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  1. Newsletter 224 -25/10/2019

    Newsletters

    , when it will be clearer if the total amount will be more or less than expected. On pensions..., in 2018 Greece ran a total surplus of 1.8 billion euros, or 1 percent of GDP. This is the third consecutive total surplus for Greece, following 0.5 percent in 2016 and 0.7 percent in 2017. The primary

    13%

  2. Public sector hires under scrutiny again with more in the pipeline
    Photo by MacroPolis

    PoliticsGreek Politics

    been the sectors hit hardest by the departures, accounting for 44 pct and 22 pct respectively of total retirement applications in 2020, and 53 pct and 20 pct of the total in 2021. The government plans.... Total hires, including temporary staff, could exceed 45,000 in 2022 according to a plan presented

    13%

  3. Building activity in Greece fell by nearly 40 pct in year to September

    EconomyMacroeconomy

    percent in volume. As expected, the bulk of total building activity (more than 90 percent) is related... building activity has also taken its toll on apartment prices, which fell 9.2 percent in Q3

    13%

  4. Building activity posts first rise in 20 months but overall picture grim

    EconomyMacroeconomy

    to a sharp drop of 31.2 percent in permits. As expected, the bulk of total building activity (more... building activity have affected apartment prices, which fell 9.2 percent in Q3 with the number and value

    13%

  5. Building activity up by 36.2 pct in Nov as rebound continues

    EconomyMacroeconomy

    drop of 27.4 percent in permits. The bulk of total building activity (more than 90 percent) is related.... The shrinking building activity coupled with the ongoing recession have also a negative impact on apartment

    13%

  6. Another big drop for building activity, which fell by 35.3 pct in January
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    . Attica’s building activity accounts for 22 percent of the total. The nosedive in the building... and demand has led apartment prices down 10.3 percent in 2013 after falling 11.7 percent in 2012

    13%

  7. First positive reading for building activity in 6 months after 1.2 pct rise in May
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    of total. Building activity is among the sectors mostly hit by the crisis. The number of building permits... economy and society. Apartment prices dropped 7.3 percent in Q2 2014, while the cumulative nosedive

    13%

  8. Building activity continues to crumble, falling by 20.7 pct in Feb

    EconomyMacroeconomy

    declined by 24.2 percent, which was slightly lower than the country average. Attica’s share of total.... Another side effect of shrinking building activity and credit demand is the decline in apartment

    13%

  9. Greek building activity drop decelerates to 16 pct in March

    EconomyMacroeconomy

    building activity accounts for 22 percent of total, the decrease was slightly smoother than... for the continued drop in apartment prices. The respective BoG index shows a cumulative decline of 34.7

    13%

  10. Building activity plunges by 35.6 pct in April, down by 75 pct since 2008
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    of the total building permits. The number of building permits shrank to 16,400 in 2013 from 65,500... percent in the past two years and is still not showing any sign of revival. Apartment prices fell 7.5

    13%