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  1. Economic sentiment at 107 in November, consumer confidence continues to strengthen
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    at 1.4 points. Year-on-year, industry confidence has risen by 4.6 points. The services index rose by 2.4 points month-on-month to 17.8 points. Year-on-year, the service confidence indicator has improved... of 15 points year-on-year. Finally, the construction confidence indicator fell by 1.3 points to -51.7

    1%

  2. PPC posts net loss of 353.2 mln in 9M as energy mix charges hit
    Photo via https://flic.kr/ps/Us79n

    EconomyCorporates

    that turnover rose by 3.4 percent year-on-year (YoY). Turnover came to 3.61 billion euros from 3.47 billion euros for the same time last year. The rise in turnover was mainly due to increased demand... 82.3 percent last year. EBITDA came to 96.9 million from 359.2 million, down by 73 percent YoY

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  3. Speculation about snap elections in 2020 refuses to die down
    Photo by MacroPolis

    PoliticsGreek Politics

    elections next year, although the government has denied this is a possibility. Even though MPs voted... of Parliament electing a new President of the Republic, which is due to take place early next year, the local... a surprise next year is that he does not have the necessary qualified majority of 200 votes in Parliament

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  4. Economic sentiment rises to 109.5 in Dec, hitting 12-year high
    Photo by MacroPolis

    EconomyMacroeconomy

    deteriorated. Industry confidence rose by 0.6 points month-on-month to stand at 2 points. Year-on-year... to 29.1 points. Year-on-year, the service confidence indicator has improved by 17.7 points. Retail trade dropped by 3 points month-on-month to 22 points, and showed a rise of 3.6 points year-on-year

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  5. Fitch raises Greece to 'BB,' two notches from investment grade, sees growth at 2.5 pct in 2020
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    last year. In its previous review last August, Fitch had noted that there was scope for positive... that the fiscal stance “will remain prudent” after the fourth consecutive year of beating the agreed target with creditors and Fitch expects the primary surplus to remain at 3.5 percent this year

    1%

  6. Economic sentiment at 108.4 in Jan
    Photo by MacroPolis

    EconomyMacroeconomy

    points. Year-on-year, industry confidence has risen by 7.3 points. The services index dropped by 3.9 points month-on-month to 25.2 points. Year-on-year, the service confidence indicator has improved... of 1.5 points year-on-year. Finally, the construction confidence indicator dropped by 7.9 points

    1%

  7. Newsletter 238 -07/02/2020

    Newsletters

    growing by 2.4 percent this year, edging slightly higher to 2.5 percent in 2021 and 2022. Home price... time last year, the unemployment rate came to 18.6 percent. The current month’s reading is the lowest... by 6,990 people compared to October. Year-on-year, the figure for those employed increased by 76,463

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  8. Building permits increase by 12.4 pct in November
    Photo by MacroPolis

    EconomyMacroeconomy

    Building permits rose by 12.4 percent year-on-year (YoY) in November compared to a rise of 12.6... permits was issued in western Macedonia with 22 permits. During the first 11 months of the year, building... percent to 15,325, meaning that in the first 11 years of the year, 2019 has already beaten the full

    1%

  9. Newsletter 242 -06/03/2020

    Newsletters

    that it expects Greece’s economy to grow by 2.54 percent this year under the baseline scenario, lower than... in the last two months. The IMF expects average global growth of 3.3 percent this year, very slightly..., Greece’s GDP could grow by 2.2 percent this year against a baseline of 2.5 percent, which

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  10. Covid-19 effects spread across number of sectors
    Photo by MacroPolis

    EconomyFeatures

    , international passenger traffic fell by 62 percent year-on-year in March compared to rises of 2.8... that they would be profitable by the end of the year. Property In the property market, according... will reverse a strong year in 2019 for Greece’s property market, which saw the nominal value of apartments

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