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Credit contraction decelerates to 0.9 pct in April, net additions climb to 659 mln
EconomyMacroeconomy. The positive flow in April is almost entirely attributed to corporate sector net additions of 763... positive for the third successive month, with net additions climbing to 763 million in April
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Newsletter 279 - 05/03/2021
Covid-19 cases – the highest daily total so far this year – while seven hospitals in Athens ran out... closures dropped during the pandemic Only one sector saw an increase in the number of closures in 2020... and motorcycles” which saw 8,082 closures. Mostly this was due to it being one of the most populous sectors
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EU makes dramatic revision to economic forecasts, sees recession of 2-4 pct this year
EconomyThe European Commission (EC) published on Wednesday its assessment following the official Greek request for a 3-year loan from the European Stability Mechanism (ESM). The document showed that due to the strong deterioration of Greece’s economic and fina...
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Greece’s dramatic year reflected in ATHEX 2015 results
EconomyThe Board of Directors of Hellenic Exchanges-Athens Stock Exchange (ATHEX) released its annual financial results for 2015 on March 21, 2016, showing that the consolidated net after tax profits of group amounted to 9 million euros compared to21 million i...
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Special ELSTAT report reveals dramatic changes in labour market since 1980s
EconomyMacroeconomyThe drastic changes in the Greek labour market were depicted in a special report released by the Hellenic Statistical Authority (ELSTAT) on Friday, which showed the evolution of a number of important features from 1981 until 2015. The labour force in Gr...
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Consensus, conviction and the anti-racism bill
Agoraof consensus and saw herself as a “conviction politician,” she may have been smiling down as the heads... blows. A surge for far-right Golden Dawn is of particular concern to government officials. One... and elsewhere rather than to back the anti-racism law now in an effort to disperse the far right
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Greece takes first round against Covid-19 but fight continues
Agorabeing put under lockdown. In the ensuing couple of weeks hospitals in Lombardy – a far better... and policymakers start to consider easing the lockdown. Testing is one potential bottleneck. So far.... It is to the credit of the decision-makers involved that they recognised their predicament and saw
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Economic sentiment up to 104.2 in May, construction confidence grows by 15.7 pts
EconomyMacroeconomyGreece’s economic sentiment (ESI) grew by 0.6 points to 104.2 in May versus 103.6 in April... represents the second highest reading for the year so far after February’s figure of 104.3. Compared to April 2017, the ESI has risen by 10.8 points. Although the overall index rose, consumer confidence
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Economic sentiment at 102.5 in June as improvement in subindexes slows
EconomyMacroeconomyin the year so far apart from March, when the figure dipped to 99.8. Compared to June 2017, the ESI...Greece’s economic sentiment (ESI) declined by 1.7 points in June and came to 102.5 versus... negative for a fourth month. In the year so far, industry confidence has declined by 1.8 points
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Economic sentiment reaches 105.3 in July, highest since June 2014
EconomyMacroeconomyGreece’s economic sentiment (ESI) rose by 2.8 points to 105.3 versus the reading of 102.5 in June... for all months in the year so far apart from March, when the figure dipped to 99.8. Compared to July 2017, the ESI has risen by 7.1 points. Consumer confidence also rose, increasing by 2.5 points to -49.9.
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