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  1. Travel balance almost doubles in April from last year's lockdown
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    of 2020, the YoY change showed a drop of 97.1 percent to 7.5 million euros. For euro-denominated.... Payments recorded a drop of 75.9 percent to 96.9 million, which took the overall travel balance..., arrivals showed a drop of 79.7 percent in the first four months of the year and came to around 378,300

    3%

  2. Travel balance increases more than eightfold in May from last year’s lockdown
    Photo by MacroPolis

    EconomyMacroeconomy

    month of 2020, the YoY change showed a drop of 97.4 percent to 21.7 million euros. For euro... of the year, travel receipts fell by 51.2 percent to 317.4 million euros. Payments recorded a drop... in the aggregate period versus 337.4 euros for the same period last year. In total, arrivals showed a drop

    3%

  3. Economic sentiment rises above 111 pts in July but consumer confidence drops further
    Photo by MacroPolis

    EconomyMacroeconomy

    its recovery trend, dropping by 7.3 points in July to -32.9 points, after a drop of 3.4 points... confidence improved by 4.4 points to 7.4, from a drop by 4.1 points to in June. Staying positive... a drop of 2.2 points month-on-month, staying positive at 10.8 points for four straight months. Finally

    3%

  4. Travel balance increases by wide margin in June from last year's tourism collapse
    Photo by MacroPolis

    EconomyMacroeconomy

    and stood at 557.5 million euros in June. For the same month of 2020, the YoY change showed a drop... to 1.11 billion euros. Payments recorded a drop of 41 percent to 281.8 million, which took the overall... year. In total, arrivals showed a drop of 20.4 percent in the first half of the year and came

    3%

  5. Newsletter 307 - 10/09/2021

    Newsletters

    of 2019 and had endured five continuous quarters of GDP drop, with the sharpest on record in Q2 last... an impressive drop in bad loans on banks’ balance sheets, with the NPE ratio dropping to 21.3 pct... of business loans. The impressive quarterly drop was led by 10 billion euros by Alpha Bank and 13.5

    3%

  6. Impact of pandemic, lockdowns reflected in lower household spending during 2020
    Photo by MacroPolis

    Society

    expenditure in 2020 came to 15,982 euros per year, or 1,332 euros per month, a drop of 9.9 pct... by 62.7 pct. Recreation and culture follow with a drop of 54.5 pct and restaurants, cafes and hotels down.... As expected, restaurants and cafes saw their share drop significantly by 3.1 points to 8 pct. Recreation

    3%

  7. Newsletter 311 - 08/10/2021

    Newsletters

    of 23.4 pct and exports to rise by 11.1 pct. On the other hand, public spending will drop by 2.8 pct... to rise by 2.7 pct, leading to a drop in the unemployment rate from 16 pct to 14.3 pct... by the end of the year. Combined with the precipitous drop in GDP in 2020, pushed up the debt-to-GDP

    3%

  8. EC sees strong recovery in 2021, solid growth in coming years underpinned by RRF
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    of unvaccinated citizens with retail and food and beverage owners already noticing a drop in business... is expected to drop to 15 pct next year and to 14.5 pct in 2023. The recent hike in energy prices does... of 2022 is expected to drop significantly to 3.9 pct of GDP, thanks to the economic rebound

    3%

  9. Newsletter 332 - 18/03/2022

    Newsletters

    this has not yet translated into a significant or sudden drop in support for ND, the fact that its... over the last few quarters, which saw the stock of main pensions applications drop from the high... of unemployed remaining below the 600,000-mark, noting a drop of 17.4 pct annually. Import Prices

    3%

  10. Unemployment remains at 12.8 pct in Feb, lowest since summer 2010

    EconomyMacroeconomy

    to 603,025, a drop of 14.2 percent. For the first time since March 2010, unemployment temporarily... the rate for men stood at 10.1 percent, a drop of 3.2 pps year-on-year. Youth unemployment dropped... in the same period last year, a drop of 24,974 job postings.

    3%