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  1. Travel balance falls by 62.9 pct in November
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    a rise of 2.7 percent to 140.5 million euros. For euro-denominated countries, receipts showed a drop... from euro-denominated areas fell by 74.1 percent to 64,300. The sharp drop in travel numbers... a drop of 70.4 percent to 733.4 million, which took the overall travel balance to 3.51 billion

    5%
  2. Travel balance falls by 97.3 pct in December, 76.5 pct in 2020
    Photo by MacroPolis

    EconomyMacroeconomy

    percent to 123.5 million euros. For euro-denominated countries, receipts showed a drop of 87.8 percent...-denominated areas fell by 82.7 percent to 33,800. The sharp drop in travel numbers and receipts... also recorded a drop of 72.1 percent to 766.2 million euros, which took the overall travel balance

    5%
  3. Travel balance falls by 71.7 pct in March
    Photo by MacroPolis

    EconomyMacroeconomy

    YoY and stood at 15 million euros in March. For the same month of 2020, the YoY change showed a drop of 66.5 percent to 44.2 million euros. For euro-denominated countries, receipts showed a drop... to 82.7 million euros. Payments recorded a drop of 83.8 percent to 63.6 million, which took the overall

    5%
  4. Building activity on the mend with 13.5 pct YoY rise in Oct
    Photo by MacroPolis

    EconomyMacroeconomy

    , from 2,640 in October 2024. The corresponding surface area saw a drop of 5.2 percent YoY, while... percent, while Attica also recorded a minor drop of 0.8 percent. In absolute terms, the highest number... volume was also down by 7.1 percent. The largest regional drop is in central Macedonia with 11.9 percent

    5%
  5. Taking a macro snapshot

    Agora

    and consumption since Q2 of 2010. Q4 2012 saw the largest drop on a year on year basis in final.... Some relief was meanwhile provided to businesses in the form of a drop in cost inflation to only... in the euro led to a sharp drop in deposits that peaked between the two elections last year. Removing

    5%
  6. Greece's building activity continues its nosedive in July

    EconomyMacroeconomy

    to July also points to a sharp drop of 37.8 percent in permits, 36.0 percent in surface and 31.7... exhibiting a 57.3 percent drop over the trailing twelve months. Note that building activity..., the recorded drop in Attica (Athens, Piraeus and suburbs) region, accounting for 22% of the country’s

    5%
  7. Greek banks less reliant on Eurosystem funding in September

    EconomyMacroeconomy

    movement reflects a drop in ELA funding by 2.7 billion euros at 8.96 billion and a rise in ECB.... Note that September was the fifth straight month recording a drop in Central Bank funding... billion since its peak in June 2012. The ongoing sharp drop is mainly attributed to higher interbank

    5%
  8. Disposable income plunged 9.3 pct in Q2, dragging consumption down with it

    EconomyMacroeconomy

    (ELSTAT). The latest data indicates an accelerating decline compared to the first quarter drop... agreements and “voluntary” wage cuts at the enterprise level resulted in a cumulative drop of 29.6 percent... quarter figure related to tax on income and wealth shows a 21.1 drop yoy. This is most likely due

    5%
  9. Greece goes deeper into deflation territory

    EconomyMacroeconomy

    The drop in Greece’s Consumer Price Index (CPI) accelerated to 2.0 percent in October compared... by deflation showing a drop ranging from 4.2 to 4.8 percent. The second group includes recreation and culture... from 23 percent as of August 1, resulted in a further drop in the respective prices from 1.5 percent

    5%
  10. Greek banks’ reliance on Eurosystem fell by 2.36 bln in October

    Economy

    statement. Monthly movement reflects a drop in ELA funding by 1.0 billion euros at 7.95 billion... March 2010. Note that October was the sixth straight month recording a drop in Central Bank funding... drop is mainly attributed to higher interbank lending, lower funding needs on continued deleveraging

    5%