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BoG charts how crisis has affected private sector employment
Economyprivate sector employment has been affected during the crisis. The first finding is related... is some 20 percent below that of men (53.5 euros). Another important finding from the BoG study... shift work. In addition, 94,000 employees saw a wage reduction in their labour contracts in 2012
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No late rally for Tsipras
Agorapoll for the centre-right party. The crushing nature of the defeat, which saw SYRIZA’s share... saw ND dominate in the municipal and regional elections. SYRIZA’s main target will be to achieve... to power delivering a message that many crisis-weary voters saw as hopeful, envisioning a life beyond
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Apartment prices down by 3.9 pct in Q1 for seventh straight QoQ fall
EconomyMacroeconomyThe fall in Greek apartment prices decelerated for the seventh straight quarter to 3.9 percent in Q1 2015 from a downward revised 5.4 percent in Q4 2014, according to the Bank of Greece (BoG... 32,008 in Q1 2008 corresponding to a plunge by 90 percent. A similar fall was posted in volume
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Building activity down by 3.5 pct in Sept for third straight fall
EconomyMacroeconomyand 9.6 percent in September. For the 9-month period, the aggregate figures point to a fall of 1.2... prices recorded a fall for the 26th straight quarter by 6.1 percent in the third quarter (Q3) of 2015
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Drop in trade deficit accelerates to 14.3 pct in Dec on faster fall in imports
EconomyMacroeconomythe impact of oil products, the trade deficit recorded a slighter fall by 7.2 percent reflecting a rise... by 9.5 percent and a slower fall in exports by 5.1 percent. In absolute terms, trade deficit landed
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Retail sales down by 3.8 pct in Jan for eighth straight fall
EconomyMacroeconomyThe turnover of Greece’s retail trade index continued heading south for the eighth straight month in January, when it dropped at an accelerating pace of 3.8 percent after a marginal fall of 0.2... in December. January retail sales fall mostly reflects a decline in automotive fuel by 11.4 percent
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Apartment prices fall by 1.5 pct in Q3 for slowest drop since 2009
EconomyMacroeconomyfor the second straight quarter by 0.6 percent in Q3 after a 0.9 percent fall in Q2. The breakdown revealed... scenario of Greek banks’ stress tests a year ago, point to a further fall in housing prices by 5
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General gov't primary cash surplus up to 5 bln in 2016, arrears fall by 1.1 bln in Dec
EconomyMacroeconomy(-214 million). For the whole year, the biggest fall in arrears was recorded by SSFs (-776 million... 2.15 billion euros to 58.66 billion at the end of December. The monthly change reflects a fall
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Budget primary surplus confirmed at 1.94 bln in 2017 on expenditure fall
EconomyMacroeconomyannual target by 1.06 billion euros. The driving factor was a fall in expenditure combined... Primary expenditure rose to 6.11 billion in December, representing a fall of 2.7 percent compared
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General govt primary cash surplus at 5.93 bln in Dec, arrears fall by 584 mln
EconomyMacroeconomy. A 24.9 percent fall in transfers was the main factor behind the decline, as this category went from... by 1.16 billion euros and stood at 79.41 billion euros. This was driven by a combination of a fall
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