Search
-
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
24% -
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
23% -
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
23% -
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
23% -
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
23% -
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
23% -
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
23% -
Travel receipts drop by 4.1 pct in Oct for second straight fall
EconomyMacroeconomythe other major countries posted a drop. Specifically, US arrivals contracted 31.6 percent followed... bringing the 10-month travel surplus up 5 percent to 11.86 billion. The year to date growth in receipts... figure. SETE has also estimated direct tourism revenues to reach 14.5 billion in 2015, up by 1
23% -
Travel receipts drop by 7.8 pct in March, higher fall in payments leads to soaring balance
EconomyMacroeconomypercent drop which was recorded in February, Bank of Greece (BoG) figures showed on Tuesday. Receipts... payments dropped at a faster pace by 19.4 percent to 373.1 million. This pushed the travel surplus up... of the year up by 14 percent to 1.85 million. SETE estimates that foreign arrivals will increase by 1.2
23% -
In first decline for six months, March car sales drop by 9.5 pct
EconomyMacroeconomya drop of 7.5 percent was noted. Car sales for the month came to 17,205 compared to 19,014 in March... standing at 14,811. The remainder was made up of motorcycles (2,729), lorries (2,263), and buses (131... months were made up of lorries (7,373), motorcycles (6,560) and buses (419). Motorcycle sales rose
23%