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Industrial turnover drops by 10.7 pct in September on decline in petroleum products
EconomyMacroeconomyGreece’s industrial turnover fell by 10.7 percent year-on-year (YoY) in September compared to a revised drop of 15 percent in August, Hellenic Statistical Authority (ELSTAT) data published... month-on-month to stand at -9 points. Year-on-year, industry confidence has fallen by 10.4 points.
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Apartment prices rise by 3.2 pct in Q3
EconomyMacroeconomyThe rise in the nominal value of apartments in Greece came to 3.2 percent year-on-year (YoY) in the third quarter (Q3) of 2020 from an increase of 4.1 percent in Q2 2020, Bank of Greece (BoG) data... in September. Building activity rose by 3.3 percent year-on-year (YoY) in August compared to a fall
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Overdue social security contributions rise to 37.4 bln in Q3
EconomyMacroeconomy. KEAO noted that within the third quarter of the year, 10,287 debtors from the IKA/ETAM/EFKA employee... percent year-on-year and meeting the target set by KEAO which was 1.38 billion. For 2020, revenue collection to date stands at 857.9 million euros in the first nine months of the year.
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New tax debt at 4.94 bln to October, jumping by 1.04 bln month-on-month as debtors rise
EconomyMacroeconomyincrease since February this year. New tax debt totalled 4.94 billion, lower than the figure for the same period last year by 21 percent. New unpaid obligations from tax categories showed a rise... out of 1.12 billion due. In the first ten months of the year, the collectability rate came to 84.7
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Building permits increase 29 pct in September
EconomyMacroeconomyBuilding permits rose by 29 percent year-on-year (YoY) in September, recovering from a drop of 3.3.... permits was issued in western Macedonia with 30 permits. During the first nine months of the year... indicator strengthened by 15.6 points to -31 points. Compared to the same month last year, construction
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Slight easing of Covid-19 data as focus turns to retail, budget
PoliticsGreek Politicshirings, down by 89,008 compared to last year. Layoffs were also lower by 89,634. Budget debate... to the wide array of support measures it has adopted this year, while also flagging up the reduction in social security contributions and scrapping of the solidarity level on incomes next year – a couple
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Industrial turnover drops by 14.4 pct in October
EconomyMacroeconomyGreece’s industrial turnover fell by 14.4 percent year-on-year (YoY) in October compared to a drop of 10.7 percent in August, Hellenic Statistical Authority (ELSTAT) data published on Friday showed... to stand at -12.4 points. Year-on-year, industry confidence has fallen by 5.6 points.
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Survey illustrates extent of pandemic impact on firms amid recovery hopes
EconomyFeaturespercent saying the impact would last one year compared to 30 percent who see the impact stretching...). Dissatisfaction was seen rising to higher levels in the October-November period. Almost a year on from the start... of companies affected by the pandemic 36.1 percent. Beyond Covid-19 For a third year running, businesses
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Govt gears up for arrival of Covid-19 vaccine amid virus flare-up in some areas
PoliticsGreek PoliticsGreece as the scheme goes into full swing next year. The government is pinning its hopes on the vaccine for a smoother year ahead. In that respect a new opinion poll by Pulse for Skai TV is more... for Greeks is the economy, with 49 pct expecting next year to be “more or less” worse on this front
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Govt waiting for arrival of vaccine to deliver some Covid-19 relief
PoliticsGreek PoliticsAboutPeople opinion poll for the News247 website indicated that Greeks are expecting the new year with some... feel hopeful. Only 30.2 pct expect the Greek economy to improve next year, against 63 pct who do not anticipate an improvement. However, hopes are relatively high that 2021 will be the year to see
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