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Sharp drop of 4.2 pct in Greek industrial turnover in May
EconomyMacroeconomyThe drop in Greece’s Turnover Index in Industry accelerated to 4.2 percent in May from a revised... turnover over the last twelve months shows a drop by 1.9 percent, as a double-digit rise in June 2014 smoothed the 12-month trailing rate. The decrease by 4.2 percent in May reflects a drop in manufacturing
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Manufacturing PMI falls to record low in July, new business sees biggest drop
EconomyMacroeconomy. The drop in output, the seventh in successive months, is attributed to: a) Diminishing production... that further weighed on sales. On top of this, a considerable and accelerated drop in new export orders... was evident in employment, which tumbled at the steepest pace in more than 16 years. The drop over
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Drop in trade deficit slows to 8.8 pct in August as decline in imports decelerates
EconomyMacroeconomyof 715 million recorded in July. The recorded drop in August reflects a similar decline in both imports... percent as the respective exports rose by 6.8 percent, while imports recorded a broadly similar drop... in August, the aggregate figures for the 8-month period point to a drop in trade deficit by 18.5 percent
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Building permits down 11.4 pct in August for second successive drop
EconomyMacroeconomy. Following the August performance, the aggregate figures for the 8-month period point to a modest drop... drop with a plunge of 66.9 percent. The slight decrease in building permits by 0.9 percent so far... prices showed a drop for the twenty-fifth successive quarter by 5.6 percent in the second quarter (Q2
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Trade deficit slips by 1.8 pct in Nov on higher drop in exports
EconomyMacroeconomyin October, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. The slight drop...). In absolute terms, the trade deficit landed at 1.53 billion euros in November. The rate of drop... at 2.12 billion euros. Imports also posted a drop for the seventh straight month, reaching 3.65 billion
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Drop in retail sales accelerates to 1.8 pct YoY in Aug, fall in volumes sharper
EconomyMacroeconomyGreece’s retail sales saw an accelerated drop of 1.8 percent year-on-year (YoY) in August, after..., the seasonally adjusted index dropped by 0.8 percent, after a 2.4 percent drop in the previous month... led by a strong drop of 24.9 percent in food and beverages, while household equipment was down
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Industrial production records second drop of year with 2.9 pct YoY decline in Oct
EconomyMacroeconomy-on-year (YoY) drop, after a 2.6 percent increase in the previous month, according to Hellenic.... The manufacturing index drop was in leather and related products, motor vehicles, trailers and semi... supply and 0.2 percent in manufacturing, partly offset by an 8.3 percent drop in mining. According
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Reshuffle and handouts put on ice as New Democracy closes ranks ahead of local elections
PoliticsGreek Politicsfor not living up to their responsibilities with regard to fire protection and flood defences... of flood defence funds in the run-up to the Thessaly floods. The developments reportedly made many New...” model of governance favoured by the Mitsotakis administration, while the model of direct awarding
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Eurobank gears up for crucial but contentious capital increase
EconomyBankingonly on strategic issues, while will also commit to a six-month lock-up period. HFSF said on April 15.... This means that the 19 percent pro-forma ratio would drop to 14.7 percent based on the 2018... of these shares stands at high levels (10 percent with a 2 percentage point step-up every year after 2014
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Car sales up by 20.8 pct in August but rise continues to slow
EconomyMacroeconomysingle-digit increases in the fourth quarter of 2013. Passenger cars, which make up more than 80..., following a drop exceeding 30 percent in each of the preceding three years. In absolute terms, car... financing source of consumers buying motor cars this year is car loans, which make up the bulk
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