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Industrial turnover contracts for six months on bounce in Sep with 5.1 pct drop
EconomyMacroeconomymarket was up by 1.2 percent. In the domestic market, the drop in September was led by a 8.4 percent... Statistical Authority (ELSTAT) on Monday. This is the sixth successive annual drop, something not seen..., with growth of 54 percent annually, the index posted the highest growth on record. September last year was up
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Energy drives drop of 4.2 pct YoY in import prices drop for June
EconomyMacroeconomyGreece’s import price index continued its contraction in May, with a drop of 4.2 percent year..., the index also decreased by 0.7 percent, from a drop of 3.9 percent in the previous month. The index... marginally up by 0.2 percent, and durables up by 0.2 percent. Non-durables were up by 2.5 percent.
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Import price rise slows to 32.8 pct in June, index posts first MoM drop since Nov
EconomyMacroeconomyinflation started increasing last spring. Month-on-month, the index posted its first drop since November... rises of 142.4 percent YoY, followed by manufacture of refined oil products up by 109 percent... respectively. The monthly movements were led by an 8.8 percent drop in electricity and gas supply, while
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EC expects Greek GDP to drop by 9.7 pct for biggest fall in EU, before strong rebound in 2021
Economy, the Commission expects the economy to be hit badly by the pandemic, leading to a severe drop of 9.7 pct... pct in 2020 and to rebound by 17.9 pct in 2021. Imports will drop by 18 pct this year and grow.... Private consumption is forecast to drop by 9 pct in 2020 and recover by 7.9 pct in 2021. Government
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The first cut is the deepest? Greek pension reforms in context
EconomyFeatureslegibility, and several talking heads are lined up in a panel to argue vociferously and incoherently... structural reforms obscure to a public paralysed by fear and uncertainty. This feature picks up where... dominated by public pension funds, plateaued in 2009, and registered a sharp drop in 2013 as a result
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Newsletter 466 - 13/06/2025
pct. Exports of goods were up by 1.7 pct annually, while services exports contracted by 0.2 pct YoY... moved, recording a minor rise of 0.04 pct, with private spending up by 1.3 pct, however, investment... by 3.2 pct and it was only inventory building by companies that almost tripped annually that pushed up
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Newsletter 391 - 01/09/2023
by an annual drop of 19.5 pct in automotive fuel. Retail sales of food and beverages were up by 10.2... on fire detection equipment. Mitsotakis also confirmed that he would be looking at a new model... this, is the sizeable cash buffer that Greece started building up towards the end of its last adjustment
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Newsletter 232 -13/12/2019
the groundwork for banks to clean up their balance sheets and for diaspora Greeks to be allowed... is to offer up to 12 billion euros of state guarantees for an initial period of 18 months. This can be extended by a ministerial decision. The scheme replicates the Italian model but is adjusted
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Fall in apartment prices slows to 0.3 pct in Q4 2017, 1 pct average drop for year
EconomyMacroeconomyThe drop in the nominal value of apartments in Greece came to 0.3 percent year-on-year (YoY) in the fourth quarter (Q4) of 2017, slowing from a drop of 0.6 percent in Q3 2017, Bank of Greece (BoG... percent in Q4. Properties up to five years old saw also saw price falls at the same rate . Properties
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National Bank posts net loss of 1.1 bln in Q4
EconomyBankingmainly related to recalibration of the bank’s impairment model (970 million) and recoverability... income (PPI) fell 12 percent quarter on quarter (QoQ) to 363 million in Q4 reflecting a 2 percent drop... was slashed by 12 percent mainly attributed to a double digit drop in personnel (-14 percent) and general
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