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  1. Drop in apartment prices continues with slower decline of 1.2 pct in Q2
    By Natasha Pantazopoulou

    EconomyMacroeconomy

    contracted by 0.17 percent in Q2 following a 0.5 percent quarter-on-quarter fall in Q1 2017. Old apartments, over five years old, saw their prices fall by 1.3 percent in Q2, whereas up to five years old properties had their prices fall by 1 percent. Properties outside of Athens and Thessaloniki recorded

    4%
  2. General govt primary cash surplus at 4.51 bln in eight-month, arrears increase to 6.03 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to 49.12 billion euros. As with previous months, the main factor behind this fall was a 39.1 percent... behind this was a combination of a fall in social benefits (-752 million), purchase of non financial... that the figure has fallen below the 50-billion euro mark. The driving factor behind the fall

    4%
  3. Office prices slip by 0.7 percent in first half of 2017
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    semester. A fall of 0.2 percent was registered for the rest of Greece when compared to H2 2016. Overall... declined at an average annual rate of 0.3 percent in 2016. The fall in 2015 came to 1.5 percent... 2017 compared to the previous semester, the sharpest fall since H2 2015. The growth of 0.3 percent

    4%
  4. General govt primary cash surplus at 7.15 bln in Nov, arrears reduced further
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    -on-year to 70.31 billion. A 32.2 percent fall in transfers was the main factor behind the decline.... ​This was driven by a combination of a fall in social benefits (-780 million), the purchase of non-financial... the 40-billion mark for a second month this year. The fall originates almost entirely from a fall in Emergency

    4%
  5. Newsletter 151 -16/02/2018

    Newsletters

    bulletin revealed this week. The driving factor was a combination of a fall in expenditure and a rise... to a reduction of 57,830 people claiming pensions year-on-year, with a corresponding fall of 30.9... to winter sales. Apartment prices fall by 0.3 pct in Q4 2017 Average price drop for the year comes to 1

    4%
  6. Industrial production falls by 2 pct in February
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyMacroeconomy

    fall in January, Hellenic Statistical Authority (ELSTAT) data revealed on Thursday. February’s... consistently positive. The movement in the overall index was driven largely by a 12.7 percent fall in the mining and quarrying production index, along with a 6.1 percent fall in the electricity production

    4%
  7. Eurosystem funding decline picks up pace to 3.26 bln in April

    EconomyMacroeconomy

    ) monthly financial statement revealed on Thursday. The fall across the month brought central bank.... The decline was entirely driven by a fall in Emergency Liquidity Assistance (ELA) funding by 3.34... bailout programme. Following this, the majority of the fall (76.55 billion) originated from a lower

    4%
  8. Newsletter 191 -25/01/2018

    Newsletters

    . Greece’s last bond issue came in February 2018. Report reveals fall in pensions spending November... claiming pensions year-on-year, with a corresponding fall of 21.6 million euros in pensions amounts... pensions (40.4 percent of all main pensions) concern pensions which fall below the 500-euro mark

    4%
  9. Industrial production drops by 0.8 pct in Apr
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    in March. The annual movement in the index was driven largely by a fall of 16.4 percent in the mining and quarrying production index. This was followed by a 5 percent fall in the water supply production... with a fall of 48.7 percent YoY. All subcategories within mining and quarrying index showed declines

    4%
  10. CPI remains static in July
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    a fall of 1.2 percent. The overall CPI fall on an annual basis was driven by a decrease of 2.1 percent drop in the price of household equipment, mainly led by a fall in the price of furniture... percent fall in food and non-alcoholic beverages, plus a 1.7 percent decline in miscellaneous goods

    4%