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  1. Building activity collapses by 41.3 pct YoY in Mar due to uncertainty over construction code
    Image: MacroPolis

    EconomyMacroeconomy

    Building activity tumbled in March with a collapse of 41.3 percent year-on-year, after a sharp drop... dropped by 43.3 percent. On a regional basis, the picture was all negative, with the biggest drop recorded in Ipeiros in north western Greece with 70.9 percent, while Attica also recorded a sharp drop

    5%

  2. Building activity continues to slide in Apr, 4M permits down 26 pct YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    Building activity continued its slide in April with a drop of 17.3 percent year-on-year, after..., with the biggest drop recorded in Western Macedonia with 47.2 percent, while Attica also recorded a sharp drop of 26.5 percent. The domestic construction market has gone essentially on hold since a recent

    5%

  3. Trade deficit to July eased by 17.4 pct to 11.2 billion euros

    EconomyMacroeconomy

    compared to the 18.8 percent decline recorded in the first half of the year. The drop in July reflects... figures excluding the oil impact indicating a drop in both accounts at 4.8 and 5.8 percent.... The impact of oil bill was more pronounced in 7-month exports, which exhibited a 2.6 percent drop

    5%

  4. Greece’s building activity remained in deep red for August

    EconomyMacroeconomy

    to August also points to a sharp drop of 35.8 percent in permits, 34.8 percent in surface and 31.6... decline are Epirus and the Ionian Islands, which experienced a drop in excess of 55 percent over... and the Peloponnese, where it was just shy of 40 percent. Furthermore, the recorded drop in the Attica

    5%

  5. Trade deficit soared 27.4 pct in Sept, down 13.6 pct for year

    EconomyMacroeconomy

    Authority (ELSTAT). The change to September shows a sustained deceleration since the drop in the trade... an increase in imports by 7.9 percent to 4.03 billion euros, coupled with a 2.2 percent drop in exports... exhibited a 2.3 percent drop excluding the oil products, and much milder in imports - just 1.6 percentage

    5%

  6. Revenues at 4.77 bln in Oct, beating target for fourth straight month

    Economy

    recession is taking its toll on indirect taxes with key elements showing a low double-digit drop... in October and 11.1 percent to October) with the drop in VAT just shy of 10 percent for both periods... and -8.4 percent to October. The drop in grants to the social security sector decelerated to 13.1

    5%

  7. Building activity in Greece fell by nearly 40 pct in year to September

    EconomyMacroeconomy

    to September also points to a sharp drop of 34.1 percent in permits, 34.0 percent in surface and 32.1... and the Ionian Islands, which experienced a drop in excess of 51 percent over the trailing twelve.... Furthermore, the recorded drop in the Attica (Athens, Piraeus and suburbs) region, accounting for 22 percent

    5%

  8. Greece saw first annual deflation in almost half a century in 2013

    EconomyMacroeconomy

    The drop in Greece’s Consumer Price Index (CPI) decelerated to 1.7 percent in December after... as education are the two sectors mostly hit by deflation showing a drop ranging from 4.0 to 4.6 percent... and catering by 10 percentage points to 13 percent from 23 percent as of August 1 resulted in a drop

    5%

  9. Building activity posts first rise in 20 months but overall picture grim

    EconomyMacroeconomy

    to a sharp drop of 31.2 percent in permits. As expected, the bulk of total building activity (more... and the Ionian Islands, which experienced a drop of 53 and 49 percent respectively over the trailing.... Furthermore, the recorded drop in the Attica (Athens, Piraeus and suburbs) region, accounting

    5%

  10. Sales season pushes November retail volume to growth for the first time since March 2010

    Economy

    Retail sales turnover stayed flat year on year (yoy) in November following a 2.1 percent drop..., which posted a higher drop of 2.9 percent compared to October (-2 percent) and December (-1.7 percent... in the respective excise tax last year. The drop in retail sales throughout 2013 also stems from

    5%