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  1. GDP growth slows in Q3 amid lower 2017 forecasts
    Photo by MacroPolis

    EconomyMacroeconomy

    a drop of 0.1 percent in the previous quarter. The Q3 headline figure is the first back-to-back... by 0.1 percent QoQ and 1 percent YoY. Final consumption retains the lion’s share of GDP, making up... consumption is seen rising by 0.2 percent. Investments Gross capital formation recorded a drop of 8.9

    9%
  2. Newsletter 166 -15/06/2018

    Newsletters

    , Independent Greeks (ANEL), is not going to support the agreement. The conservative chief took up the issue... in Q1 Latest quarter’s decline is the lowest contraction on record The drop in the nominal value... from a revised drop of 0.4 percent in Q4 2017, Bank of Greece (BoG) data showed this week

    9%
  3. GDP growth slows to 0.2 pct QoQ in Q2 due to lower investment, higher imports
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    consumption expenditure edged up by 0.5 percent, with household spending up by 0.6 percent which offset a 0.2... by 0.2 percent in Q2, following a drop of 1.8 percent in Q1. On an annual basis, general government..., making up 88.5 percent of the total figure in Q2, with private consumption representing 67.5 percent

    9%
  4. Car sales drops by 12.5 pct in November, declining by nearly 25 pct in aggregate
    Photo by MacroPolis

    EconomyMacroeconomy

    compared to a drop of by 17.6 percent in October, Hellenic Statistical Authority (ELSTAT) data showed... dropped by 13.5 percent with the absolute figure standing at 11,134. The remainder was made up..., registering a drop of 30 percent. Passenger car sales fell by 27 percent in the aggregate period

    9%
  5. Newsletter 351 - 16/09/2022

    Newsletters

    million vulnerable citizens, 300 million euros in heating oil subsidies (up from 174 million last... outpaced the ministry’s estimates, with the total cost for 2022 jumping to 13.2 billion euros, up by 55... well above 200 billion euros then the ratio could drop to 170 pct, a sizable drop from the 206 pct seen

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  6. Public debt records back-to-back quarterly drops, falling to 393.49 bln in Q3
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s central government debt recorded a small drop of roughly 700 million euros in the third... debt movements reflect a drop of 1.5 billion euros in bonds and a small drop in loans related... of 1.6 billion euros in Repos. FSM loans continue to make up the bulk of the total, accounting for 61

    9%
  7. Tracking Greece's fiscal performance
    Photo by MacroPolis

    Agora

    a fiscal operation becomes effective and when the costs or revenues show up in the budget can cause... and in the ESA accounts for the fiscal balance, especially when the crisis broke out in 2009-2010 and up... (and the drop in debt relative to GDP) will persevere. The primary balance. Figure 2 shows the general

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  8. March sees first retail sales fall for two years, volumes show consumption diving
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s retail sales turned negative for the first time since 2021, with a marginal drop of 0.3... was down by 13.7 percent, non-food was up by 6.5 percent and food sales were down by 0.3 percent.... The inflationary effects are reflected in volumes, with fuels down by 6.9 percent, an 11 percent drop in foods

    9%
  9. Retail sales rise by 3.3 pct in Sep, but falling volume reflects challenges
    Image: MacroPolis

    EconomyMacroeconomy

    on Thursday. The corresponding volume index recorded a drop of 3.6 percent. Sales volumes have been... percent, non-food was down by 0.7 percent and food sales were up by 11.9 percent. Retail sales were led by a 14 percent YoY rise in food and beverages, while supermarket sales were up by 11.6 percent

    9%
  10. Newsletter 434 - 27/09/2024

    Newsletters

    had inflows of 159 million euros. Housing loans continue to drop, while consumer credit was up by 18... earning below 700 euros as in 2012 the MoU policies dictated a drop in the minimum wage to 580 euros... is up by 1.6 pct, whereas real wages have dropped by 13.5 pct. This is the trend seen in all

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