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  1. Q4 GDP contracts 1.2 pct QoQ, leading to recession of 0.1 pct for 2016
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    contraction in Q4 mostly reflects a drop in general government consumption by 2.1 percent and in exports.... The provisional estimates also showed that GDP fell by 1.1 percent year on year (YoY) in Q4 after strong growth... (EC) forecast pointed to a rise in household consumption of 0.6 percent in 2016 and a drop in public

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  2. Newsletter 379 - 05/05/2023

    Newsletters

    concerns about political risks, with a statement that “Greece will build on its recent strong track... as ECB president Christine Lagarde noted that there has been a significant drop in corporate demand.... Even if ND comes just short of this target it will be in a very strong position to negotiate

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  3. Greeks' views on Muslims out of step with other Europeans, survey indicates
    Photo via Flickr https://flic.kr/p/xXnAaH

    Society

    expressing this view has declined from 88 percent to 61 percent in Germany, which was the biggest drop... important to national identify, putting them just behind Hungarians (52 percent). Overall, on an index

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  4. Industrial production surges 7.5 pct in June, with highest growth rate since 2001

    EconomyMacroeconomy

    after a drop by 4.1 percent month on month posted in May. Following the strong rebound in June...’s performance also reflects a low base effect. The strong rebound largely reflects a strong increase of 16.3 percent in electricity production, followed by strong growth rates in manufacturing (+8.5

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  5. Newsletter 141

    Newsletters

    the prospective alliance in a strong position after the next elections, especially if New Democracy, which... budget sees strong growth in 2018 Several key items revised against both the MTFS and draft budget... payments will drop from 6 billion this year to 5.2 billion next year, while public investment

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  6. PMI eases to 54.2 in May as exports continue to rise
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    2000. Despite the drop in the latest month’s reading, Markit noted that the reading still signalled strong growth and improvements in the Greek manufacturing sector. Output slowed to a three-month low, but remained strong, with greater domestic and foreign demand driving production. Manufacturing firms

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  7. Newsletter 97 - 25/11/2016

    Newsletters

    unchanged: they point to a mild recession of 0.3 percent in 2016 and a strong rebound of 2.7 percent... to the September performance, the 9-month decrease in travel revenues fully reflects a drop... surplus by 178 million euros and a drop in the goods deficit by 76.6 million. The primary

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  8. Newsletter 102 - 13/01/2017

    Newsletters

    travel to Greece remains very strong for 2017, according to a report by the Institute of the Greek... of the Greek cruise market. New road motor cars dropped by 19.8 percent in December after a strong rise... deficit rose by 1.2 percent in November, following a marked drop of 16.1 percent in October, ELSTAT

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  9. Newsletter 108 - 24/02/2017

    Newsletters

    , but reports have suggested that this may drop to around 1.5 percent of GDP, bringing the total down.... The drop in full-year receipts fully reflects a reduction in the average expenditure per trip by 11.3... reflects a significant drop in the services surplus by 1.61 billion and, to a lesser extent

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  10. Newsletter 179 -19/10/2018

    Newsletters

    terms, in 2015 GDP dropped by 0.4 percent, followed by a drop of 0.2 percent in 2016. In the March estimates, the drop in volume was 0.3 percent in 2015, and unchanged at a drop of 0.2 percent for 2016... percent and the drop in 2016 at 1.2 percent. The government also submitted its 2019 budget

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