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EC expects milder recession of 0.3 pct in 2016, sees debt to GDP at 178.8 pct in 2017
Economyin negative territory in 2016, while the drop in consumption is expected to be partly offset... drop by 0.1 percent in 2016 and rebound by 3.8 percent in 2017. Unemployment is seen edging down
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Newsletter 72 - 06/05/2016
to a further drop in incoming new orders, while outstanding business levels also deteriorated... in the manufacturing sector over the coming months. A further drop in incoming new orders was the main cause
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Industrial production falls at faster pace of 4 pct in March
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) dropped at a faster pace of 4 percent in March from a revised 2.5 percent drop in February, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday... quarter (Q1) of 2016 display IPI eased 0.8 percent on the back of a drop in mining and quarrying
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Trade deficit shrinks by sizable 23.7 pct in March
EconomyMacroeconomyGreece’s trade deficit fell sharply by 23.7 percent in March after a 14.3 percent rise in February, the Hellenic Statistical Authority (ELSTAT) said on Tuesday. The drop is the biggest since... with the rate of drop in March was the highest since last October. In absolute terms, imports and exports
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Car sales soar 24.5 pct in April
EconomyMacroeconomyfor the 4-month period point to 5.2 percent rise in additional motor cars from a drop of 2.4 percent... and of 30.1 percent in 2014 following a sharp drop by 30 percent per annum in the 2009-2012 period
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Unemployment rate slips to 24.2 pct in February
EconomyMacroeconomyApril 2012. The drop in the jobless rate in February results from a rise in the number of employed... in the Aegean Islands at 13.1 percent. The latest European Commission estimates point to a slight drop
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Greece seeks to mend fences with Austria but frets about EU-Turkey deal
PoliticsForeign Policyled to the significant drop of refugee numbers, Kurz claimed. The Greek foreign minister claimed... situation, which has seen the number of migrants arriving in Greece drop dramatically, is causing acute
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Newsletter 73 - 13/05/2016
for the drop in numbers, will hold up. Ankara has already expressed disappointment with the way the visa... 38 months. Housing and transport prices, which fell by almost 5 percent, fuelled April’s drop. Net
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Newsletter 74 - 20/05/2016
and a notable drop in loan provisions. Asset quality showed encouraging trends, with NPL formation markedly... drop in Q4 of last year. This means prices have been falling for 28 successive quarters, since Q1 2009
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Travel receipts rebound 8.2 pct in March, but surplus drops 3.6 pct
EconomyMacroeconomypayments rose at a higher pace of 13.7 percent to 158.5 million, resulting in a drop of the March... million last year. The stable performance in travel receipts reflects a drop in non-residents arrivals
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