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  1. Current account shows deficit of 874.5 mln in July as travel receipts disappoint
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    of the secondary income account, which was partly offset by a significant drop in the balance of goods deficit along with the drop in the deficit of the primary income account. A decrease in the deficit

    2%
  2. Apartment prices rise by 4.1 pct in Q2
    Photo by MacroPolis

    EconomyMacroeconomy

    ), followed by another double-digit drop of -10.9 percent in 2013. The sharpest quarterly rate of decline was seen in Q4 2012, when apartment prices showed a YoY drop of 12.8 percent. Since Q1 2018, apartment

    2%
  3. Unemployment drops to 16.8 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    month, a drop of 8.2 percent. On an annual basis, the number of unemployed fell by 31,386 or 3.9 percent... down by age group, the largest annual drop in unemployment was seen in the 45-54 years age group

    2%
  4. Revised GDP data shows 1.9 pct growth in 2019, taking 2017-2019 upward streak to nearly 5 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    pct in 2011, 7.1 pct in 2012, followed by a more modest 2.7 pct GDP drop in 2013. The growth drivers... in 2019, as fixed capital formation decreased again in 2019 by 4.6 pct, following a drop of 6.6 pct

    2%
  5. Pandemic takes heavy toll on Greek workers, study finds
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    declined from 885 euros in Q2 2019 to 802 euros in Q2 2020, a drop of roughly 10 percent. There was also.... The biggest drop was for those earning salaries of between 401 and 600 euros, which stood at 16.3 percent

    2%
  6. Newsletter 271 -30/10/2020

    Newsletters

    , a drop of roughly 10 percent. There was also an increase in the number of persons receiving less... euros decreased by 11.3 percentage points. The biggest drop was for those earning salaries of between

    2%
  7. Newsletter 272 -06/11/2020

    Newsletters

    ) eight in 10 report a drop in sales, while 65 pct find the support measures of the government inadequate... revenues drop by around 70 percent this year. The industry is the largest employer in Greece after

    2%
  8. General govt primary cash deficit at 7.01 bln in Sept, arrears up by 113 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    time last year showed a surplus of 1.09 billion. A drop was also seen in local governments, where... in three out of six underlying subcategories. The biggest decrease came from SSFs with a drop of 22

    2%
  9. In negative territory for 12 straight months, industrial production drops by 2.4 pct in Sept
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    largely by a 16.5 percent decrease in the mining and quarrying index, along with a drop... percent compared to the same period in 2019. The aggregate was driven by a 8.1 percent drop

    2%
  10. Newsletter 275 -27/11/2020

    Newsletters

    budget, mostly driven by a sharp drop in private consumption by 7.6 pct, investments by 14.3 pct and exports lower by 30.3 pct, reflecting the drop in services. Imports are also seen falling by 17.4 pct

    2%