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  1. Newsletter 46 - 09/10/2015

    Newsletters

    by 500 to 3.59 million in July, which is the second highest reading this year. Probably aided by tourism... was the slowest this year. The absolute figures put the trade deficit at 1.12 billion euros, which... and controversial implementation of a multi-year reform agenda in cooperation with local authorities

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  2. Travel receipts rebound by 7.3 pct in August, partly reflecting higher spending per trip

    EconomyMacroeconomy

    2.97 billion last year. Higher receipts are attributed to a rise in non-residents’ arrivals by 2.8... of 9.1 billion, up 8.5 percent from last year’s figure of 8.39 billion. The increase in receipts... stand 2 million and 1 billion above last year’s items respectively. SETE also said that subject

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  3. This is what the ECB’s comprehensive assessment tells us about Greek banks

    Agora

    in this year’s stress tests stood well above those applied last year, primarily in the adverse scenario... to maintain a minimum CET1 ratio of 8 percent in the adverse scenario (from 5.5 percent last year) and of 9.5

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  4. Building permits down 11.4 pct in August for second successive drop

    EconomyMacroeconomy

    in building permits by 0.9 percent. In contrast, the year to date figures for surface and volume... this year follows a cumulative nosedive of around 80 percent in the preceding six years. In particular... to -49.4 in October. Note though that the year to date balance still points to a marked

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  5. Newsletter 53 - 27/11/2015

    Newsletters

    a deficit of 726 million in September. This took the total figure for the year to 4.53 billion, which... of the year. 2 The road to realpolitik Brutal reality of power prompts Tsipras's latest volte face After... since last year but at the same time be extremely vulnerable: after all, if someone so close

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  6. Weak banks drag Greek stocks down by 6.5 pct during week

    Economy

    of 5.6 million last year on the back of a double digit-drop in sales by 17.5 percent to 354.8 million... results with net profits at 4.5 million euros from 0.8 million a year ago. Sales rose by 43.8 percent... of 11.9 million in Q3 from 3.5 million last year with turnover dropping by 13.5 percent to 218.1

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  7. Regling and Wieser: The key points

    Agora

    this year” Wieser ”Working [with Greek authorities] has improved a lot since the summer. [Finance... administration to deliver on the huge challenge and the developments during the first of the year, which... was weaker. The third reason was, of course, what happened earlier this year” Wieser “In all countries

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  8. Slight deterioration in services sector turnover in Q3

    EconomyMacroeconomy

    from the Q2 performance when 7 out of the 14 services activities posted a year on year (YoY... to -15.4 in November, bringing the year to date losses to 30.7 points.

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  9. Court ruling creates new complication for gov't, this time with property tax

    EconomyMacroeconomy

    last year. For 2015, the new government delayed the payment of the first instalment until October, although the original deadline had been for July. In addition, this year’s ENFIA is due to be paid... on the property prices that apply at the beginning of each year. However, it is likely to affect taxes

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  10. Unemployment edges down to 24.5 pct in Oct, lowest since May 2012
    Photo by MacroPolis

    EconomyMacroeconomy

    the higher year on year (YoY) drop in the jobless rate to 30.9 percent from 34.2 percent in October... percent last year. From a geographical perspective, Central and Western Greece post the highest jobless

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