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Building activity increases by 16.4 pct in October
EconomyMacroeconomyMacedonia (+43.1 percent) and Epirus (+40 percent). A drop of 23.1 percent was noted in eastern... up to October, permits issued rose by 9.7 percent. The relevant surface area connected to the permits... percent drop in apartment prices year-on-year in the third quarter of 2017. This followed a drop of 1.1
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CPI remains static in July
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) remained static in July following a drop of 0.3 percent in June.... The core index edged up by 1 percent in July, following a 0.3 percent rise in June. Additionally... percent drop in the price of household equipment, mainly led by a fall in the price of furniture
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General govt primary cash surplus at 899 mln in January, arrears rise by 38 mln
EconomyMacroeconomyeuros was seen taking the total to 249 million euros. In other revenue, a drop of 10 million euros... million euros to 147 million euros. Interest paid and subsidies both rose by 12 million euros. A drop... decrease came from tax refunds with a drop of 55 million euros. This was followed by hospitals (-12
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IMF sees 2020 GDP contraction at 10 pct, budget deficit at 9 pct due to virus impact
EconomyMacroeconomyis on course for an estimated drop of 7.5 pct, according to the IMF, which expects a recovery of 4.7 in 2021. In the last quarter of the year, eurozone GDP is expected to drop by 5.9 pct. In terms of the worst hit countries from the pandemic in Europe, Italy’s GDP will drop by -9.1 pct this year, Spain
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IMF expects difficult year for public finances, PBO highlights impact on labour force
EconomyMacroeconomyas a percent of GDP will drop this year and next to 45.8 and 45.3 pct, from 48.3 pct of GDP in 2019...-March and up to the end of April, the PBO finds that 60 pct of employment in the private sector is affected, consumption over the quarter will drop by 23.6 pct, the risk premium of investments
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Travel balance falls by 53.6 pct in March
EconomyMacroeconomy. For euro-denominated countries, receipts showed a drop of 71.9 percent to 29.6 million. Receipts... by 17.1 percent to 619.1 million euros. Payments also recorded a drop of 25.5 percent to 433.7... by 6.9 percent to 479,800, while visitors from non-euro countries within the EU 27 edged up by 1.8
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Trade deficit falls by 17.1 pct in July
EconomyMacroeconomyGreece’s trade deficit fell by 17.1 percent year-on-year (YoY) in July compared to a drop of 10.3... a drop of 12.7 percent YoY. At the same time, exports totalled 2.88 billion euros, recording a drop... that imports from EU countries edged up by 0.6 percent. Those from non-EU countries fell by 25.4
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Accommodation and food services turnover collapses by 84.6 pct in Q2
EconomyMacroeconomy) in the second quarter (Q2) of the year, following a downward revised drop of 7.2 percent YoY in Q1... also marked a sharp drop of 46.3 percent QoQ. The data reflects the restrictions of mobility... collapsed by 96.9 pct YoY, after a drop of 22.1 percent YoY in Q1, led by coronavirus-related hotel
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Trade deficit falls by 27.1 pct in August
EconomyMacroeconomyGreece’s trade deficit fell by 27.1 percent year-on-year (YoY) in August compared to a drop of 17.1... a drop of 19.6 percent YoY. At the same time, exports totalled 2.06 billion euros, recording a drop... showed that imports from EU countries edged up by 0.6 percent. Those from non-EU countries fell by 36.1
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Revised 2021 budget sees bigger contraction, slower recovery and support of 31.4 bln euros
EconomyMacroeconomydriven by a sharp drop in private consumption by 7.6 pct, investments by 14.3 pct and exports lower by 30.3 pct, reflecting the drop in services. Imports are also seen falling by 17.4 pct, with a rise... and 1.27 billion in loans. EU funding is also topped up with 1.6 billion euros from REACT-EU, taking
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