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  1. Apartment prices down by 5.4 pct in Q4 and 5.1 pct over whole of 2015

    EconomyMacroeconomy

    Greek apartment prices decreased by 5.4 percent in the fourth quarter (Q4) of 2015, at a slightly decelerating pace compared to the revised 5.8 percent drop in Q3, Bank of Greece (BoG) data displayed... in the 2008-2014 period. It dropped by a relatively modest drop 1.5 percent in the 11-month period

    4%

  2. A closer look at 2015 revenues reveals size of hit they took
    Photo via Flickr https://flic.kr/p/nphVW

    EconomyMacroeconomy

    is fully attributed to a drop in direct taxes by 706 million, while indirect taxes were kept almost stable.... The breakdown showed corporate income tax rose by 240 million euros to 2.9 billion, more than offsetting a drop

    4%

  3. PMI falls 1.6 pts to 48.4 in February

    EconomyMacroeconomy

    for the first time in the last three months. Manufacturers reported a drop in output and incoming new orders.... The reported drop in new business from abroad is mostly related to transport difficulties caused

    4%

  4. Retail sales down by 3.8 pct in Jan for eighth straight fall
    Photo by MacroPolis

    EconomyMacroeconomy

    . All store categories posted double-digit drop rates month on month (MoM) in January with the most.... Retail turnover has been reduced by almost one third since 2009 largely reflecting a similar drop

    4%

  5. EC expects milder recession of 0.3 pct in 2016, sees debt to GDP at 178.8 pct in 2017
    Photo by Stuart Chalmers via Flickr https://flic.kr/p/49JB98

    Economy

    in negative territory in 2016, while the drop in consumption is expected to be partly offset... drop by 0.1 percent in 2016 and rebound by 3.8 percent in 2017. Unemployment is seen edging down

    4%

  6. Greece seeks to mend fences with Austria but frets about EU-Turkey deal
    Photo by https://flic.kr/p/G8YjP3

    PoliticsForeign Policy

    led to the significant drop of refugee numbers, Kurz claimed. The Greek foreign minister claimed... situation, which has seen the number of migrants arriving in Greece drop dramatically, is causing acute

    4%

  7. Travel receipts rebound 8.2 pct in March, but surplus drops 3.6 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    payments rose at a higher pace of 13.7 percent to 158.5 million, resulting in a drop of the March... million last year. The stable performance in travel receipts reflects a drop in non-residents arrivals

    4%

  8. Economic sentiment slips to 89.7 in May, consumer confidence rebounds to -71.9

    EconomyMacroeconomy

    in the past four months by 1.8 points to -71.9 in May. The rise in May offset a similar drop recorded..., which was the highest reading since November 2014. Following a sharp drop by 10 points in April

    4%

  9. Unemployment rate eases to 24.1 pct in March, lowest in four years
    Photo by MacroPolis

    EconomyMacroeconomy

    fell by a much slower pace of 0.6 pp to 28.8 percent. The breakdown by age showed a drop... percent. The latest European Commission estimates point to a slight drop in the unemployment rate to 24.7

    4%

  10. Eurosystem funding drops by another 3.9 bln in May, ELA down 2.1 bln
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding fell again in May for the 11th successive month, declining by 3.86 billion euros after a 1.88 billion drop in April, Bank of Greece's (BoG) monthly financial statement... reading since January 2015. The recorded drop in Central Bank funding in May almost equally reflects

    4%