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  1. Trade deficit falls by 17.1 pct in July
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’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

    9%

  2. Accommodation and food services turnover collapses by 84.6 pct in Q2
    Photo by MacroPolis

    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

    9%

  3. Trade deficit falls by 27.1 pct in August
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’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

    9%

  4. Revised 2021 budget sees bigger contraction, slower recovery and support of 31.4 bln euros
    Photo by MacroPolis

    EconomyMacroeconomy

    driven 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

    9%

  5. Apartment prices rise by 2.6 pct in Q4, increase 4.2 pct in 2020
    Photo by MacroPolis

    EconomyMacroeconomy

    percent in Q4 versus an increase of 3.1 percent in Q3. New properties, classified as up to five... double-digit drop of -10.9 percent in 2013. The sharpest quarterly rate of decline was seen in Q4 2012, when apartment prices showed a YoY drop of 12.8 percent. Since Q1 2018, apartment prices have

    9%

  6. Retail turnover drops by 3 pct and volume by 0.9 pct in March

    EconomyMacroeconomy

    Greece’s retail sales index decreased by 3 percent in March following a revised drop of 4 percent..., stationery and other goods (+2.8 percent). The annual volume decrease was led by a 10.6 percent drop in supermarkets, followed by a 10.3 percent drop in automotive fuels. Furniture, electrical

    9%

  7. Economic sentiment rises above 111 pts in July but consumer confidence drops further
    Photo by MacroPolis

    EconomyMacroeconomy

    Expectations Indicator (EEI) also increased to 115 points, up from 112 in June. The sentiment indicator hit... its recovery trend, dropping by 7.3 points in July to -32.9 points, after a drop of 3.4 points... confidence improved by 4.4 points to 7.4, from a drop by 4.1 points to in June. Staying positive

    9%

  8. Deposits record growth of 5 bln in Dec, balance at highest since summer 2011
    Photo via https://flic.kr/p/MsYXsT

    EconomyMacroeconomy

    with a jump of 5 billion euros, after a drop of 591 million euros in November, based on Bank of Greece (BoG) figures released on Friday. After the first back-to-back drop since March this year, December... and other deposits were up by 653 million to 24.1 billion. Corporate deposits grew by 1.79 billion euros

    9%

  9. Industrial production returns to growth of 2 pct in September
    Photo via https://flic.kr/p/8svhf

    EconomyMacroeconomy

    a drop of 2 percent, after an increase of 0.9 percent in the previous month. The annual movement in the index was led by electricity supply rising by 13 percent, while water supply was up by 1.1.... The manufacturing index drop was in wood and products of wood and cork, except furniture, textiles

    9%

  10. Newsletter 473 - 01/08/2025

    Newsletters

    of dodging responsibility. The Communist Party KKE decried the vote as a manipulation and cover-up..., after a sharp 41.3 pct annual drop seen in March. This has taken the number of permits during the first four months of the year at 8,444, a sharp drop of 26 pct. The corresponding surface over

    9%