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Back from the brink: What next for Greece's property market?
EconomyFeaturesproperties did not fare much better. Between H1 2010 and H1 2015, the cumulative drop in nominal retail... annual fall was posted in 2012 (-11.7 percent), followed by another double-digit drop of -10.9 percent
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Household disposable income fell by another 2.3 pct in 2016, consumption down by 1 pct
EconomyMacroeconomy. The cumulative drop since 2010 in disposable income has reached 40 percent, while consumption has been reduced by 28 percent. The drop in disposable income and the reduction in gross saving has pushed
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Building activity drops by 5.2 pct in August
EconomyMacroeconomyBuilding permits went down by 5.2 percent in August, falling at a greater rate than the drop of 2.4 percent seen in July, Hellenic Statistical Authority (ELSTAT) data released on Monday showed... in the second quarter of 2017. This followed a revised drop of 1.7 percent in the previous quarter
6% -
Eurosystem funding falls by 4.38 bln in October as ELA declines
EconomyMacroeconomyto stand at 37.34 billion euros, the lowest reading to date. The monthly movement was driven by a drop... to 26.9 billion. The BoG stated that the drop reflected “developments in the liquidity situation
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Office prices slip by 0.7 percent in first half of 2017
EconomyMacroeconomyto 71, still representing a drop of around 30 percent compared to the peak of 100.8 in H1 2010... by 0.4 percent in 2016, slowing from a drop of 3.5 percent in 2016. The price index has been
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Eurosystem funding falls by 4.46 bln in November, banknotes in circulation decline
EconomyMacroeconomymovement was driven by a drop in Emergency Liquidity Assistance (ELA) funding by 2.90 billion euros... be reduced further by 1.1 billion euros to 25.8 billion. The BoG stated that the drop reflected
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Retail sales fall for second straight month in Oct, with 0.8 pct decline
EconomyMacroeconomyby 1.1 percent in October, entering further into negative territory after a drop of 0.8 percent in the previous month. Equally the first back to back drop in sales volumes since June last year. October
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Building activity up by 12.6 pct in November, permits remain above 1,000
EconomyMacroeconomycompared to 2016. The most recent quarterly Bank of Greece (BoG) figures showed a 0.6 percent drop in apartment prices year-on-year in the third quarter of 2017. This followed a drop of 1.1 percent in Q2
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Newsletter 160 -04/05/2018
environment. Retail sales drop by 0.4 pct in Feb Volume declines by 0.1 pct after a revised increase of 0.9... month-on-month to 73.6 in February, while volume rose by 1.3 percent to 72.6 percent. February’s drop
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Marginal increase to 20.8 pct for Feb unemployment rate
EconomyMacroeconomyof those who are unemployed have improved substantially since last year recording a drop of 102,296... drop (-2.9 pps) in unemployment came in the 25-34 year old age bracket, bringing the rate
6%