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GDP continued to slow in Q4, rise for 2023 at 2 pct
EconomyMacroeconomy. On an annual basis, Q4 GDP decelerated to 1.2 percent year-on-year (YoY), from a 2.1 percent YoY rise..., while investments decreased by 1.2 percent. Exports rose by 2.1 percent year-on-year, imports were... than the Finance Ministry estimate for last year. Outlook According to the latest Finance Ministry
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Underwhelming GDP highlights investment falling short of mark
EconomyMacroeconomy, as minor movements were recorded during the year and, after the latest revision, the first quarterly... pct and 2.1 pct in the first three quarters of the year, and slowed to 1.2 pct YoY in Q4. Probably... of the RRF loans via commercial banks. In the end, fixed capital formation grew last year by just 4 pct
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Newsletter 422 - 26/04/2024
organisation. Kassidiaris and 11 current and former Spartiates MPs were charged earlier this year... damaged by the PM’s decision to push ahead with the same-sex marriage legislation earlier this year, which..., after the 35 billion euros of offers of the 10-year issues at the start of the year. The yield
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Newsletter 423 - 17/05/2024
the two countries’ ties for the last year or so, despite differences on several issues. However... of a conference to mark the six-year anniversary of the deal. On the right, Greek Solution leader... entered its second term, with a difficult first year, and has suffered wear and tear. This should
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Newsletter 424 - 24/05/2024
than those of the Finance Ministry. For growth to reach the region of 2 pct this year... of a strategy adopted last year to keep building on the existing yield curve, improving the liquidity... and 3 billion euros in April via a 30-year benchmark. This brings the execution of this year’s
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Newsletter 425 - 31/05/2024
tenants. Among the measures mooted is a cap on the number of days a year that homes can be let on Airbnb... to opposition parties, who are stoking expectations of an election day surprise. Last year’s national election... in the study is for 2022, not capturing the effects of inflation last year that will only compound
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Newsletter 430 - 05/07/2024
that the social democrats should move ahead with a new leadership contest, around a year ahead of schedule... in the previous month. Orders continue to grow, though the rate of increase was the lowest of the year. Export orders grew only marginally to the slowest since the end of last year. Firms recorded ongoing
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Newsletter 431 - 12/07/2024
that they will not take vacation this year because they cannot afford it. One in three of those surveyed said... is expected to break another record this year and reach 21 billion euros in travel receipts. This has pushed... months of the year shows low demand for housing loans, with just 550 million euros extended so far
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Bumper results for banks add to frustration over interest rates, fees
EconomyBanking, with strong profitability and building on last year’s performance that allowed them to distribute total.... This was a jump that ranged from 40 to 65 pct year-on-year. In H1, total NII topped 4 billion euros, indicating that last year’s interest performance is due to be repeated this year. Greek bankers
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Boosted by seasonal factors, quarterly unemployment drops below 10 pct for first time since 2009
EconomyMacroeconomywas in the Northern Aegean at 5.4 percent. The number of long-term unemployed (more than 1 year) came..., 114,300, has not worked for more than four years, though dropping by 18.7 percent year-on-year. Most... and rising by 3.1 percent year-on-year. There were 2.67 million people in permanent jobs, a rise of 2 percent
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