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Is Greece on track to decouple from fossil gas?
Agorasustainability of the country's energy model. LNG terminals Firstly, the plans regarding at least two new.... Therefore, there is a serious risk that the planned new LNG infrastructure will end up being stranded... production will drop from 14.6 TWh in 2023 to 11.7 TWh in 2030. With such a limited use of gas
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General gov't primary cash surplus up to 5 bln in 2016, arrears fall by 1.1 bln in Dec
EconomyMacroeconomy, while compensation edged up by 141 million. In addition, interest payment fell by 430 million to 5.26 billion. Social benefits of 40.1 billion euros holds the lion’s share making up more than half... of 2016. Specifically, arrears peaked at 7.41 billion last June and have recorded a cumulative drop
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Bank of Greece sees 0.5pct growth in 2014 but warns of political risks
EconomyMacroeconomypercent. The recovery is attributed to a deceleration of the drop in consumption due to a slower.... The highest increase in the first half of the year was recorded in corporate loans, up by 5.8 pp to 29.2 percent, followed by consumer credit (up 5 pp to 43.8 percent) and housing loans (up 2.6 pp to 24
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Banks saw asset quality and liquidity trends improve in Q4 but process interrupted in 2017
Agoraof sharp drop in impairment losses, cost containment, modest net interest income (NII) growth... percent, while the cash coverage ratio edged up to 69.5 percent. As expected, the NPE pile fell... stayed almost flat QoQ in Q4, while the full year figure edged up 0.9 percent. The NII performance
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Greek industrial production on the up again in November, rising by 2.3 pct
EconomyMacroeconomya downward revised 0.4 percent drop in October, according to the Hellenic Statistical Authority (ELSTAT... was posted by mining and quarrying production (up 13.2 percent), followed by manufacturing (up 5.5 percent) and water supply production (up 3 percent). In contrast, electricity production continued heading
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Import price index up by 24.2 pct in Sep, as energy rises 48.6 pct
EconomyMacroeconomylast year at 23.6 percent. Month-on-month, the index posted a drop of 2.2 percent. It has been... of 360.5 percent YoY, followed by manufacture of refined oil products up by 53.5 percent... increase. The monthly movements were led by a 10.1 percent drop in electricity and gas, followed
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Drop in CPI slowed to 0.7 pct in June
EconomyMacroeconomyΤhe Greek Consumer Price Index (CPI) fell by 0.7 percent in June after a 0.9 percent drop in May...), while prices in alcoholic beverages and tobacco edged up by 1.4 percent in June. The comparison... straight year. It declined by 1.7 percent compared to the drop of 1.3 and 0.9 percent posted
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Travel balance rises 15.7 pct in June, aggregate visitors drop 0.5 pct
EconomyMacroeconomymillion arrivals made by SETE. Early in 2019, the INSETE noted that tourist arrivals could drop by up... from Russia edged up by 0.5 percent, and US visitors rose at a stronger pace and increased by 21.4... regional airports which accounted for 79 percent of tourism revenue in 2018, a drop of 7 percent
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Car sales drop by 80.6 pct in April
EconomyMacroeconomyup of motorcycles (988), lorries (842), and buses (109). Passenger cars accounted for more than 75... vehicles, registering a drop of 37.6 percent. Passenger car sales fell by 32.3 percent in the aggregate period, totalling 43,037. The remaining sales in the first four months were made up of lorries (7,756
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Drop in energy prices bring import index down by 5.5 pct YoY in Oct
EconomyMacroeconomy-on-year (YoY), after a 10.6 percent drop in the previous month, according to data released by the Hellenic.... Month-on-month, the index also increased by 2.3 percent, from a drop of 2.9 percent in the previous... by electricity with a 9.2 percent rise, tobacco prices were up by 8.1 percent and refined oil products
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