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Building activity rebounds 2.1 pct in Dec, falls 5.5 pct in 2016
EconomyMacroeconomy, apartment prices dropped by 0.6 percent year on year in the fourth quarter (Q4) of 2016... years, apartment prices have plummeted 41.7 percent after reaching a record high in Q3 2008... since then on extended net deductions of more than 14.5 billion euros. Moreover, 42 percent
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Building activity drops by 5.2 pct in August
EconomyMacroeconomyBuilding permits went down by 5.2 percent in August, falling at a greater rate than the drop of 2.4... Bank of Greece (BoG) figures show that apartment prices dropped by 1.2 percent year-on-year.... Apartment prices have been in decline since the first quarter of 2009. Net deductions in the housing loan
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Gennimata aims to secure centre-left leadership in run-off vote
PoliticsGreek Politicsarea in which Androulakis managed to gain more votes than his rival was on his native Crete, where he... leader a strong chance of winning Sunday’s ballot, although some commentators have pointed out that New.... The differences between the two candidates lie much more in style than substance and voters are to miss out
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Newsletter 371 - 24/02/2023
conducted for Alpha TV indicated this week that support is gravitating towards the two main parties, New... only condition for PASOK being part of the next administration is that the party gains a “strong... their intentions.EconomyFDI hits new heights amid strong M&A activityLast year, Greece reaped the rewards
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Divided, weak opposition gives Konstantopoulou boost and PM Mitsotakis space
PoliticsGreek Politicsa presence in Parliament as a distinct group because it has more than 10 MPs. Barring any surprising... to the fold, this would give SYRIZA – or the new entity – slightly more than the 33 MPs PASOK has... made it clear that SYRIZA and New Left need much more than symbolic moves to reconnect with voters
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Newsletter 393 - 15/09/2023
of a revised budget were given by Finance Minister Costis Hatzidakis in an interview with ANT-1 TV... that things could be much worse than they are now. There is a feeling in the opposition camps... to abandon the belief that this government is more professional than previous administrations
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General gov't cash surplus rises to 3.54 bln at end of Feb, more than double last year
EconomyMacroeconomyThe Greek general government (gg) primary cash surplus in the first two months of 2014 more than doubled to 3.54 billion from 1.45 billion last year, according to the gg bulletin released by the Ministry of Finance on Wednesday. The gg cash balance also showed a surplus at 1.93 billion from just
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Greek May CPI falls 2 pct in one of biggest drops for more than a year
EconomyMacroeconomyin more than 45 years, the latest forecasts by the troika institutions and the Greek government point
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Greek GDP drops by less than expected 0.2 pct in Q2, signalling recession exit near
EconomyMacroeconomyThe Greek economy recorded the 24th consecutive period of decline in Q2 of 2014 as Gross Domestic Product measured in constant prices declined by 0.2 percent year on year, which was better than the estimates for a -0.4 percent drop. The first quarter was revised downwards to -1.1 percent from -0.9
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Greek banks' potential capital shortfalls set to be reduced by more than 2.5 bln
Economyamounts to 13.4 billion euros, 1.92 higher than that reported in Q1. This amount is almost equally split
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