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Car sales up by 17.9 pct in July and 27.2 pct in first seven months of the year
EconomyMacroeconomyin June. Car sales for the month came to 17,685. The absolute figure for July last year stood... in the aggregate period. During the respective period a year ago, motorcycle sales had declined...-year data for 2017, car sales doubled compared to 2012, when a low of 77,675 car sales was recorded
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DESFA transfer complete as HRADF heads for record year in privatisation revenues
EconomyFeaturesin the government’s privatisation projections for 2017. Record year HRADF is reportedly on track for a record year in terms of revenue privatisations in 2018. The fund has reported privatisation receipts of over 2 billion euros for the year, marking the first time since its inception in 2011
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Industrial production up by 3.1 pct in Nov, 0.9 pct since start of year
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) grew year-on-year (YoY) by 3.1 percent in November from a downward revised fall of 1.2 percent in October, Hellenic Statistical Authority (ELSTAT) data.... The aggregate figure for the first 11 months of the year showed that the IPI rose by 0.9 percent. The figure
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PMI at 53.7 in Jan as manufacturers remain confident for year ahead
EconomyMacroeconomy. Business sentiment was also positive, with manufactures feeling optimistic for the year ahead... last year. New business remained steady, and new orders grew at the rate noted in December. Both... while job creation also grew. The also noted the positive sentiment of firms for the year ahead
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Alpha Bank posts net profits of 59.4 mln in Q2, NPE sales worth 3.7 bln planned for remainder of year
EconomyBankingmillion euros from 803 million euros a year ago. Asset quality Non-performing exposure (NPE) stock... in Q1. Against the same period a year ago, NPLs have declined by 2.5 billion euros. Regarding... for the same period last year of 903 million. Fee and commission income rose by 15.6 percent QoQ to 81
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Podcast - Greece's year of trying to shake off Covid-19
AgoraGreece has been grappling with the coronavirus for just over a year, sometimes with success... Georgia Nakou about the policies adopted since last year to combat the pandemic, but also why Greece... like for Greek frontline workers since last year and the excruciating decisions faced by doctors
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A busy year of diplomacy for Athens, but Greek-Turkish ties stagnate
PoliticsForeign Policythe year, Greek foreign policy flowed in new directions, for example in relation to some African... national zone in the Ionian Sea to 12 nautical miles was highly important, coming just a year after... troubling for Athens throughout 2021. Delegations met three times during the year for exploratory talks
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Building permits turn negative for first time in more than a year, falling by 10 pct in April
EconomyMacroeconomyThe growth in building permits stopped in April, dropping by 10 percent year-on-year (YoY), after it had slowed down in March, rising by 2.8 percent, according to the latest data released... points in June. Construction is now roughly 30 points down from August last year.
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Inflation at 12 pct in Sep as CPI records highest monthly rise of the year
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) jumped back up in September, rising by 12 percent year-on-year (YoY), from 11.4 percent in August, according to the data released on Monday by the Hellenic... drops of 0.3 and 1.8 percent in the previous months. This is the largest monthly rise this year
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Building activity back to growth in Aug, but year-to date remains subdued
EconomyMacroeconomyBuilding permits growth in August resumed the growth trajectory with a rise of 12.6 percent year-on-year (YoY), after dropping by 2.3 percent in July, according to the latest data released... recovered by 3.1 points to -26. Construction is now 22.8 points down from November last year and off
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