Search
-
PMI drops to 46.8 points in July amid Covid-19 uncertainty
EconomyMacroeconomypandemic which impacted domestic and foreign client demand. Output continued to fall at Greek manufacturing... The fall in output reportedly stemmed from a solid decrease in new business. Some firms connected... was marginal. Output charges continued to fall as firms used discounts to attract new clients
17% -
Are hirings in the public sector out of control?
EconomyFeaturesa reaction. In addition, charges of cronyism strike at the heart of the SYRIZA/ANEL coalition... have touched a raw nerve at a time when fresh pension cuts and tax hikes continue to come into effect
17% -
Newsletter 60 - 29/01/2016
spare cash for homes Greek household disposable income dropped by 3.3 percent in Q3 2015, a faster... euros in Q3, down by more than 1 billion from last year. The fall is mostly due to an 8 percent... of people to Europe, Greece has been the fall guy, taking the blame for not “controlling” its
17% -
Greek households continue to slash spending on goods and services
Societyyear, bringing the average fall in household expenditure since the beginning to the crisis in 2008...’ spending on education (3.3 percent) is one of the highest in Europe; at the other end of the scale... expenditure stands at 33.1 percent. Durables (-49 percent) saw the biggest fall, followed by clothing
17% -
Newsletter 171 -20/07/2018
Independent Greeks (ANEL) is not due to support the deal in Parliament, this is seen by some... is the highest monthly revenue increase for the year so far, and reverses the fall of 291 million... hampered IMF cautions against changing scheduled labour market reforms Greece has to take specific
17% -
Labour cost fall has not produced jobs, bemoans GSEE in study
SocietyThe significant fall in labour costs since the onset of the crisis has not led to a corresponding fall in prices and a boost in employment and competitiveness, defying conventional theories..., the report said. The INE maintains that the gains made by companies from the fall in labour costs has
16% -
Eurosystem funding drops by 5.1 bln in Aug driven by ELA fall
EconomyMacroeconomyis the lowest reading since June 2014. The monthly movement is driven mostly by a fall in Emergency Liquidity... basis, Eurosystem funding dropped by 21.32 billion euros, driven mainly by a fall in ELA funding... programme was agreed, with the majority of this fall (55.91 billion) originating from lower reliance on ELA
16% -
Fall in apartment prices continues with slower decline of 0.6 pct in Q3
EconomyMacroeconomyin Q3 following a 0.3 percent quarter-on-quarter fall in Q2 2017. Old apartments, classified as over five years old, saw their prices fall by 0.7 percent in Q3. Properties up to five years old saw price... annual fall was posted in 2012 (-11.7 percent), followed by another double-digit drop of -10.9
16% -
Piraeus Bank posts net loss of 19 mln euros in Q3, NPEs continue to fall
EconomyBankingthat in line with targets, the parent NPL stock is anticipated to fall by 50 percent by 2019 versus September..., where the figure stood at 10 billion, driven largely by a 1.8 billion fall in Emergency Liquidity... and a more active interbank repo market. In the year to date up to mid-November, the fall in Eurosystem
16% -
General govt primary cash surplus at 2.42 bln in April, arrears fall by 66 million
EconomyMacroeconomy) and came to 23.81 billion euros. This was driven primarily by a fall in interest paid (-859 million...-on-month falls were noted in four out of the six subcategories. The biggest fall came from SSF arrears... The stock of gg guarantees fell substantially by 3.84 billion to 22.87 billion. The fall was almost
16%