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Property prices rise by 7.3 pct YoY in Q2, index at all-time high again
EconomyMacroeconomyThe growth in the nominal value of apartments in Greece accelerated marginally in the second quarter of 2025, increasing by 7.3 percent year-on-year (YoY) from 7 percent in Q1 2025, Bank of Greece (BoG) data released on Wednesday showed. There has been ...
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Economic sentiment picks up in Oct, consumer confidence sliding again
EconomyMacroeconomyGreece’s economic sentiment (ESI) improved in October, with the index at 107.5 points, from 106.2 in the previous month, according to European Commission figures released on Thursday. Over the rolling 12-month period, October’s ESI was marginally up by ...
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Import prices contract again in Oct with 2.4 pct drop
EconomyMacroeconomyGreece’s import price index resumed the contraction in October, with a drop of 2.4 percent year-on-year (YoY), after a 0.4 percent increase in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday. Las...
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Where is Odysseus? Part 4 - Unemployment and Employment
Agora-age population. Again, we found a larger labor force than was assumed in 2018, in the baseline.... As a result, unemployment will ease off again from its peak. Similarly, when the economy runs hot..., which hurts competitiveness and lowers investment, hence lifting unemployment up again. Every
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Has external competitiveness been fixed in Greece?
Agorawas no longer available. Competitiveness deteriorated again through a peak in the REER in 2010. The REER declined again after the onset of the crisis, and price competitiveness, as measured by the IMF... based on inflation as indicated by the implicit GDP deflator (middle trend line). Once again, we
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Macroeconomic fundamentals for Greece
Agoraof elderly people are swelling—again a long and powerful slow-motion force. This “big picture” view..., for instance if Ukrainians (as refugees) and other foreigners come into the country or leave again... growth, employment, and fiscal numbers, again. The underlying structural or fundamental drag
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Where is Greek growth coming from?
Agoraagain, and my estimate suggests that it is now around 0.7 percent a year. Putting these supply.... The differences are once again striking: Greece spends much less than partner countries on investments... downturn again, perhaps constraining the recovery. A country with excessive consumption will have
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The allocation of labor resources in Greece and the EU-27
Agoraagain in 2020, perhaps related to the Covid-19 pandemic. At end-2020, the public sector employed 26..., real GDP was 7 percent smaller than in 2001. Alas, after 2014, employment started to grow again, albeit at a moderate rate. However in 2020, it leveled off again and began to slowly decline
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Productivity developments in the Greek public and private sector
Agoraas a whole. The Greek economy was severely hit in the early stages of the euro crisis, and again... again in Q2 2014 and has accelerated its decline in 2019 and 2020. Some of this latter result... in 2012/2013 was quite strong, but faltered again in 2014 and beyond. Figure 4 shows the same calculations
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Newsletter 14 - 06/02/2015
months. Time deposit rate falls again The interest rate on households’ new time deposits fell... by Varoufakis suggesting a debt swap rather than a haircut. Again, anyone observing what key players in SYRIZA... article referred to on Friday. Again, though, there appears to have been a breakdown in communication
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