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  1. Apartment prices rise by 7.5 pct in Q4 and 7.2 pct in 2019
    Photo by MacroPolis

    EconomyMacroeconomy

    annual fall was posted in 2012 (-11.7 percent), followed by another double-digit drop of -10.9 percent... a YoY drop of 12.8 percent. Since Q1 2018, apartment prices have retained an upward trajectory

    6%

  2. Newsletter 243 -13/03/2020

    Newsletters

    , following a drop of 1.2 percent in Q3. On a quarterly basis, the index rose by 1.7 percent quarter...) dropped by 1.2 percent in year-on-year (YoY) in January compared to a downward revised drop of 4.2

    6%

  3. Covid-19 presents new, significant challenge in banks' effort to reduce NPLs
    Photo via Flickr https://flic.kr/p/4hVnhM

    EconomyBanking

    targets submitted to the ECB’s supervisory authorities, the ratio is due to drop to 20 percent... that as revenue collapses for companies and incomes drop for workers, up to 1/10 of the existing stock

    6%

  4. Tourism industry braces for outcome of gloomy Covid-19 scenarios
    Photo by Aggeliki Koronaiou/Fosphotos

    EconomyFeatures

    rescue the tourism season, Greeks are very likely to see a drop in their disposable income due... under pressure to drop their prices. In addition to this, as of Sunday night, all hotels whether

    6%

  5. Newsletter 246 -03/04/2020

    Newsletters

    conditions could be restored. 2 March PMI drops to 42.5 pts Sharp drop driven by Covid-19 uncertainty... July 2015, a period marked by high political and economic unrest. The drop was fueled by factory

    6%

  6. Trade deficit up by 7.8 pct in February
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s trade deficit increased by 7.8 percent year-on-year (YoY) in February compared to a drop of 9.8 percent in January, data from the Hellenic Statistical Authority (ELSTAT) released on Tuesday..., recording a drop of 2.1 percent compared to the same month last year. A breakdown of the figures

    6%

  7. Fitch keeps Greece at 'BB' but revises outlook to stable with eye on Covid-19 impact
    Photo by MacroPolis

    Economy

    the pandemic, the global recession and the drop in tourism. Fitch expects a gradual recovery in the second half.... Impacted by the drop in services revenues, notably tourism which corresponds to 22 pct of current account

    6%

  8. Trade deficit declines by 7.9 pct in March
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    . The deficit came to 1.79 billion euros for the month. Imports totalled 4.28 billion euros, showing a drop of 9.8 percent YoY. At the same time, exports totalled 2.49 billion euros, recording a drop of 11.2

    6%

  9. Greece gears up to secure slice of smaller tourism pie this summer
    Photo by Yiannis Drakoulidis/Fosphotos

    PoliticsGreek Politics

    tourism season in Q3. Not only would it mean suffering a lower drop in tax revenues than many experts... earning minimal revenues, the newspaper reported. VAT on hotel stays is expected to drop to 6 pct

    6%

  10. Retail sales down by 1.5 pct in March for first fall in seven months
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    drop of 16.1 points month-on-month in April. Consumer confidence is the lowest it’s been since... months, dropping by 22.4 points month-on-month, after a drop of 18.1 points in April, which took

    6%