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  1. Tourism industry braces for outcome of gloomy Covid-19 scenarios
    Photo by Aggeliki Koronaiou/Fosphotos

    EconomyFeatures

    of revenue, BoG data showed that in 2019, travel receipts came to 18.2 billion euros, a rise of 12.8... of origin, BoG’s data showed that for all of 2019, revenues from German visitors edged down by 0.2

    2%

  2. Big drop in March sees PMI settle at 42.5 pts as Covid-19 measures bite
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    Greece’s manufacturing PMI dropped to 42.5 points in March from 56.2 points in February, according to the latest data from Markit PMI. The data indicates that the Greek manufacturing sector has been impacted significantly by the spread of the coronavirus. Markit indicated that the headline figure

    2%

  3. Covid-19 impact on tourism sector set to be extensive, report suggests
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    quarter of the year is on course to be lost. According to border research data quoted, Q2 captured 26... to the latest data from the Bank of Greece (BoG), in 2019 tourism revenues from German visitors

    2%

  4. Building permits increase by 55.7 pct in January
    Photo by MacroPolis

    EconomyMacroeconomy

    Building permits rose by 55.7 percent year-on-year (YoY) in January compared to a rise of 50.3 percent percent in December, Hellenic Statistical Authority (ELSTAT) data released on Monday showed... data, on average, house prices increased by 7.2 percent in 2019 compared to an average increase

    2%

  5. Newsletter 248 -24/04/2020

    Newsletters

    33.4 million a year ago, Bank of Greece (BoG) data has shown. This is equal to an increase of 120.3... (BoG) data showed this week. In the same period last year, the deficit was 1.02 billion euros, meaning

    2%

  6. PMI crashed to 29.5 points in April during sharpest ever decline
    Image via www.titan.gr

    EconomyMacroeconomy

    Greece’s manufacturing PMI plummeted to 29.5 points in April from 42.5 points in March, according to the latest data from Markit PMI. The headline figure is the worst on record since Markit began its... demand collapsed. Markit said that the decrease in total sales was the quickest since data collection

    2%

  7. New tax debt at 1.67 bln to Feb, up by 1.04 bln month-on-month
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    The month-on-month rise in Greece's new tax debt came to 1.04 billion euros in February, data from the Independent Authority of Public Revenues (IAPR) has shown. New tax debt totalled 1.67 billion... of the year, another 834 million in taxes went unpaid, according to the latest data from the IAPR

    2%

  8. Travel balance falls by 53.6 pct in March
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s travel balance fell to 31.6 million euros in March from 68.1 million a year ago, Bank of Greece (BoG) data has shown. This is equal to an decrease of 53.6 percent year-on-year (YoY... until further notice. The data for March from the 16th to the 31st were calculated based on extrapolated

    2%

  9. Covid-19 lockdown, slump suppress electricity demand and edge out lignite
    Photo via PPC https://flic.kr/p/9qi65R

    EconomyFeatures

    by the lockdown. Market data from the Energy Exchange Group show the system marginal price for April..., the International Renewable Energy Agency, demonstrates based on global price data that solar power

    2%

  10. April drop of 9.9 pct for industrial production largest since 2011 as virus takes toll
    Photo by MacroPolis

    EconomyMacroeconomy

    (ELSTAT) data revealed on Friday. The headline figure is the sharpest drop in the index since... in April, according to the latest data from Markit PMI. Although recovering from its historic low

    2%