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Greece takes first round against Covid-19 but fight continues
Agoraas an unlikely role model, with international media referring to the “Greek model” of crisis management... below 5 percent GDP, with the remainder topped up by private spending by individuals. Spending cuts... support functions. Permanent appointments, however, barely made up for departures from the health service
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Newsletter 393 - 15/09/2023
on Wednesday. Hatzidakis confirmed that the generous handouts that were being lined up... also request up to 400 million euros from the Solidarity Fund, which would be made available... of the centralisation of power in the “executive state” model of governance favoured by the Mitsotakis
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PM prepares to reaffirm political dominance in EP elections
PoliticsGreek Politics. The government is stepping up its campaign strategy as the private universities bill, which has divided public... and the bill allowing foreign universities to set up branches in Greece. The university bill passed through... that Greece should adopt the Swedish model when it comes to tertiary education. Pierrakakis argued
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ND highlights housing initiatives as Athens waste row rekindles hopes of progressive alliance
PoliticsGreek Politicstax credits of up to 30 percent of the cost of renovations are offered to landlords to encourage... will also benefit from three years of tax-free earnings. A programme targetting up to 300 vacant properties in the hands of the state will offer them up for affordable housing development by the private
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Greek stocks drop 2.6 pct over week, banks drop 7.4 pct after big gains last week
Economy. In addition, turnover improved by almost 10 percent to 93.8 million, while EBITDA edged up by 2.8 percent
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Sharper drop for retail sales in July points to lingering recession
EconomyMacroeconomyAuthority (ELSTAT). A similar drop (14.0 percent) was also evident in retail volumes. The picture remains... smoothened out to a mid-single digit drop of 4-5 percent. Monthly volatility in the automotive fuel sector... a decrease of 12.0 percent. It is noteworthy that unlike previous years, the rate of drop in retail sales
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Industrial production continues decline with 7.2 pct drop in August
EconomyMacroeconomyThe Industrial Production Index posted a drop of 7.2 percent in August with the figure... that except for April and June, all monthly readings so far in 2013 exhibit a single digit drop of between... percent respectively), while manufacturing and water supply production showed a moderate drop of 3.8
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Drop in Greek industrial production accelerates in June, falling by 6.7 pct
EconomyMacroeconomycompared to the 0.9 percent drop posted in May, according to the Hellenic Statistical Authority (ELSTAT... production retreated 3.2 percent, mainly reflecting a double-digit drop in electricity production (-12.4... in the 6-month period. Most of the main industrial groupings recorded a drop in June with consumer
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BoG shows lower deposit rates and a sharper drop in loan rates in June
EconomyMacroeconomy. Despite the drop recorded so far in time deposit rates, they remain 60-100 bps higher than those... euros depicted the highest drop at 120 and 101 bps respectively. The former now stands at 6.60 percent.... The combination of an 8 and 54 bps drop in the average deposit and loan rates, led the average spread
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November sees highest MoM drop in employment as headline figure remains at 25.8 pct
Economyreflects a MoM drop in the number of employed and jobless by 0.8 and 1.1 percent respectively... the past five years, the number of employed has nosedived by 991,000 corresponding to a drop of 21.9..., implying a YoY drop of 6.4 percentage points, still remaining at extremely high levels. In the next
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