Search
-
Marked improvement for budget execution in Oct, primary surplus outperformance extended
EconomyMacroeconomysurplus of 4.52 billion euros up by more than 70 percent compared to last year’s figure. At the same... rebounded by 19.6 percent in October after a drop by 20.1 percent in September. The October figure... is up by almost 1 billion euros, also including the quarterly VAT payment. Total ENFIA revenues
7% -
Loss-making Q4 and 2015 for Alpha, targets positive bottom-line in 2016
EconomyBankingto 1.3 billion in 2015, while stripping out integration and extraordinary costs the respective drop.... The bank estimates a further reduction in staff costs by up to 6 percent to around 500 million... in Q3 with the full year figure reaching 3.02 billion, up by 63.5 percent from last year. Alpha said
7% -
Healthy eating and smoking on decline in Greece over last five years
Society. Five years later, this share had fallen to 54.6 percent, a drop of 10 percent. The reduction... of ten people over 15 consumed red meat up to twice per week. As the 2014 collected information... they consumed 11–20 cigarettes a day, while three in ten smoked up to ten. About one in five smoked
7% -
Trade deficit rises 14.3 pct in Feb as exports fall for 10th month
EconomyMacroeconomyin February reflects an increase in imports by 1.9 percent coupled with a drop of 7 percent in exports... path for ten straight months. The absolute figures showed that imports edged up to 3.56 billion.... Exports to non-EU countries dropped by 15.9 percent, while those to EU countries edged up by 0.6
7% -
Brexit leaves Greece dangling precariously
Agorachief Martin Schulz have been talking up the idea of an ever-closer union. The battle to determine..., contributing around 2 billion euros to the country’s tourism sector, which makes up around a fifth... these numbers drop significantly. Previously, a decline in the number of visitors from Russia was felt
7% -
Tourism and exports expect impact from Brexit fallout
EconomyMacroeconomyyear, visitors from the UK made up 9.2 percent of total foreign arrivals in Greece, while..., recording an average drop of 2.3 percent per annum in the past four years. As a result, the bilateral... million in 2011 to 126 million in 2015. It is worth noting that exports to the UK made up 4.2 percent
7% -
SETE study presents short- and longer-term prospects of Greek tourism
EconomyMacroeconomypercent in Q4, with the full-year figure seen at 25 million in 2016 from 23.6 million in 2015 up by 6... in 2016. SETE points out that the average expenditure per trip has recorded a notable drop..., up from the 9.3 and 8.3 percent in 2014 and 2013 respectively, according to SETE. However
7% -
Greek stocks rebound 2.4 pct, banks edge down for fourth successive week
Economyto 576.12 on Friday, up by 2.4 percent this week. Since the end of July, Greek shares have edged up 0.8... losses were Alpha (-3.4 percent) and Eurobank (-2.7 percent), while Piraeus edged up 0.8 percent... (OTE) released its H1 results that showed a slight drop of 0.6 percent in turnover to 1.88 billion
7% -
Rise in number of Greeks insured in 2015 but average salary edges down
Economyemployment rose by 5.1 percent to 1.32 million making up 71.5 percent of total. Individuals with part-time... percent of total employed at the end of 2015, up from 27.6 percent in 2014. The average employment for full-time employees edged down by 0.7 percent to 23.26 days per month, while the respective drop
7% -
Travel receipts fall 3.5 pct in July, dragging balance down 5.9 pct
EconomyMacroeconomyfell by 4.8 percent to 6.78 billion, while the corresponding payments edged up by 2.9 percent to 1.18... year. The ongoing drop in the year to date revenue figures fully reflects a decline in the average..., arrivals from EU countries rose by 7.2 percent to 8.09 million by July making up two-thirds of total
7%