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  1. Disposable income edges up by 0.2 pct in Q4 on second straight rise in compensation of employees
    Photo by MacroPolis

    EconomyMacroeconomy

    from 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%

  2. Athens identifies drivers for growth as it draws up strategy for next years
    Photo by Panayotis Tzamaros/Fosphotos

    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%

  3. 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%

  4. Deposit outflow rises to 4.7 bln in April as balances drop to lowest since Sept 2004
    Photo by MacroPolis

    EconomyMacroeconomy

    a 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%

  5. Travel receipts fall by 5.4 pct in Sept for first drop in 2015
    Photo by MacroPolis

    EconomyMacroeconomy

    reflect 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%

  6. Travel receipts drop by 4.1 pct in Oct for second straight fall
    Photo by MacroPolis

    EconomyMacroeconomy

    the 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%

  7. Travel receipts drop by 7.8 pct in March, higher fall in payments leads to soaring balance
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    percent 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%

  8. In first decline for six months, March car sales drop by 9.5 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    a 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%

  9. Employment balance positive by 2,338 in January; big drop in both hirings and departures
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , however, was the big drop in both hirings and firings. Total hirings in January came to 96,868 versus 94,530 departures. That only just makes up more than half the activity seen in the same month of 2020... for full-time work came to 66.9 percent. During the month, part-time and shift work made up 29.4

    23%

  10. Industrial turnover grows 33.3 pct YoY in Apr, but manufacturing leads monthly drop
    Photo by MacroPolis

    EconomyMacroeconomy

    in manufacturing revenue, partially offset by a drop of 24.3 percent in the mining and quarrying...-domestic market was up by 33.3 percent. In the domestic market, the rise in March was led by a 33.5... year, industry confidence is up by 3.8 points. Overall, Greece’s economic sentiment (ESI) recovered

    23%