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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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Industrial turnover up by just 0.3 pct YoY in Oct as manufacturing growth, domestic market slow
EconomyMacroeconomy, from a strong rebound of 13 percent drop in September, according to data released by the Hellenic... by just 0.3 percent, from a 0.2 percent drop in the previous period. Manufacturing revenue rose by 0.3... decreased by 1.8 percent, while the non-domestic market was up by 4.4 percent. On a monthly 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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Deposit outflow rises to 4.7 bln in April as balances drop to lowest since Sept 2004
EconomyMacroeconomya drop by more than 19 percent on the end-November balance of 164.3 billion. The depositor sentiment... of agreement with the eurozone. Time deposit outflows of 27.63 billion made up the bulk (88 percent... of Greek banks’ Eurosystem funding to 112.84 billion at the end of April, up by 68 billion on the end
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Travel receipts fall by 5.4 pct in Sept for first drop in 2015
EconomyMacroeconomyreflect a drop in the average spending per trip by 5.8 percent to 569 euros, while non-residents... a surplus of 11.07 billion, up by 5.8 from last year’s figure of 12 billion. Unlike September... over the 2014 respective item. SETE also projects direct tourism revenues of 14.5 billion this year, up
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