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Producer prices rise by 26.2 pct in Nov, up by almost 50 pct since 2021
EconomyMacroeconomyThere was another drop in the pace of Greece’s Producer Price Index (PPI) in November, rising... on Friday. The index was in negative territory for most of 2020 and up until March 2021, when it grew... percent, then electricity and gas up 42.4 percent, then paper products that increased by 17.4 percent
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The conundrum of Greek olive oil exports
EconomyFeaturesin Spain. But Greece’s olive oil export model is stuck in a rut. That’s because the vast majority... the mould of the current export model. The figures tell the story of how beneficial a change in strategy... model would increase efficiency, strengthen marketing and in turn help the branding of Greek olive oil
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Growth conditions improving but more work needed over longer term, PBO suggests
EconomyMacroeconomyagainst an import model driven by private consumption, since this is not a productive model and is too similar to the consumption model which was partially responsible for sparking the Greek economic.... In absolute terms, the largest decline was noted in those owing up to 500 euros (-189,956 or -8.63 percent
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Survey shows investor interest remains solid
EconomyFeaturesinvestment. This is up from last year’s answer of 50 percent. Furthermore, 69 percent think... from 69 percent to 52 percent in the last survey, adding to hopes that Greece’s economic model... production model based on the stimulation of industrial extroversion, the integration of digital technology
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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
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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
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Greek PMI edges up in March but exports, factory output fall
EconomyMacroeconomy) of 2015 of 48.5 is the lowest since Q3 2013. The movement in March reflects a drop for the third... work. However, data displayed further marginal gains in employment, while price indicators ticked up... to competitive pressures and weak market demand. Although the rate of drop was solid
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Greek stocks edge up in week of big losses for banks
Economygeneral index edged up to 658.84 on Friday despite the drop of 1.73 percent recorded in the last... to more than 62 percent. The discount of the offer prices ranging between 34 percent for Alpha up... percent). The average daily turnover remained virtually unchanged at 42 million, with a notable drop
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Stable rate in time deposits, corporate loan rates pick up in July
EconomyMacroeconomymonths, after a notable drop by 90 bps following the imposition of capital controls at the end of June 2015. During the conference calls of the second quarter results, most banks indicated further drop... percent in July, at their lowest level since 2002. Loans Corporate loan rates picked up in July
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Travel receipts up by 14.2 pct in Oct but 10-month figure drops 4.2 pct
EconomyMacroeconomya drop in the average expenditure per trip by 9 percent to 537 euros, while non-resident arrivals rose..., receipts from Russia rebounded by 4.8 percent. Summing up, travel receipts from EU countries edged... posted a sharper drop of 12.7 percent to 3.54 billion. Although arrivals are expected to record
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