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Building activity starts 2025 with sharp YoY drop of 17 pct in permits
EconomyMacroeconomydrop recorded in Central Macedonia with 31.1 percent. The largest rise was in Western Macedonia..., permits were up by 14.9 percent YoY to 30,992. The corresponding surface area was up by 16.8 percent... points, from 7.2 in the previous month. The index is up roughly 17 points on the rolling 12-month basis.
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Of symmetry and adjustments in the eurozone
Agoraadjustment. The increase of youth unemployment and the dramatic drop in investment rates, not only... reasons why an export-led model cannot work: The first is the many times recalled fallacy... on an export-led growth model Germany and Europe will be forced to rely on somebody else’s growth
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Wages index edges up YoY in Q1 after sinking by 24.8 pct since 2010
EconomyMacroeconomyconsecutive quarters in negative territory. The cumulative drop in the wages index stands at 24.8 percent... for the fifteenth straight quarter showing a drop of 1.8 percent to 73.3 in Q1 2014. This is the lowest.... That said, its YoY evolution shows a cumulative drop of 26.6 percent of nominal wages over the past
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Greek corporate lending rates up to 250 bps higher than eurozone average
EconomyMacroeconomyaccession to the eurozone in 2002. It also points to a cumulative drop by 90 bps since last June when capital controls were imposed. Following the drop in February, the time deposit rate in the Greek market... on housing loans by 20 bps to 2.55 percent partially offsetting a drop by 34 bps posted in January
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Building activity up by 5.4 pct in Feb, permits remain below 1,000
EconomyMacroeconomypermits, up from the figure of 926 that was reported in January, but staying under the 1,000-mark... issued in 2005. The most recent quarterly Bank of Greece (BoG) figures showed a 0.3 percent drop in apartment prices year-on-year in the fourth quarter of 2017. This followed a drop of 0.6 percent in Q3
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Building permits rise by 9.8 pct in July, up by 8.4 pct in 7-month period
EconomyMacroeconomyBuilding permits rose by 9.8 percent in July, a drop from the figure of 16.2 percent in June... number of permits was issued in Attica (371 permits), up by 3.1 percent compared to last year... after a drop of 0.2 percent in Q1. The latest figure marks the first increase in apartment prices since
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Travel surplus up to Oct down by 78.2 pct as receipts plummet
EconomyMacroeconomybillion a year ago, a drop of 60.7 percent year-on-year (YoY). With Greece entering a lockdown due... to 629.5 million euros. For euro-denominated countries, receipts showed a drop of 44.9 percent... of 2019. Payments also recorded a drop of 69.4 percent to 695.1 million, Taking the overall travel
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Travel receipts up again in September, reaching 2.3 bln
EconomyMacroeconomyinternational tourist arrivals, up by 23 percent to 3.64 million euros, mitigated by a drop in the travel.... However, the strong rebound in volumes was mitigated by an 8.8 percent drop in the travel spending..., followed by tourists from France (+26.9 percent) and the UK (+14.5 percent). Arrivals from Germany were up
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Disposable income edges up by 0.2 pct in Q4 on second straight rise in compensation of employees
EconomyMacroeconomyfrom a revised drop of 2.8 percent in Q3, Hellenic Statistical Authority (ELSTAT) figures showed... displayed disposable income stood at 29.42 billion in Q4 up by just 63 million from last year... or 35.5 percent over the last six years attributed to the direct and indirect impact from a sharp drop
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Athens identifies drivers for growth as it draws up strategy for next years
Economy. It is then expected to pick up pace to 1.4 percent over the next two years, easing to 1.2 and 0.9 percent in 2021 and 2022. By 2022, private consumption is expected to drop to below 63 percent of domestic... recovery during the period thanks to pent up demand as confidence and sentiment improve, and due
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