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  1. Newsletter 409 - 26/01/2024

    Newsletters

    allocated more than 7 pct of GDP in various support schemes, when eurozone peers extended less than... is below 15 pct, though improved from the recent low of 10 pct of GDP. The Debt Sustainability Analysis.... Interior Minister Niki Kerameus stunned the opposition parties this week when she introduced a last

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  2. Reflections on Greece's balance of payments
    Photo via https://flic.kr/p/5Yb76K

    Agora

    : consumption (C), investment (I), exports (X), and imports (M). Thus, when demand is equal to supply: Y = C + I + X - M. X - M describes the exports to abroad of what Greece produces in goods... domestically (including energy such as crude oil and natural gas). The balance X - M is called the “foreign

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  3. Greece positions itself as a pillar of European and NATO security
    Image: https://www.mod.mil.gr/

    PoliticsForeign Policy

    of the European debate lies Article 42(7) of the Treaty on European Union (the mutual defence clause), which... facto, if not de jure activation of Article 42(7), the mutual assistance clause of the EU.” But even....” In a post on X, Whitaker hailed Greece as a “steadfast NATO ally,” offering “premier naval facilities

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  4. Greek recession slowed from revised 7 pct in 2012 to 3.9 pct last year

    EconomyMacroeconomy

    to -7 percent from -6.4 percent before. The final GDP contraction for 2013 is now marginally below

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  5. Imports soar by 7 pct in March as exports rise for first time since Sept

    Economy

    Greece’s imports rose by 7 percent to 3.97 billion in March, a much faster pace than February’s increase of 2.3 percent, according to the flash estimates released by Hellenic Statistical Authority (ELSTAT) on Thursday. Exports grew by a more modest 1.4 percent to 1.15 billion in March resuming

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  6. Apartment prices fall at slower rate of 7 pct in Q3

    EconomyMacroeconomy

    The rate of decline in apartment prices slowed for the fifth straight quarter to 7 percent in Q3 2014 from a revised 7.7 percent in Q2, according to the Bank of Greece (BoG). Nevertheless, the Q2 headline figure indicates the twenty-third successive negative reading since Q1 2009. In addition

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  7. Car sales grow by 7 pct in Dec and by 13.5 pct overall in 2015
    Photo by MacroPolis

    EconomyMacroeconomy

    The number of road motor vehicles going into circulation for the first time continued heading north in December, rising by 7 percent compared to the 15.2 percent growth posted in November, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. The December headline figure represents

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  8. Payment cards up by 3 pct but value of transactions drops by 7 pct in H1 2016

    EconomyBanking

    value per card transaction declined by 7 percent to 112 euros, while the respective figure for debit

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  9. Turnover in tourism sector up 7 pct in Q4, increasing by 9.9 pct in 2017
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    The turnover index in accommodation and food services remained positive for a sixth successive quarter in the fourth quarter (Q4) of 2017, growing by 7 percent after an upward revision of the reading for the third quarter (Q3) to 14.7 percent, Hellenic Statistical Authority (ELSTAT) figures showed

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  10. Industrial turnover rises by 7 pct in November
    Image via www.viohalco.com

    EconomyMacroeconomy

    Greece’s industrial turnover rose by 7 percent year-on-year (YoY) in November after a slightly upward revised increase of 17.9 percent in October, Hellenic Statistical Authority (ELSTAT) data published on Friday showed. The latest figure keeps the index on positive ground in the first 11 months

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