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Newsletter 226 -01/11/2019
. The Greek side argues that the drop in Greek bond yields over the last few months means that In clinching... shifted the entire Greek yield curve over the last six months, with all issues up to 20 years now... Deposits drop by 622 mln September reading marks first decline after six months Net deposit movement
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Apartment prices rise by 9.1 pct in Q3, hitting series high
EconomyMacroeconomyrise of 1.6 percent compared to a downward revised decrease of 1.2 percent in 2017. Properties up.... Across 2018, the revised figures show that the prices of properties up to five years old rose... drop of -10.9 percent in 2013. The sharpest quarterly rate of decline was seen in Q4 2012, when
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Construction slides again in May with fall of 8.7 pct YoY in building permits
EconomyMacroeconomydrop of 22.4 percent year-on-year (YoY) in April amidst the lockdown, according to Hellenic... of the 13 regions. The largest drop was noted in South Aegean (-33.2 percent), Epirus (-29.7... five months of the year, building permits are up by 16.1 percent. Total permits in the aggregate period
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Retail sector struggles through pandemic
EconomyFeaturesdiscounts in the post-lockdown period, building up to the summer sales, with clothing and footwear companies... by the drop in revenue this year. Almost eight out of 10 small companies with an annual turnover of less than 45,000 euros reported a drop in sales versus six out of 10 companies with a turnover of over
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Newsletter 289 - 19/03/2021
wards, and that if the numbers were not made up by volunteers, private practitioners could also... up the pace on bond purchases, thereby settling the latest sovereign bond markets jitters, Greece... in December There were 24,332 fewer unemployed people in December versus the previous month The drop
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Newsletter 298 - 28/05/2021
started to heal when the pandemic struck. The Finance Ministry is due to wrap up the relief drive... up to 72 months. In total, more than 40 billion euros of Greece’s own resources as well as European... Year-on-year, the figure for those employed decreased by 188,706 The drop in the number of unemployed
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BoG sees growth of 4.2 pct this year but warns of multiple challenges ahead
Economyfurther strengthened by the mild drop of 2.3 pct annually seen in the first quarter, as the authorities... and tourism picks up pace again from the very low base of 2020. Next Generation EU (NGEU) combined...-in the IFRS 9 requirements, the ratios drop to 11.8 pct and 13.8 pct. The BoG notes again that the portion
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Retail sales soar by 38.9 pct YoY in April, a year after first lockdown
EconomyMacroeconomydrop of 2.9 percent in March, according to Hellenic Statistical Authority data released... sector and non-food sector excluding automotive fuel also up by more than 90 percent. The annual volume... index in April inched up by 2.8 percent month-on-month, while volume increased by 2.2 percent
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Fitch maintains Greek 'BB' rating with stable outlook amid some lack of visibility
Economythe government’s forecast that sees debt-to-GDP drop to under 190 pct by next year. This year’s growth forecast is revised up due to improved performance during the first quarter of the year and lower carry over effects from 2020, up to 4.3 pct, from 3 pct previously. The growth estimate for 2022
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Draft 2022 budget represents first attempt to restore post-pandemic fiscal order
EconomyMacroeconomybillion euros on the spending side. This excessive fiscal laxity, although necessary, pushed up..., which combined with the economy tanking in 2020 pushed up the debt-to-GDP ratio from 180.5 pct.... This is an improvement of nearly 12 billion euros. The total deficit will drop to 6.76 billion euros, down to 3.6
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