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Frustrated Androulakis rounds off surveillance inquiry as issue fails to gain traction
PoliticsGreek Politicsthe panel on Friday after his and his party’s efforts to draw attention to what they believe is an abuse... form a majority on the inquiry panel, have either rejected the opposition parties’ requests... it received in the 2019 elections. Ta Nea highlighted on their front page on Friday that these findings show
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Newsletter 279 - 05/03/2021
closures dropped during the pandemic Only one sector saw an increase in the number of closures in 2020... and motorcycles” which saw 8,082 closures. Mostly this was due to it being one of the most populous sectors... of company closures in the sector actually dropped 18.9 percent. In fact, only one sector saw
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Greece's Parliament Budget Office sees lack of post-bailout plan
EconomyMacroeconomyon growth through innovation and greater productivity. The panel says that some government measures... to the panel: Debt restructuring (also linked to future market access), quality of reforms, political... to move forward. A new program to boost production in Greece would need cheap funding provided
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Greece saw first annual deflation in almost half a century in 2013
EconomyMacroeconomyThe drop in Greece’s Consumer Price Index (CPI) decelerated to 1.7 percent in December after peaking with a 2.9 percent decline in November, according to the Hellenic Statistical Authority (ELSTAT). On a monthly basis, the CPI rose 0.9 percent for the f...
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Most Greeks saw income fall over last year, limiting purchasing power
SocietyThe results of a survey by the Labour Institute (INE) of the General Confederation of Greek Workers (GSEE), which was published on July 17, highlighted how salary earners’ purchasing power has been limited. The survey, conducted in cooperation with Alco...
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Increase in number of services that saw their turnover decrease in Q2
EconomyMacroeconomyThe evolution of turnover indices for the services sector showed a worsening performance in Q2 2014, with 10 out of the 14 types of services, or specific activities of services as they are referred to, posting a negative growth, according to the Helleni...
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Almost all services in Greece saw decline in Q3
EconomyMacroeconomyThe evolution of the turnover indices for the services sector showed a further worsening in the third quarter (Q3) of 2014 with 12 out of the 14 service activities recording a drop, according to the Hellenic Statistical Authority (ELSTAT). In the preced...
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Office prices and rents saw substantial fall in H1 2014
EconomyThe Bank of Greece (BoG) published on Monday for the first time its commercial property price and rent indices. The released data concerns office and retail price and rent levels of prime investment property and cover the period from the first half (H1)...
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Greek households saw net financial wealth plummet by 37.5 pct during crisis
EconomyMacroeconomyΤhe impact on Greek households’ financial wealth and liabilities during the crisis years is examined in a study included in the latest statistical bulletin published by Bank of Greece on Wednesday. The study showed that the net financial wealth of Greek...
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Sharp drop of 5.3 bln for Greek ELA funding after completion of capital increases
EconomyMacroeconomyNovember saw the fastest pace of decline since July. The absolute figure landed at 113.41 billion...Greek banks’ Eurosystem funding fell by 5.98 billion euros in November following a drop by 2.01..., Eurosystem funding has been trimmed by 13.17 billion euros and largely reflects the reduced uncertainty
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