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  1. Newsletter 255 -26/06/2020

    Newsletters

    to a trickle during the lockdown, with foreign arrivals down 96.2 percent YoY in April and travel receipts down 89.7 percent, and all hopes are now pinned on even a modest reopening in July. Meanwhile... that visitors from Germany fell by 99.2 percent to around 8,000. Those from France were down by 100

    2%
  2. Summer season looks under threat as revenues fail to materialise
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    and regional airports is down by more than 70 percent compared to last year. The seats offered.... At regional airports, domestic flights are down by 48 percent and international flights down by 71 percent... to the latest complete data set from AIA, international passenger traffic were down by 93 percent in June

    2%
  3. Alpha Bank posts net profits of 98 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    stood at 14.7 billion, unchanged from Q1 2020. The group NPL ratio stood at 30.2 percent, down from..., NII came to 772 million euros, edging down by 0.7 percent YoY. The Net Interest Margin (NIM... under TLTRO III. Gross loans came to 48.8 billion as of the end of June 2020, down by around 300

    2%
  4. Newsletter 278 -14/12/2020

    Newsletters

    210,000 have shut down due to state-imposed measures and another 600,000 have been affected in some way..., there were just 119,575 hirings, down by 89,008 compared to last year. Layoffs were also lower by 89,634... by a large securitisation of one systemic bank and are down by 48.5 billion euros since the March 2016

    2%
  5. Labour market developments in Greece during Covid-19
    Photo by MacroPolis

    Agora

    to get unemployment down to, say, below seven percent, by the end of the 2020s? Since the peak... to bringing unemployment down. Participation. One cause of lower unemployment, besides new GDP.... They cannot find a job, are repeatedly turned down and then give up. This is known as the “discouraged

    2%
  6. Newsletter 297 - 21/05/2021

    Newsletters

    Kyriakos Mitsotakis warned Greeks at the start of the week not to let down their guard despite the fact... warned that the government would clamp down if it feels that there is an abuse of the greater freedom... down further by next month, when a greater number of visitors is expected in Greece. Monday’s

    2%
  7. Despite seasonal recruitment in accommodation and catering, hiring balance slows to 2,999 in July
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s employment balance slowed down in July with 2,999 more hires than departures, according... measures preserving jobs are wound down. Hires were down by 14,464 jobs compared to July last year..., with the highest in 30-44 with 13,978 more departures. Broken down by employment activity, catering had a positive

    2%
  8. Retail sales grow by 11.9 in Jul, but volume data continues to tell different story
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    were noted in clothes and footwear down by 12.9 percent and sales not in stores that dropped by 4.8 percent. The inflationary effects are reflected in further drops in volumes with fuels down by 2.6... August, is down by circa 11 points from the -39.8 of October last year. Retail trade remained

    2%
  9. Car market growth slows to 4.9 pct for 9M, from 23.1 pct last year
    Photo by MacroPolis

    EconomyMacroeconomy

    The rise in road motor vehicles going into circulation for the first time slowed down in September... figure standing at 13,691. The remainder was made up of lorries (1,825) and buses (113), both down... passenger cars rising by 30.5 percent and used passenger car sales down by 14.8 percent. New and used

    2%
  10. Car sales growth slows to 2.4 pct in Oct, taking 10-month rise to 4.5 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    The rise in road motor vehicles going into circulation for the first time slowed down further.... The remainder was made up of lorries (2,070) and buses (64), both down by 10.6 and 36 percent... and used passenger car sales down by 18.5 percent. In the ten months of 2022, 177,900 road motor cars

    2%