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Tracking Greece's fiscal performance
Agoraa 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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March sees first retail sales fall for two years, volumes show consumption diving
EconomyMacroeconomyGreece’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
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Retail sales rise by 3.3 pct in Sep, but falling volume reflects challenges
EconomyMacroeconomyon 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
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Newsletter 434 - 27/09/2024
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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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
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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
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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
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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
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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
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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
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