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  1. Travel balance increases more than eightfold in May from last year’s lockdown
    Photo by MacroPolis

    EconomyMacroeconomy

    month of 2020, the YoY change showed a drop of 97.4 percent to 21.7 million euros. For euro... of the year, travel receipts fell by 51.2 percent to 317.4 million euros. Payments recorded a drop... in the aggregate period versus 337.4 euros for the same period last year. In total, arrivals showed a drop

    3%
  2. Economic sentiment rises above 111 pts in July but consumer confidence drops further
    Photo by MacroPolis

    EconomyMacroeconomy

    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... a drop of 2.2 points month-on-month, staying positive at 10.8 points for four straight months. Finally

    3%
  3. Travel balance increases by wide margin in June from last year's tourism collapse
    Photo by MacroPolis

    EconomyMacroeconomy

    and stood at 557.5 million euros in June. For the same month of 2020, the YoY change showed a drop... to 1.11 billion euros. Payments recorded a drop of 41 percent to 281.8 million, which took the overall... year. In total, arrivals showed a drop of 20.4 percent in the first half of the year and came

    3%
  4. Newsletter 307 - 10/09/2021

    Newsletters

    of 2019 and had endured five continuous quarters of GDP drop, with the sharpest on record in Q2 last... an impressive drop in bad loans on banks’ balance sheets, with the NPE ratio dropping to 21.3 pct... of business loans. The impressive quarterly drop was led by 10 billion euros by Alpha Bank and 13.5

    3%
  5. Impact of pandemic, lockdowns reflected in lower household spending during 2020
    Photo by MacroPolis

    Society

    expenditure in 2020 came to 15,982 euros per year, or 1,332 euros per month, a drop of 9.9 pct... by 62.7 pct. Recreation and culture follow with a drop of 54.5 pct and restaurants, cafes and hotels down.... As expected, restaurants and cafes saw their share drop significantly by 3.1 points to 8 pct. Recreation

    3%
  6. Newsletter 332 - 18/03/2022

    Newsletters

    this has not yet translated into a significant or sudden drop in support for ND, the fact that its... over the last few quarters, which saw the stock of main pensions applications drop from the high... of unemployed remaining below the 600,000-mark, noting a drop of 17.4 pct annually. Import Prices

    3%
  7. Unemployment remains at 12.8 pct in Feb, lowest since summer 2010

    EconomyMacroeconomy

    to 603,025, a drop of 14.2 percent. For the first time since March 2010, unemployment temporarily... the rate for men stood at 10.1 percent, a drop of 3.2 pps year-on-year. Youth unemployment dropped... in the same period last year, a drop of 24,974 job postings.

    3%
  8. Unemployment dips to 11.8 pct in Sep for lowest rate since 2010
    Photo by MacroPolis

    EconomyMacroeconomy

    of the year did not see the desired drop given the seasonality of the labour market and the solid tourism... to 556,324, a drop of 10.5 percent. Unemployment is now consistently below the 600,000-mark, approaching... percent, a drop of 0.4 pps year-on-year. Youth unemployment rose by 2.3 pps year-on-year to 28.5 percent

    3%
  9. Public debt records back-to-back quarterly drops, falling to 393.49 bln in Q3
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s central government debt recorded a small drop of roughly 700 million euros in the third quarter of the year to 393.49 billion euros, after falling by 365 million to 394.18 billion euros... debt movements reflect a drop of 1.5 billion euros in bonds and a small drop in loans related

    3%
  10. Unemployment drops to 11.6 pct in Oct, lowest since 2010
    Photo by MacroPolis

    EconomyMacroeconomy

    quarter of the year did not see the desired drop given the seasonality of the labour market..., amounting to 542,941, a drop of 12.6 percent. Unemployment is now consistently below... stood at 8.4 percent, a drop of 1.6 pps year-on-year. Youth unemployment dropped by 5 pps year

    3%