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Newsletter 381 - 19/05/2023
creditors will be completely wound down. However, this year has sent a strong indication... new bond transactions was strong, with an oversubscription of over 6x and offers that exceeded 20... in March, accelerating to 12.7 pct annually, from a 5.6 pct drop in the previous month. The index now has
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Newsletter 392 - 08/09/2023
for growth target but headwinds gatheringThe Greek authorities welcomed a strong GDP reading this week... (QoQ). The economy is up by circa 2.4 pct in the first half of 2023 and with data pointing to a strong tourism that will boost the traditionally strong Q3, it is believed that the estimates of 2.3 pct
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Newsletter 459 - 11/04/2025
with them,” he said. “We have very strong ties with the Middle Eastern countries, we have strong ties... that will be gradually introduced during the rest of the year. A strong indication of the severe damage...) drop in February with 18.3 pct, after a rise of 8.5 pct in January. The deficit came to 2.44 billion
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Greek primary surplus at 1.5 bln in Q1, aided by PIB and social underspend
Economyin the first quarter of 2014 outperformed its target by 641 million mainly due to the exceptionally strong... revenues compared to the preceding two months. Despite a drop in revenues (excluding tax refunds..., indirect taxes eased 3.8 percent to 5.44 billion, stemming from a moderate drop in VAT revenues
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Greek economy contracts 0.9 pct in Q1, slowest pace since Q1 2010
EconomyMacroeconomy-digit drop for the first time since Q1 2010. Official forecasts foresee a 5.3 percent rise in 2014 after a 12.8 percent drop last year. Taking into account Q1 performance, this specific target seems..., the highest since Q1 2008, mainly reflects strong tourism with the turnover in accommodation and food services
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Increased revenues push Greek budget primary surplus up to 2.28 bln at end of July
EconomyMacroeconomyhigh of 4.71 billion in January. The strong revenue rebound is mainly attributed to the payment... in July. Nevertheless, the 7-month figures still indicate a year on year drop of 2.2 and 4.4 percent... on year. The 7-month figures indicate a drop of 17.6 and 0.6 percent respectively. Note
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Travel receipts up again in September, reaching 2.3 bln
EconomyMacroeconomy. However, the strong rebound in volumes was mitigated by an 8.8 percent drop in the travel spending... international tourist arrivals, up by 23 percent to 3.64 million euros, mitigated by a drop in the travel... in arrivals and the drop in receipts, Germany remains the country with the highest arrivals
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Travel receipts increase 16.2 pct in Feb as arrivals shoot up by 56.2 pct
EconomyMacroeconomyattributed to soaring international tourist arrivals (up 56.2 percent) to 509,200. However, this strong volume was to a large extent offset by a marked drop in travel spending per trip by 24.8 percent... percent) and Germany (+32.5 percent). On the flipside, Russia and USA recorded a drop in incoming tourist
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Building activity up by 6.2 pct in April for third straight rise
EconomyMacroeconomy, surface and volume recorded a drop by 6.3 and 3.6 percent respectively following a strong rise by more... a slower lower drop (-3.5 percent), while volume exhibited a modest growth of 1.3 percent over... Aegean (+150 percent), also reflecting a low base effect, while strong growth was also recorded
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Capital controls take toll on car sales, which fell 23.9 pct in July for first time in two years
EconomyMacroeconomy). The drop in July is largely attributed to the imposition of capital controls. It is the first... in the 7-month period was recorded in May at 13,000. Following the sharp drop in July, the aggregate.... After a sharp drop by more than 30 percent per annum in the 3-year period until 2012, the number
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