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Gathering signs of coronavirus impact on growth expectations
Economyin the balance of goods, including tourism related services, and a drop in private consumption. “Based.... Estimates from those within the tourism industry anticipate a decline of up to 20 percent in arrivals during the second quarter of the year. Should this manifest, the subsequent drop in tourism revenue
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Newsletter 253 -12/06/2020
message over the last few months and that the party too often attracts attention, and gets caught up... has achieved for its internationally placed euro-denominated bonds and will be used to top up.... Regarding Greece, the OECD expects that GDP will fall by up to 8 percent in 2020 under a single-hit scenario
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Labour market developments in Greece during Covid-19
Agora. The summer in Greece is tourist season and employment tends to rise and unemployment tends to drop..., even during the boom times leading up to the euro-crisis, Greece’s unemployment rate never dipped below.... This impetus also implies that it cannot be up to the government to prop up the labour market
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CPI stable at 7 pct in Jan as food inflation persists
EconomyMacroeconomy2022, the CPI was up by 6.2 percent YoY as the wave of inflation was picking up momentum. The prices..., 10.6 in housing equipment and 8.1 percent in transport. Hotels and cafes were up by 7.8 percent and 6.5 percent in clothing and footwear. These were partially offset by a rare drop in housing by 0.1
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Retails sales contract 1 pct in June, volumes fall as food dips by 6.2 pct YoY
EconomyMacroeconomy, with fuels up by 2.5 percent, a 6.2 percent drop in foods and non-food down by 3.6 percent. According...Greece’s retail sales turned negative in June, posting a drop of 1 percent year-on-year (YoY... on Thursday. The corresponding volume index recorded a sharp drop of 7.6 percent. June is the second negative
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Inflation boosts retail sales growth to 2.4 pct in Aug, volumes continue to slide
EconomyMacroeconomyon Tuesday. The corresponding volume index recorded a drop of 3.6 percent. Sales volumes have been... monthly movement was up by 0.2 percent. Compared to August 2022, automotive fuel was down by 7.3 percent, non-food was up by 0.7 percent and food sales were up by 8.4 percent. Retail sales were led
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Newsletter 406 - 15/12/2023
dropped by 3.8 pct. Import prices The drop in import prices picked up pace with a 13.4 pct decline YoY... with the government trying to come up with yet more measures to tackle hooliganism after a policeman was gravely..., currently standing at 44.8 billion, but which could drop below 25 billion euros. This move would also carry
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Newsletter 441 - 15/11/2024
with a nominal drop. In the representative’s op-ed it is noted that when more updated data up to Q2 2024... parties add up to 19.2 pct, including Greek Solution, which is now the third party in parliament... privately in the run-up to the US elections. Government sources have unofficially welcomed the choice
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Newsletter 488 - 12/12/2025
MPs vented frustration at Tsiaras, warning they were being “beaten up out there” and even feared... tripling or even quadrupling since 2018, and energy costs up by 40%. These figures, he argued, show why... in the first three quarters of next year that could push investment spending up by almost 11 pct annually
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Newsletter 74 - 20/05/2016
with a property value up to 140,000 euros, which will remain protected until the end of 2017... and a notable drop in loan provisions. Asset quality showed encouraging trends, with NPL formation markedly... himself and his party up for one last push in the Greek Parliament on Sunday in the hope
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