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  1. Tourism responsible for up to 30.9 pct of GDP in 2018, study suggests
    Photo by Panayotis Tzamaros/Fosphotos

    Features

    in 2019, the INSETE noted that tourist arrivals could drop by up to 7 percent in 2019. In a publication... per person amounted to 526.70 euros, edging up slightly by 0.8 percent year-on-year. This stemmed... also highlighted how the crisis has impacted domestic tourism. Using data from ELSTAT up to 2017

    21%
  2. Retail turnover rises by 2.3 pct in June, volume up by 2.3 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    drop of 1.9 percent in May, Hellenic Statistical Authority (ELSTAT) data showed on Friday.... The corresponding volume index also rose by 2.3 percent after a revised drop of 2.2 percent in May... and stationary at 7.6 percent and supermarkets at 4 percent. Automotive fuel sales were up 1.8 percent. Those

    21%
  3. 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... (-38 million). At 37.1 percent of the total tax refunds make up the majority of the arrears

    21%
  4. Industrial production up 10.1 pct in Aug, marking 10-month recovery
    Photo via https://flic.kr/p/UF5yPQ

    EconomyMacroeconomy

    percent rise in manufacturing. The water supply index was also up by 4.3 percent. These were partially offset by a 7 percent drop in mining and quarrying. Up to August, the IPI has increased by 9.5 percent... (MoM), the index recorded a sharp drop of 13 percent, from a 9.4 percent monthly rise in July

    21%
  5. Building activity returns to growth in Sep, up 9 pct in 9M
    Image: MacroPolis

    EconomyMacroeconomy

    a drop of 4 percent in August, according to the data released by the Hellenic Statistical Agency..., with the biggest rise noted in the Ionian islands with 72.4 percent, and the largest drop in Thessaly... were issued in Western Macedonia with 35. During the first nine months of the year, permits were up

    21%
  6. Increased revenues push Greek budget primary surplus up to 2.28 bln at end of July

    EconomyMacroeconomy

    this year’s figure exceeded target. The 7-month item reached 28.24 billion, up 2 percent. More... in July. Nevertheless, the 7-month figures still indicate a year on year drop of 2.2 and 4.4 percent... on year. The 7-month figures indicate a drop of 17.6 and 0.6 percent respectively. Note

    21%
  7. Banks gear up for stress tests, with results due in May

    EconomyBanking

    growing by a steady rate of 0.9 to 1.1 percent, residential real estate values will drop marginally... percent each year to 2020. In the adverse scenario, GDP is assumed to drop by 1.3 percent in 2018... the baseline. On prices, a resumption of deflation is assumed up to 1.8 percent in 2020, 5.7

    21%
  8. Building permits up by 4.4 pct in May and 5.3 pct in first five months
    Photo by MacroPolis

    EconomyMacroeconomy

    number of permits was issued in Attica (279 permits), up by 2.2 percent compared to last year... quarter of the year after a drop of 0.2 percent in Q1. The latest figure marks the first increase... drop of 1 percent, improving against the drop of 2.4 percent in 2016. The latest confidence indicator

    21%
  9. Births drop 14 pct since start of crisis as Greece faces wider population worries

    Society

    up to 230,000 people being able to claim these tickets that allow them to see doctors without charge...: 2009 (117,933), 2010 (114,766), 2011 (107,200), 2012 (100,980). This means the drop since 2009 reached

    21%
  10. Piraeus Bank net losses at 332 mln in Q4 2014, NPLs drop under 39 pct
    Photo by MacroPolis

    EconomyBanking

    percent drop in time deposits, while savings and sight rebounded by 8.3 and 4.3 percent QoQ... showed ELA funding at 14.5 billion and ECB funding at 14.7 billion, almost entirely made up by 14 billion

    21%