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  1. Newsletter 423 - 17/05/2024

    Newsletters

    , the build-up to the talks were overshadowed by events in North Macedonia and the visit of Albanian Prime... Kyriakos Velopoulos made his party’s position clear by dramatically tearing up the text..., with the European Parliament elections coming up, the Greek PM will want to nip in the bud any perception that he

    4%

  2. Deposits down for fourth month in a row as tax obligations rise

    EconomyMacroeconomy

    of household disposable income, with latest data depicting a 9.3 percent drop in the second quarter... and the long-awaited growth and drop in unemployment arrive.

    4%

  3. Seven in 10 Greeks raiding savings to pay bills, two in 10 have no deposits

    Society

    or transfers has dropped from a peak of 148,000 in 2007 to an estimated 20,000 this year, a drop of 86.5... prices will drop further over the next 12 months. Source: Public Issue

    4%

  4. October C/A deficit drops to 351 mln, down 39.1 pct over year

    EconomyMacroeconomy

    ) drop mainly reflects an increase in the services surplus by 167 million euros, owing to higher net... to: a) a drop in the trade deficit by 15.7 percent to 14.55 billion, reflecting a 5.4 percent

    4%

  5. C/A balance positive by 1.4 bln to Nov, 2013 surplus in sight

    EconomyMacroeconomy

    on year (yoy) drop mainly reflects an improvement in the current transfers balance by 298 million.... The recorded C/A balance improvement during the eleven-month period of this year mainly stems from: a) drop

    4%

  6. C/A surplus of 0.7 pct of GDP in 2013 is Greece's first for decades
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    decision in November 2012. In addition, the recorded C/A balance improvement stems from: a) A drop... in the last months of 2013, while imports have either increased or showed a decelerating drop over

    4%

  7. Better income account helps squeeze Greek C/A deficit in January

    EconomyMacroeconomy

    Greece's January current account (C/A) deficit narrowed moderately to 295 million euros from 314 million last year, according to the Bank of Greece (BoG). The 6.1 percent year on year (YoY) drop.... In contrast, the non-oil trade deficit narrowed on higher reduction in the import bill than the drop

    4%

  8. Manufacturing PMI moved back into contraction territory in March

    EconomyMacroeconomy

    Greece’s Manufacturing PMI slowed to 49.7 in March from 51.3 in February, falling back below the 50-point mark that separates growth from contraction, according to Markit. The drop in the headline.... Despite a further drop in the manufacturing sector employment, the net rate of job losses

    4%

  9. Greek retail index dropped 4.3 pct in January

    EconomyMacroeconomy

    increase. On the downside, the food sector excelled with a 7.6 percent drop followed by non-food... GDP rebound of 0.6 percent this year, the latest official forecasts call for a further drop

    4%

  10. Car sales continue upward course as registrations increase by 33.1 pct in March

    EconomyMacroeconomy

    . The headline figure to March turned positive with a double-digit rise (+22.3 percent) from a drop... posted a modest rise of 1.3 percent, also reflecting a low-base effect, after a sharp drop exceeding 30

    4%