Search
-
RRF proposals and Pissarides report chart direction of travel for post-pandemic Greece
PoliticsGreek Politicstransform the Greek economic model. The submission of the national proposals for the EU’s Recovery... in scope, amounting a ten-year plan for the transformation of the Greek economic model. The report... to a more extrovert model with more exports and more inward investment. The report claims
21% -
Mitsotakis makes bid to dissuade farmers from continuing their protests
PoliticsGreek Politicsadministration is prepared to “scrape the barrel” to come up with available funds. Reports suggest... model” regarding universities, rather than the system used in Cyprus. He argued... with state-funded universities. He argued that the Cypriot model, by contrast, is more of a money
21% -
Industrial turnover up 0.4 pct in July for rare second straight month of growth
EconomyMacroeconomycontinued heading south, showing a drop of 4.4 percent. The slight increase in July largely stems from... markets slipped 2.9 percent. The latter is mainly due to a drop in the turnover for the non-euro zone... that the highest rise was posted in mining of coal and lignite (up 41.4 percent), followed by other mining
21% -
Travel receipts up 13.3 pct in March as tourist arrivals increase by 34.4 pct
EconomyMacroeconomyis fully attributed to international tourist arrivals surging to 613,100 (up 34.3 percent). However, the strong volume growth was to a large extent offset by a 15.3 percent drop in the average non-resident... to soaring international tourist arrivals (up 45.6 percent) to 1.73 million, which more than offset
21% -
Industrial turnover up by 8.1 pct in June for eighth consecutive rise
EconomyMacroeconomytrailing index up by 10.3 percent, also reflecting a weak performance in the second half of 2016... and quarrying which increased by 11.9 percent. It is noted that this sector makes up a fraction of the total... with energy increasing by 13.5 percent. Intermediated goods were up by 9.3 percent, capital goods
21% -
Apartment prices up by 4 pct in Q1 for highest increase since 2007
EconomyMacroeconomyby 1.7 percent, picking up against the rise of 0.8 percent between Q3 and Q4 2018. On average in 2018... to a decrease of 1.2 percent in 2017. Properties up to five years old saw price increases of 4 percent compared to an increase of 2.5 percent in Q4. Across 2018, prices of properties up to five years old
21% -
Tourism responsible for up to 30.9 pct of GDP in 2018, study suggests
Featuresin 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% -
Retail turnover rises by 2.3 pct in June, volume up by 2.3 pct
EconomyMacroeconomydrop 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% -
General govt primary cash deficit at 7.01 bln in Sept, arrears up by 113 mln
EconomyMacroeconomytime 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% -
Industrial production up 10.1 pct in Aug, marking 10-month recovery
EconomyMacroeconomypercent 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%