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Newsletter 213 -07/01/2019
Security Fund’s (EFKA) latest employment data as of December 2018 has shown that around one in three... to the latest data from Markit PMI. After a rapid uptick in recent months, June’s reading signals the lowest... of 31.38 billion. The latest deposit movement kept the aggregate balance in positive territory
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GDP rises by 0.8 pct QoQ in Q2, increases by 1.9 pct YoY
EconomyMacroeconomyincreased by 1.1 percent. The latest MTFS anticipated gross fixed capital formation rising by 12.5... increased by 6.9 percent. The latest figures from the Greek Tourism Confederation (SETE) showed... percent year-on-year. Regarding travel revenue, the latest figures from the Bank of Greece for June
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Athens waits for credit rating upgrade as 10-year yield drops to new low
Economydecade-long crisis and it was the first 10-year issue since 2010. The latest transaction comes on top... and although New Democracy expects acceleration to 2.8 percent for 2020, the latest estimates from... to be more clarity on the pensions front as the latest reform, known as the Katrougalos law
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Govt proposes property VAT reduction to kickstart home sales
EconomyFeaturesduring Greece’s crisis years. The latest Bank of Greece (BoG) property price data from the second.... The latest quarter’s increase was the highest since Q1 2007 when a YoY rise of 8.7 percent... totalled 37 percent. According to the latest data from BoG, as of June this year 43.1 percent
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Greece falls to 79 out of 190 economies in ease of doing business ranking
EconomyFeaturesThe latest Doing Business Indicators report for 2020 by the World Bank Group has shown that Greece... to register a property in Greece has not dropped below 10 since 2005. Between 2005 until the latest survey... by Greece’s problematic judiciary system. The latest survey found that the procedures involved take
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S&P raises Greek rating to 'BB-' on reduced fiscal risks, lifting of capital controls
Economythat the reversal of payouts affects only the period following the ruling. Although the latest decision... percent annually, despite the latest increase in the minimum wage. At the same time, one consideration... to 20 percent or lower.” Outlook The agency views favourably the latest constitutional developments
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Greek pupils score below average in international rankings as long-term problems persist
SocietyThe poor condition of Greece’s state education system has been laid bare in the latest OECD’s... since 2000. According to an analysis by the diaNeosis thinktank, the latest results once more showed..., the latest results showed that Greece lost 10 points in reading, 2 points in mathematics and 3 points
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GDP rises by 0.6 pct QoQ in Q3, increases by 2.3 pct YoY
EconomyMacroeconomy. The latest figures from the Bank of Greece for September showed travel receipts came to 2.85 billion... receipts rose by 14 percent to 16.09 billion euros. According to the latest budget, exports of goods... in 2021. The latest European Commission’s (EC) forecast for 2019 showed that GDP is expected to grow
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Ankara tension tops govt agenda, overshadowing social dividend and primary residences
PoliticsGreek Politicsafter it wrapped up on Friday the latest tax legislation and announced the details of this year’s..., Foreign Minister Nikos Dendias described as “more than provocative” Turkey’s latest moves. He also... the latest round of tax cuts, for businesses and individuals, in the legislation. In his speech to MPs
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Apartment prices rise by 9.1 pct in Q3, hitting series high
EconomyMacroeconomyin 2018, compared to an average price contraction of 1 percent in 2017. The latest quarter’s increase.... The latest YoY apartment price increase overall beats the series high of 8.7 percent noted in Q1, 2007.... Finally, according to the latest data from the European Commission, the construction confidence
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