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  1. Industrial production drops sharply by 8.1 pct in Nov

    EconomyMacroeconomy

    , following a revised upwards rise of 0.1 percent versus a 0.3 percent drop in October, according.... Month-on-month (MoM), the index dropped by 5 percent after a downwards revised drop of 7.6 percent in October. The sharp drop in the index was driven largely by a 9.4 percent decrease in the mining

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  2. Newsletter 244 -20/03/2020

    Newsletters

    to drop any fiscal restrictions for member states, including Greece’s post-programme target of a 3.5... estimated that their turnover would drop by 51 percent in 2020 based on room rates. For conference rooms... with an average drop of 48 percent anticipated. The survey highlighted that the coronavirus

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  3. Newsletter 245 -27/03/2020

    Newsletters

    -commerce businesses report drop in sales Tourism industry braces for outcome of gloomy Covid-19 scenarios... 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

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  4. Exceptional conditions behind reduced unemployment rate of 14.4 pct in March
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    employment stood at 3.87 million people. The drops in those employed was offset by a sharper drop... percent, equal to a fall of 1.8 pps year-on-year. Broken down by age group, the largest annual drop... for this age group stands at 19.8 percent. The lowest drop in unemployment was seen in those aged 35-44

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  5. Travel balance falls by 97.8 pct in April
    Photo by MacroPolis

    EconomyMacroeconomy

    of 5.3 percent. For euro-denominated countries, receipts showed a drop of 99.5 percent to around... percent to 2,400. The sharp drop in travel numbers and receipts is connected to the coronavirus pandemic... of the year, travel receipts fell by 51.4 percent to 626.4 million euros. Payments also recorded a drop

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  6. Travel balance falls by 99.3 pct in May
    Photo by MacroPolis

    EconomyMacroeconomy

    percent. For euro-denominated countries, receipts showed a drop of 99.7 percent to around 1.9... percent to 3,700. The sharp drop in travel numbers and receipts is connected to the coronavirus pandemic... of the year, travel receipts fell by 78.5 percent to 613.7 million euros. Payments also recorded a drop

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  7. Receipt losses near 5 bln in first six months as June tourism figures disappoint
    Photo by MacroPolis

    EconomyMacroeconomy

    of 14.7 percent to 1.38 billion euros. For euro-denominated countries, receipts showed a drop of 98.5... euro-denominated areas fell by 98.4 percent to 25,000. The sharp drop in travel numbers and receipts... Payments also recorded a drop of 67.4 percent to 435.4 million, which took the overall travel balance

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  8. Travel balance falls by 85.1 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    of 7.3 percent to 2 billion euros. For euro-denominated countries, receipts showed a drop of 77.4...-denominated areas fell by 78.6 percent to 415,800. The sharp drop in travel numbers and receipts... fell by 86.2 percent to 1.26 billion euros. Payments also recorded a drop of 68.3 percent to 496

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  9. Travel balance falls by 65.9 pct in August as 10.5 bln in receipts vanish in aggregate
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    a rise of 7.8 percent to 2.35 billion euros. For euro-denominated countries, receipts showed a drop... million . Those from euro-denominated areas fell by 53 percent to 1.1 million. The sharp drop in travel... also recorded a drop of 67.1 percent to 592.2 million, which took the overall travel balance to 2.09

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  10. Extensive Covid-19 impact and slow recovery seen by most business sectors, research shows
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by the pandemic and estimates that many businesses will see a notable drop in revenue compared to 2019... to drop by an average of around 21 percent. EBITDA is anticipated to fall by an average of 21 percent... are expecting the sharpest drop in turnover (-66 percent) followed by catering (-38 percent). Those

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