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Chasing investment, the Greek dream
Agoraperiod, total spending on investments increased again to a peak in 2007 that exceeded 17 billion... of construction represented 70 percent of total spending. This was dominated by house building, which ranged... the circumstances. Investments in other buildings and structures dropped from 2.2 billion euros
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Tourism responsible for up to 30.9 pct of GDP in 2018, study suggests
Featuresgenerates an indirect contribution of 1.20 euros, resulting in a total generation of 2.20 euros. This equals a multiplier effect of 2.2. According to the IOBE multiplier, in 2018, tourism directly... a year-on-year rise of 8.7 percent compared to 2016, the total for 2017 represents a decline
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Trump's tariffs create gloomy economic environment for vulnerable Greece
EconomyMacroeconomyexports had a difficult time in recent years, as total exports continued to decline, falling by 2.2 pct... vehicles to the US, which in 2023 reached a total of over 40 billion euros, representing roughly a quarter of EU total car exports. The EU’s total iron and steel exports in 2024 came to 32.3 billion euros
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Gov't adopts patchwork of measures to overcome liquidity problems
EconomyProgrammerequested from Greek lenders that they retain their total T-Bill holdings at February 18 levels... paid so far in March a total of 1.24 billion euros to the International Monetary Fund in three tranches... euros in the March-June period. Excluding this month’s 2.2 billion, Greece has to cover 4.35 billion
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Industrial production edges up 0.1 pct in September
EconomyMacroeconomyin manufacturing production by 2.2 percent, which holds the lion’s share of the total index with 70... on the total index. The biggest drop of 15 percent was posted by mining and quarrying production.... Production in consumer non-durables and energy decreased by 4 and 2.2 percent respectively
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Newsletter 109 - 03/03/2017
and in the corporate tax rate. Economic sentiment in Greece fell by 2.2 points in February, after... The retail sales index dropped by 1.3 percent in December after an upward revised 2.2 percent growth... million in January. Total deposits, which also include those of the general government (gg) as well
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Newsletter 115 - 21/04/2017
expects Greece’s domestic economy to grow at a slower pace of 2.2 percent in 2017 compared to its... by 1.21 billion to 12.91 billion, while stripping out arrears payments the rise in total expenditure..., while mining and quarrying turnover, which makes up only a fraction of the total index, increased
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GDP growth slows in Q3 amid lower 2017 forecasts
EconomyMacroeconomyincreased by 0.9 percent QoQ and dropped by 2.2 percent YoY, taking final consumption expenditure down... 89 percent of the total figure in Q3, with private consumption representing close to 68 percent of the headline GDP number. Government spend is circa 21 percent of the total. The latest Finance
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Newsletter 153 -2/03/2018
to inflows of 1.52 billion in December 2017. Total deposits, which also include the general government... deposits fell by 962.6 million euros, while time deposits rose by 401 million. Retail sales rise by 2.2... figure is the highest reading since July 2017. Greece’s retail sales rose by 2.2 percent year-on-year
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GDP growth slows to 0.2 pct QoQ in Q2 due to lower investment, higher imports
EconomyMacroeconomypercent decline in expenditure by the general government. Gross capital formation declined by 2.2..., making up 88.5 percent of the total figure in Q2, with private consumption representing 67.5 percent of the headline GDP number. Government spending represents 20.5 percent of the total. In the latest
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