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Newsletter 426 - 07/06/2024
by a strong build up of inventories that pushed up capital formation. Quarter-on-quarter (QoQ), GDP... been growing QoQ for four straight quarters. Nominal growth was also strong YoY, rising by 5 pct... component due to the festive period. Exports also recorded a strong contraction compared to the same
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Newsletter 440 - 08/11/2024
in different regions and ethnic groups. The Harris campaign put forward the strong performance... the long-term average of 5.7 pct. These strong macroeconomic numbers did little to appease the concerns... figures point to strong economic developments while close to 70 pct of the Greek public in opinion
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Role of inflation in US elections gives government food for thought
EconomyMacroeconomyto varied degrees in different regions and ethnic groups. The Harris campaign put forward the strong... below the long-term average of 5.7 pct. These strong macroeconomic numbers did little to appease... headline figures point to strong economic developments while close to 70 pct of the Greek public
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Fitch leaves rating unchanged at 'BBB-', ups outlook to positive
EconomyMacroeconomyagencies now having Greece in this category. Fitch notes Greece’s strong fiscal performance... drop in public debt to 154 pct of GDP—down 10 percentage points from 2023 and over 50 points below... debt decline among Fitch-rated investment-grade sovereigns. Greece also maintains strong cash
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Greece returns to growth after long recession, GDP figures show
EconomyMacroeconomytime since Q1 2010 recording an increase of 0.7 percent YoY following a drop of circa 4 percent.... The revised historical figures showed that the largest drop in the third quarter economic activity was posted in 2010 with a decrease of 7.5 percent, followed by a drop of 6.7 percent in 2011 and 6.3
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Current account in surplus for 2nd straight month in June but down 20 pct on 2014
EconomyMacroeconomydigit drop in both exports and imports by 23 and 13.8 percent respectively. In absolute terms, goods... percent. The modest drop in the services’ surplus by 1.6 percent to 2.37 billion is largely due... billion. The latter is fully attributed to a strong rise in non-residents’ arrivals by 20.8 percent more
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General government primary cash surplus narrows to 2.48 bln, arrears almost stable in Sept
EconomyMacroeconomyto a strong rebound in revenues of 13.6 percent in September with the cumulative drop rate slowing... billion in the corresponding period last year. In absolute terms, the biggest drop was recorded... arrears. Despite a drop by 97 million in September, state budget arrears have advanced by 474 million
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Newsletter 100 - 16/12/2016
representatives also sent another strong message on labour market reforms, criticising the government... seasonal drop to 897 in August. In addition, the corresponding surface and volume rose at a much higher... to a drop of 7 percent. Moreover, the corresponding surface and volume figures recorded a bigger
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Newsletter 151 -16/02/2018
After a week of strong rhetoric from Turkey directed at Greece and Cyprus, a nervous lull has returned... to winter sales. Apartment prices fall by 0.3 pct in Q4 2017 Average price drop for the year comes to 1... observed in the last seven years. The drop in the nominal value of apartments in Greece came to 0.3
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Building permits up by 1 pct in April and 5.2 pct in first four months of the year
EconomyMacroeconomyBuilding permits rose by 1 percent in April following a drop of 2.3 percent in March, Hellenic... (BoG) figures showed a 0.2 percent drop in apartment prices year-on-year in the first quarter of the year. This followed a drop of 0.4 percent in Q4. Apartment prices have been falling since the first
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