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About to soar? Greece's economy still needs to be handled with care
Agora. Greek manufacturing firms hired staff at their highest rate since January 2000, while purchasing activity was at a nine-year high as firms expanded their output at the sharpest rate in 40 months... contracts. The rate of unemployment continues its slow and painful decline, standing at 21.7 percent in May
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Newsletter 131 - 8/9/2017
default rate remains over 2 percent and still exceeds the cure rate, with write-offs being the main..., the jobless rate has been reduced by 2.3 percentage points (pp) on the back of a drop in the number
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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.... The headline rate is the second consecutive negative reading for this year. The absolute figure... or negative growth rate. For the eight-month period from January through to August 2017, permits
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Newsletter 140 -17/11/2017
expects a growth rate of close to 2 percent of GDP this year. The opposition parties, though, accused... in August, falling at a greater rate than the drop of 2.4 percent seen in August, Hellenic Statistical Authority (ELSTAT) data showed. The headline rate is the second consecutive negative reading
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Newsletter 143
percent QoQ but increased by 9.3 percent YoY, up from the 5 percent YoY growth rate posted in Q2... adjusted (SA) unemployment rate fell to 20.5 percent in September after a slight upward revision... figure brings the jobless rate to the lowest level since November 2011. In September, an increase
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Despite cuts, pension system still at risk due to old-age dependency
Societythe average population. However, in Greece and Spain in particular, the rate was only 7 and 10 percentage points lower, respectively, than the average poverty rate. In Greeceās case, this may point..., but Greece is one of several countries where the rate drops to less than 3 percent. Greece is also
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Building activity increases by 16.4 pct in October
EconomyMacroeconomythe rate back into positive territory after three consecutive negative readings preceding it. The absolute... to the same time last year, while volume rose at an even greater rate by 109.2 percent. ELSTAT points out... changes in the growth rate. In absolute terms, the highest number of permits was issued in Attica (232
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PMI up to 55.2 in January, highest since October 2007
EconomyMacroeconomygrew at the fastest rate in more than 10 years. This in turn drove firms to hire more staff at the same rate as when the survey was first launched 18 years ago. However, a backlog of work was also... at the strongest rate since November 2007, leading to pre-production inventories rising. Firms continued to meet
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Newsletter 151 -16/02/2018
, the rate of change showed a decline of 1.6 percent. The average CPI for the 12-month period from... pct, lowest in seven years The latest annual figure is the slowest rate of decline in property prices... also saw price falls at the same rate . Properties in Athens and Thessaloniki recorded price falls
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Greek hourly labour costs less than half of eurozone average
EconomyFeaturesemployment rate. An interesting aspect of the Greek job market during the crisis, as revealed... it. Greece had the fourth highest increase in the job market participation rate for women after... participation rate after Portugal and Spain. The preliminary report noted also that overall
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