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Government lines up new zoning scheme, fuelling debate over growth model
PoliticsGreek PoliticsThe government has unveiled its plans to introduce a new zoning plan, which it says will restore some order to construction activity in Greece but which others fear will pave the way for more building in areas outside of the updated scheme. The new plan...
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Eurosystem funding drops by 5.1 bln in Aug driven by ELA fall
EconomyMacroeconomyAssistance (ELA) funding by 3.70 billion euros, the largest drop since June 2016. Additionally... was largely foreseen after successive lowerings of the ECB’s ceiling to Greek banks. The most recent came on September 7 when it was announced that the ELA ceiling for Greek banks would be reduced
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Eurosystem funding falls by 4.38 bln in October as ELA declines
EconomyMacroeconomyto stand at 37.34 billion euros, the lowest reading to date. The monthly movement was driven by a drop... the funding ceiling for Greek banks for several months now. The most recent reduction came on November 9 when it was announced that the ELA ceiling for Greek banks would be reduced further by 1.7 billion euros
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Eurosystem funding falls by 4.46 bln in November, banknotes in circulation decline
EconomyMacroeconomymovement was driven by a drop in Emergency Liquidity Assistance (ELA) funding by 2.90 billion euros..., as the ECB has been lowering the funding ceiling for Greek banks for several months now. The most recent reduction came on November 23 when it was announced that the ELA ceiling for Greek banks would
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Car sales drop by 8.7 pct in Jan for first drop since Feb 2021
EconomyMacroeconomyAuthority (ELSTAT) data released on Friday. In January 2021, the year-on-year change was a drop of 27.8 percent. Car sales in January came to 14,044 compared to 15,983 last year, a drop of 12.1 percent
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Energy drives drop of 4.2 pct YoY in import prices drop for June
EconomyMacroeconomyGreece’s import price index continued its contraction in May, with a drop of 4.2 percent year-on-year (YoY), after a sharp 6.3 percent decline in the previous month, according to data released..., the index also decreased by 0.7 percent, from a drop of 3.9 percent in the previous month. The index
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Google mobility report illustrates stark drop in activity due to Covid-19
Society. This compared to a 94 percent drop in Italy and Spain, a 77 percent drop in Germany and a 24 percent drop... in Greece fell by 55 percent against the baseline, while in Italy the drop came to 90 percent. In Spain... percent. The Greek data showed that visits to transit stations fell by 71 percent. In Italy, the drop
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Newsletter 275 -27/11/2020
a ten-year plan for the transformation of the Greek economic model. The report includes radical changes to tax policy, social insurance and the education system in order to move to a more extrovert model... budget, mostly driven by a sharp drop in private consumption by 7.6 pct, investments by 14.3 pct
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Newsletter 291 - 02/04/2021
as “a unique opportunity to radically change the Greek economic model, to guide the economy towards a more extrovert, competitive model, with a more effective, digitised state, a growth-friendly tax system... lockdowns. Greece’s retail sales index decreased by 5 percent in January following a revised drop
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Newsletter 297 - 21/05/2021
and transformation of the country’s economic model. It also acknowledges the need for a radical overhaul of the country’s productive model. However, the emphasis, as presented by Tsipras, is on more... or 7.4 percent. The number for the unemployed amounted to 714,809 in January. The drop in the number
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