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Building permits increase by 8.5 pct in September
EconomyMacroeconomyBuilding permits rose by 8.5 percent year-on-year (YoY) in September compared to a rise of 27... with 27 permits. During the first nine months of the year, building permits rose by 7.9 percent. Total... showed that apartment prices rose by 7.7 percent YoY during the second quarter (Q2) of the year from
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ND focusses on economic goals in run-up to budget vote
PoliticsGreek Politicsof the government’s agenda this week. Parliament is due to vote for next year’s economic plan... measures to enhance growth, improvements to the 120-instalment scheme for overdue debts, the end-of-year... additional surpluses, which the previous government could then share out at the end of each year
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Unemployment drops to 16.4 pct in Q3
EconomyMacroeconomyquarter (Q3) of the year, dropping from a rate of 16.9 percent noted in Q2, Hellenic Statistical... last year, the jobless rate has declined by 1.9 percentage points (pps) from the Q3 2018 figure... displaying the biggest year-on-year (YoY) declines in hires were agriculture, forestry and fishing
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Industrial turnover drops by 7.4 pct in October
EconomyMacroeconomyGreece’s industrial turnover edged down sharply by 7.4 percent year-on-year (YoY) in October, from... on Friday showed. October’s reading is the sixth negative reading in the year to date and the third... confidence edged down by 0.5 points month-on-month in November to 1.4 points. Year-on-year, industry
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Oct travel receipts up by 4.1 pct, boosted by rise in visitors from UK and Russia
EconomyMacroeconomyGreece’s travel balance rose to 1.19 billion euros in October from 1.21 billion a year ago... by 4.1 percent year-on-year (YoY). Travel payments jumped by 44.8 percent to 250 million euros. Foreign... the first 10 months of the year, travel receipts rose by 13.1 percent to 17.53 billion euros. Payments
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PDMA sets 2020 goals to build on improving conditions for debt
Economybreed confidence for the year ahead. The PDMA outlines that it completed four market transactions... the year, from 4.4 percent to 1.5 percent for the 10-year benchmark. Also, all T-bills below 52 weeks... scenarios for next year, only differing in the possible early repayments of official sector debt
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Deposits drop by 206 mln in November
EconomyMacroeconomy. In November last year, net deposit movement was negative by 79 million euros. A breakdown... billion euros in the first eleven months of the year. The aggregate figure for the same period last year showed positive inflows of 4.76 billion. This is equivalent to an increase of approximately 9
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Industrial production drops sharply by 8.1 pct in Nov
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) dropped by 8.1 percent year-on-year (YoY) in November... Commission that captures the whole of last year, industry confidence edged up by 0.6 points month-on-month to 2 points, closing the year up by 7 points. Additionally, Markit’s PMI closed 2019 at 53.9
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Trade deficit rises by 7 pct in November
EconomyMacroeconomyGreece’s trade deficit rose by 7 percent year-on-year (YoY) in November compared to a fall of 5.4... a drop of 11.4 percent compared to the same month last year. A breakdown of the figures by geography.... The aggregate figure for the first eleven months of the year showed that the trade deficit increased
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Deadline looms for troubled home protection scheme as insolvency law is lined up
Economygovernment early last year. The new legislation was effective from last April, under the condition that the latest scheme would expire at the end of last year and be replaced by a unified insolvency.... According to the most recent data, which was published towards the end of last year, roughly 30,000
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