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Industrial turnover falls by 14.7 pct in Sept for eleventh straight drop
EconomyMacroeconomya revised 18.1 percent drop in August, Hellenic Statistical Authority (ELSTAT) data showed on Thursday... months displays a fall by 8.1 percent. The steep drop in September largely reflects a considerable... months, the more detailed breakdown showed mixed trends. The biggest drop was recorded in mining of metal
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Sharp drop of 5.3 bln for Greek ELA funding after completion of capital increases
EconomyMacroeconomyGreek banks’ Eurosystem funding fell by 5.98 billion euros in November following a drop by 2.01... is in line with the Eurosystem funding drop over this period. At the same time, ECB funding was also... of fees paid to the state for the collateral guarantees. The drop of ELA funding also led
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Retail sales slip 0.1 pct in Dec, drop of 2.8 pct in 2015
EconomyMacroeconomyThe turnover of Greece’s retail trade index eased 0.1 percent in December after a revised drop..., following a drop of 4.4 percent in November. The full year figure points to a contraction of 1.4 percent... and property taxes. The most notable drop since 2009 has been posted in retail sale not in stores (-58.1
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HELEX H1 2016 results show continuing drop in profits
Economy, a drop of 19.3 percent. The drivers behind the fall in total consolidated revenue were cited as a drop... to the drop in the prices of the underlying securities and the change in the product mix in the market
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Travel receipts drop 2.4 pct in Jan following lower foreign arrivals
EconomyMacroeconomymillion, leading travel surplus down by 60.6 percent to 15.3 million. The revenue drop is fully due... to 13.22 billion euros. This is entirely attributed to a drop in the average spending per trip by 11.3... receipts in 2016 also reflect a drop in the average residence time from 10.7 to 7.8 days and last
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Hoteliers staring at big drop in turnover as liquidity calls grow
EconomyFeaturesthat are choosing to operate this summer anticipate a drop in turnover by an average of 67 percent from 8.4... by an average of 65.5 percent, while 98 percent of hotels that operate seasonally expect the drop... expected a drop of 56.1 percent, and indicates that the summer season is looking weaker than initially
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Retail sales suffer sharp YoY drop of 5.1 pct in Dec
EconomyMacroeconomyGreece’s retail sales concluded 2024 in deep contraction with a drop of 5.1 percent year-on-year...) data showed on Friday. The corresponding volume index also had a sharp drop of 5.4 percent YoY... percent drop in foods and non-food down by 3,3 percent. According to the latest business indicators
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Creating a competitive natural gas market: Legal aspects and investment opportunities
Legalthe model of the Independent Transmission Operator. Relatively recently, Law no. 4336/2015 amended... transportation services - including also a framework model contract for the import, transport and use of LNG.... In conclusion, the opening up of the Greek natural gas market could accelerate through regulatory
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Greece and lenders trap themselves over labour reforms
Agorathe various sides stand at the moment, looking up David Copperfield might be more useful. While... social model.” At least, that is what European Economic Affairs Commissioner Pierre Moscovici told MEPs..., the European Commission wants Greece to return to the EU social model but is apparently unwilling
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Is a lack of spending hampering Greece's firefighting capabilities?
Societyprevention and firefighting. The country switched to a new model of forest fire management in 1998, when... out forest fires, has crept up from 328 million euros in 2011 to 367 million in 2017 and 397 million.... The current model allocates just over one euro to fire prevention for every two euros spent
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