Search
-
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
20% -
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
20% -
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
20% -
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
20% -
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
20% -
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
20% -
New overdue taxes rise by 890 mln in Nov, total stock up to 94.2 bln
EconomyMacroeconomy. At the same time, the number of tax debtors edged up by more than 7,500 to 4.31 million in November, after a drop by around 69,700 in the previous month. The aggregate figure for the 11-month period showed new overdue taxes amounted to 12.63 billion, up by 6.7 percent from last year’s figure
20% -
Bank of Greece says NPE ratio up to 45.2 pct, provides more bad loan details
EconomyBankingat the end of 2016 from 348.77 a year ago. The decline largely reflects a drop by more than 26 billion...) ratio edged up to 44.8 percent in December 2016 from 44.2 percent at the end of 2015 mainly... percent. As a result, NPEs stood at 106.3 billion at the end of 2016, up by 1.6 percent year
20% -
Trade deficit up by 5.9 pct in July as export growth slows
EconomyMacroeconomy, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. The increase was driven by a drop... by geography showed that exports to EU countries went up by 4.7 percent, while those to non-EU countries were almost double this amount and rose by 8.8 percent. Imports from EU and non-EU countries picked up
20% -
Travel balance up by 1.4 pct in August as EU arrivals jump by 17 pct
EconomyMacroeconomytrip drop by 3.2 percent, or 19 euros. Travel receipts from the 28 European Union (EU 28) countries..., reaching 287.3 million euros up to August. The Greek Tourism Confederation’s (SETE) annual outlook predicts that tourist numbers could reach up to 30 million in 2018, but warns of competition picking up
20%