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  1. Eurogroup to approve release of bond profits but bid to repurpose funds falls flat
    Photo via Fosphotos

    EconomyProgramme

    onwards. It is due to drop to just over 2 percent of GDP from 2023 but New Democracy is hopeful it can... a significant drop in bond yields and the impact this has on the debt sustainability analysis. In the latest

    2%

  2. Current account lands on deficit of 673.4 mln in October, aggregate at deficit of 697.4 mln
    Photo via Flickr https://flic.kr/p/oDf3bQ

    EconomyMacroeconomy

    YoY. Total exports in October came to 2.77 billion euros, from 3.02 billion last year, a drop... last year, a drop of 11 percent. As noted, travel receipts increased by 4.1 percent and stood at 1.44

    2%

  3. New tax debt at 6.95 bln to Nov, down by 28.2 pct YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    from the IAPR. The total number of tax debtors rose by 35,683 month-on-month compared to a drop..., effective new tax debt for the month increased by 646 million euros, outstripping the drop

    2%

  4. Piecemeal process likely in drive for more fiscal space
    Photo by MacroPolis

    EconomyProgramme

    reduction will bring the cumulative drop to three percentage points. The implementation of this plan... billion euros, or 1 pct of GDP, and as such the primary surplus goal can drop to at least 3 pct over

    2%

  5. Industrial turnover rises by 11.3 pct in December
    Image via www.mytilineos.gr

    EconomyMacroeconomy

    Greece’s industrial turnover increased by 11.3 percent year-on-year (YoY) in December, recovering from a revised drop of 8 percent seen in November, Hellenic Statistical Authority (ELSTAT) data... led by a drop of 25.7 percent in coal, lignite and oil and gas extraction activities

    2%

  6. Apartment prices rise by 7.5 pct in Q4 and 7.2 pct in 2019
    Photo by MacroPolis

    EconomyMacroeconomy

    annual fall was posted in 2012 (-11.7 percent), followed by another double-digit drop of -10.9 percent... a YoY drop of 12.8 percent. Since Q1 2018, apartment prices have retained an upward trajectory

    2%

  7. Newsletter 243 -13/03/2020

    Newsletters

    , following a drop of 1.2 percent in Q3. On a quarterly basis, the index rose by 1.7 percent quarter...) dropped by 1.2 percent in year-on-year (YoY) in January compared to a downward revised drop of 4.2

    2%

  8. Covid-19 presents new, significant challenge in banks' effort to reduce NPLs
    Photo via Flickr https://flic.kr/p/4hVnhM

    EconomyBanking

    targets submitted to the ECB’s supervisory authorities, the ratio is due to drop to 20 percent... that as revenue collapses for companies and incomes drop for workers, up to 1/10 of the existing stock

    2%

  9. Tourism industry braces for outcome of gloomy Covid-19 scenarios
    Photo by Aggeliki Koronaiou/Fosphotos

    EconomyFeatures

    rescue the tourism season, Greeks are very likely to see a drop in their disposable income due... under pressure to drop their prices. In addition to this, as of Sunday night, all hotels whether

    2%

  10. Trade deficit up by 7.8 pct in February
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s trade deficit increased by 7.8 percent year-on-year (YoY) in February compared to a drop of 9.8 percent in January, data from the Hellenic Statistical Authority (ELSTAT) released on Tuesday..., recording a drop of 2.1 percent compared to the same month last year. A breakdown of the figures

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