Search
-
Who pays property tax and how much revealed by Greek authorities
EconomyMacroeconomyare due to pay a total of 466.8 million euros this year, up by almost 10 percent from last year’s figure... “objective” property prices used by tax authorities and the drop in the property limit for the application... up to four property rights. The comparison with last year displays that around 92 percent
9% -
About to soar? Greece's economy still needs to be handled with care
Agoraconsumption remains resilient, up by 0.7 percent in the second quarter and 1 percent in the first half of the year. Exports were up by 9.5 percent in the quarter and have increased by almost 7.5... successive month, up by 1.6 percent. Earlier last week, the latest sentiment indicators published
9% -
Greek unemployment rose to new high of 27.9 pct in June
EconomyMacroeconomyheading north, surpassing the 1.4 million mark, up 1.5 percent mom and 14.2 percent yoy. The results... percent, while recording a slight drop of 0.3pp quarter on quarter (q-o-q) for the first time since... rate at 31.9 percent, while male unemployment is just shy of 25 percent. Despite a drop to 59
9% -
Greek retail sales tumbled another 6.4 pct in September
EconomyMacroeconomy). A broadly similar trend and drop of 5.4 percent was also evident in retail volumes. The decline in 2013 continues unabated following an average annual drop of 11.0 and 7.2 percent in 2012 and 2011... at 8.1 and 6.2 percent drop respectively. On the contrary, for the other key sectors namely, food
9% -
First positive reading for building activity in 6 months after 1.2 pct rise in May
EconomyMacroeconomyin May, the 5-month figure of building permits showed a drop of 22.6 percent, slower than the 27.8.... In contrast, Thessalia and the Attica region recorded the highest drop in May, at 17.3 and 10.4 percent respectively. Note that the Attica prefecture (Athens, Piraeus and suburbs) is making up 21 percent
9% -
Loan and deposit rates edge down in May but remain above euro area average
EconomyMacroeconomyFollowing a drop by 10 basis points (bps) in April, the interest rate on households’ new time... in June 2012. Although with some delay and at a slower pace, the drop in time deposit rates has... contracting by 36 bps, thus falling back to March levels. The sharp drop in May is attributed
9% -
GSEE report stresses risks on employment and the pension system, outlines burden on wages
Societyto fall further by 1.9 percent in 2014 implying a 23 percent drop over the last five years... drop to 84 percent in 2014. The report highlights that the labor productivity and the purchasing power... shown a marked deviation in the succeeding five years. The sharp drop in real wages by 22.3 percent
9% -
August trade deficit shrinks by 29.5 pct as imports fall faster than exports
EconomyMacroeconomyrespectively. The sharp drop in trade deficit in August led the respective 8-month figure up by a mid... the first data is avalable. August’s performance reflects a 16.3 percent drop in imports and a 5.7... a slower drop in August (-20.3 percent), mainly reflecting a lower decrease in imports (-12.9 percent
9% -
Greek trade deficit widens 34.2 pct in Sept as exports slip for third month
EconomyMacroeconomyGreece’s trade deficit widened by 34.2 percent in September after a drop of 29.5 percent in August... again after a short-lived drop in August. September’s figure indicating wasthe sixth positive... percent. However, exports posted just a marginal drop of 0.1 percent, while imports rose at a double-digit
9% -
Unemployment rate at 25.7 pct in Jan, lowest since Aug 2012
EconomyMacroeconomyreflects a 1.1 percent month on month (MoM) drop in the number of unemployed. The employed marginally.... In contrast, the YoY drop in the number of jobless showed a slight acceleration to 6.7 percent in January..., the aggregate figures point to a cumulative drop of 22.5 percent corresponding to 1,027,300 lower
9%