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  1. Eurosystem funding falls 8.6 bln in June in aftermath of waiver reinstatement
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    . The change in June represents the sharpest drop in Eurosystem funding in the 12-month series... from a drop in the Emergency Liquidity Assistance (ELA) funding by 10.44 billion euros, partly offset... euros in June, its lowest reading since January 2015, while ECB funding edged up to 32.77 billion

    9%
  2. Eurosystem funding drops by 3.3 bln in Nov for 17th straight monthly fall

    EconomyMacroeconomy

    similar drop of 3.53 billion in October, Bank of Greece's (BoG) monthly financial statement showed on Tuesday. This was the 17th successive drop leading the Eurosystem funding balance down to 68.49... billion euros, with a cumulative drop of 41.73 billion since June 2015. Around half of this reduction

    9%
  3. Eurosystem funding falls by 2.2 bln in March, ELA drops after brief rise in Feb

    EconomyMacroeconomy

    , falling by 2.2 billion following a slower drop of 1.13 billion in the previous month, Bank... in March after a similar drop of 1.46 billion in February and settled at 17.31 billion at the end... programme was agreed. Around two thirds of that drop (44.4 billion) relates to lower dependence

    9%
  4. Building activity drops by 3 pct in September, permits increase above 1,000
    Photo by MacroPolis

    EconomyMacroeconomy

    Building permits declined by 3 percent in September, easing from the drop of 5.2 percent noted... the 1,000-mark once more, after August’s figure of 864, which was the first drop below this threshold.... For the aggregate period up to September, permits issued rose by 8.5 percent. The relevant surface area

    9%
  5. Building activity down by 6.7 pct in Dec after rising by 8.6 pct in 2017

    EconomyMacroeconomy

    issued in 2005. The most recent quarterly Bank of Greece (BoG) figures showed a 0.3 percent drop in apartment prices year-on-year in the fourth quarter of 2017. This followed a drop of 0.6 percent in Q3... in property prices came to an average drop of 1 percent, improving against the drop of 2.4 percent

    9%
  6. Building permits fall by 2.3 pct in March, absolute permits rise above 1,000
    Photo by MacroPolis

    EconomyMacroeconomy

    was issued in western Macedonia with 29, up by 3.6 percent. For the first three months from January... percent drop in apartment prices year-on-year in the first quarter of the year. This followed a drop... as a whole, the decline in property prices came to an average drop of 1 percent, improving against

    9%
  7. Extensive Covid-19 impact and slow recovery seen by most business sectors, research shows
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in the supermarket sector also expect a drop of 14 percent in turnover despite citizens stocking up... 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

    9%
  8. Car sales almost double in March from level at start of pandemic
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    compared to a drop of 16.4 percent in February, Hellenic Statistical Authority (ELSTAT) data showed. In March 2020, the year-on-year change showed a drop of 49 percent. Last month’s total number of new... with the absolute figure standing at 13,674. The remainder was made up of lorries (2,951) and buses (106

    9%
  9. Newsletter 435 - 04/10/2024

    Newsletters

    will reach a primary surplus of 2.4 pct of GDP this year, and it is to maintain that not only up... since.MacroeconomyCharts of the weekRetail Retails sales recorded a marginal drop of 0.2 pct year... volumes index had a bigger drop of 2.8 pct YoY. On a monthly basis, the index also recorded a drop of 2.4

    9%
  10. Energy at forefront of 2 pct decline for industrial production in May
    Image via www.moh.gr

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) continued its drop in May with 2 percent year-on-year... mid-2023. Month-on-month (MoM), the seasonally adjusted index in May recorded a drop of 0.4 percent. The annual movement in the index reflects a drop in half of the components, with 1.4 percent

    9%