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Greek building activity drop decelerates to 16 pct in March
EconomyMacroeconomy(ELSTAT). The respective drop in May surface was much softer at -8.2 percent, while volume posted... drop at slightly lower levels (-17.9 percent). The regional breakdown indicates Ionian Islands.... On the flipside, building activity in the Western Greece recorded a single-digit drop at -8.3 percent
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Drop in building permits accelerates to 7.1 pct in Jan
EconomyMacroeconomyThe drop in Greek building permits slightly accelerated to 7.1 percent in January from 6.4 percent... is the eighth straight monthly negative reading for the month and is the second lowest drop over this period... a decline of 16.1 and 11.7 percent respectively, while volume posted a mid single-digit drop of 5.2
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Office prices ease 0.2 pct in 2015, retail prices drop by 3.5 pct
EconomyMacroeconomypercent, which is the slowest drop rate over the past five years. The biggest decreases had been..., shows a cumulative drop by 36 percent. Office rents The figures published by BoG on office rents..., the office rent index has declined by 28.5 percent. In Athens, the relevant index posted a drop of 1.1
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Building activity records another sharp drop of 21.9 pct YoY in Feb
EconomyMacroeconomyBuilding activity recorded another sharp drop at the start of 2025 with a decrease of 21.9 percent year-on-year (YoY) in February, after a drop of 17 percent in January, according to the data... was all negative, with the biggest drop recorded in Ipeiros in north western Greece with 44.5 percent
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Reshuffle and handouts put on ice as New Democracy closes ranks ahead of local elections
PoliticsGreek Politicsfor not living up to their responsibilities with regard to fire protection and flood defences... of flood defence funds in the run-up to the Thessaly floods. The developments reportedly made many New...” model of governance favoured by the Mitsotakis administration, while the model of direct awarding
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September revenues drive 9-month Greek primary surplus up to 2.53 bln
Economy(excluding tax refunds) resumed a double-digit rise in September (up 15.1 percent) after falling by 19... of August. Tax refunds hiked to 423 million euros in September, up 31 percent, bringing the 9-month..., primary expenditure fell by 10.6 percent in September, which is the second highest drop so far this year
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Greek travel receipts up 10.3 pct in August as 2014 targets revised upwards
EconomyMacroeconomyattributed to soaring tourist arrivals, up 25 percent to 4.86 million. Their impact is slightly... billion euro, with August receipts making up almost one third of total. Travel payments increased... arrivals. It is noteworthy that despite the recorded modest growth in arrivals and the drop in receipts
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Bank of Greece sees growth at 0.7 pct in 2014, NPLs up to 34.1 pct
EconomyMacroeconomythe European Investment Bank (EIB), satisfactory progress of the infrastructure projects and speeding-up... the current momentum with a particular emphasis on: Speeding up structural reforms in the goods and services... to stop increasing within 2015, while under the best-case scenario it is expected to drop by 4 pp
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Eurosystem funding for Greek banks shoots up by 11.2 bln in December
EconomyMacroeconomyGreek banks’ Eurosystem funding shot up by 11.19 billion to 56.04 billion euros at the end... recorded in February 2012. Following a sharp drop by more than 30 billion euros in the 9-month period... issues stood at circa 60 percent 3) Gradual lack of renewal of interbank repos up to 9 billion 4
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Industrial production up by 2.8 pct in Sept for second straight raise
EconomyMacroeconomy-indices with the biggest increase posted by electricity production (up 6.3 percent) followed by manufacturing (up 2.6 percent) and water supply production (up 2.1 percent). In contrast, mining... and intermediate goods, posting a sharp drop in their production by 25.6 and 10.2 percent respectively
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