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  1. Travel receipts drop 2.4 pct in Jan following lower foreign arrivals
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    million, leading travel surplus down by 60.6 percent to 15.3 million. The revenue drop is fully due... to 13.22 billion euros. This is entirely attributed to a drop in the average spending per trip by 11.3... receipts in 2016 also reflect a drop in the average residence time from 10.7 to 7.8 days and last

    27%
  2. Marginal drop in time deposit rate, sharp decline in corporate lending rates in Feb
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    average rate of 0.43 percent. The slight drop in the time deposit rate led the weighted average rate... The floating interest rate in new corporate loans recorded a sharp drop of 72 bps, mostly reflecting... loans down by 34 bps to 4.52 percent, which indicates a record low since 2002. Overall, the marked drop

    27%
  3. E-commerce businesses report drop in sales due to Covid-19
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    prompted a sharp drop in online sales according to a new survey. The Greek E-commerce Association (GRECA... a drop in sales, the fall came to over 80 percent compared to the period before the epidemic. Sixty seven percent reported a drop in demand, 64 percent said they were having liquidity or financing

    27%
  4. Car sales drop by 50.8 pct in March
    Photo by MacroPolis

    EconomyMacroeconomy

    showed on Thursday. In March 2019, the year-on-year change showed a drop of 9.5 percent. Car sales..., registering a drop of 19.2 percent. Passenger car sales fell by 12.1 percent in the aggregate period..., the sharp drop in vehicle purchases noted in March is indicative of a general slowdown which

    27%
  5. Car sales drop by 49.1 pct in May and 34.9 pct in first 5 months
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , softening compared to a sharper drop of 80.6 percent in April, Hellenic Statistical Authority (ELSTAT) data..., registering a drop of 45.1 percent. Passenger car sales fell by 37.3 percent in the aggregate period..., the sharp drop in vehicle purchases noted from March onwards is indicative of a general slowdown

    27%
  6. Car sales drop by 24.7 pct in June and 33.1 pct in first 6 months
    Photo by MacroPolis

    EconomyMacroeconomy

    , softening compared to a sharper drop of 49.1 percent in May, Hellenic Statistical Authority (ELSTAT) data..., registering a drop of 43.6 percent. Passenger car sales fell by 35.5 percent in the aggregate period..., the sharp drop in vehicle purchases noted from March onwards is indicative of a general slowdown

    27%
  7. Hoteliers staring at big drop in turnover as liquidity calls grow
    Photo by MacroPolis

    EconomyFeatures

    that are choosing to operate this summer anticipate a drop in turnover by an average of 67 percent from 8.4... by an average of 65.5 percent, while 98 percent of hotels that operate seasonally expect the drop... expected a drop of 56.1 percent, and indicates that the summer season is looking weaker than initially

    27%
  8. Car sales drop by 23.6 pct in August and 29.4 pct in first 8 months
    Photo by Andreas Simopoulos/Fosphotos

    EconomyMacroeconomy

    , compared to a drop of 14 percent in July, Hellenic Statistical Authority (ELSTAT) data showed... of 111,649 vehicle sales were noted. Out of the total, 57,118 were new vehicles, registering a drop... drop in vehicle purchases noted from March onwards is indicative of a general slowdown which

    27%
  9. Car sales rise by 3 pct in September and drop by 26.7 pct in first 9 months
    Photo by Andreas Simopoulos/Fosphotos

    EconomyMacroeconomy

    compared to a drop of by 23.6 percent in August, Hellenic Statistical Authority (ELSTAT) data showed... were new vehicles, registering a drop of 34.6 percent. Passenger car sales fell by 28.9 percent... with the tourism industry. However, the sharp drop in vehicle purchases noted from March onwards

    27%
  10. Car sales drop by 15 pct in December and -24.4 percent in 2020
    Photo by MacroPolis

    EconomyMacroeconomy

    compared to a drop of by 12.5 percent in November, Hellenic Statistical Authority (ELSTAT) data showed... vehicle sales were noted. Out of the total, 87,194 were new vehicles, registering a drop of 28.9... by the renewal of rent-a-car fleets in connection with the tourism industry. However, the sharp drop

    27%