by 4 percent. The jump in receipts coupled
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Newsletter 109 - 03/03/2017
. For instance, pensioners may see their incomes drop but, at the same time, the cost of their medicines... deteriorated in February. The biggest drop was posted in the construction confidence indicator (-14.4 points... Retail sales drop in December Headline figure indicates first negative reading since last August
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Industrial turnover drops by 7.9 pct in November
EconomyMacroeconomya 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
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Greek hotel industry reports COVID-19 related losses of half a billion to date
EconomyFeatureshotels 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
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Industrial turnover drops by 35.4 pct in April, hitting series low
EconomyMacroeconomyGreece’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
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Industrial turnover drops by 15.1 pct in August as manufacturing slows
EconomyMacroeconomyto 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
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Newsletter 294 - 23/04/2021
. 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
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BoG report highlights need for programme implementation, political consensus
Economyproperty. 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
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