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Apartment prices decrease at a sharper pace by 1.8 pct in Q1
EconomyMacroeconomyApartment prices in Greece fell at a sharper pace by 1.8 percent year-on-year (YoY) in the first quarter (Q1) of 2017, following an upwardly revised drop of 1 percent in Q4 2016, Bank of Greece (BoG) data showed on Thursday. Compared to the previous quarter, apartment prices contracted by 0.5
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Another privatisation goal ticked off as 600 mln offer secures Athens airport concession
Economyof the year. AIA SA was established in 1996 as a public-private partnership with the mandate to build... programme since 2011, while negotiations between HRADF and AIA SA have been initiated a year ago
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What can Greece expect at the next Eurogroup?
Agorato the debt relief proposals made on May 22 but will not stray from the package outlined a year earlier... that Greece can guarantee its successful exit from the programme next year. However, the government has now
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Turnover in tourism sector up 1 pct in Q1 for third straight quarterly rise
EconomyMacroeconomyspending per trip, lower receipts last year also reflect a decrease in the average stay duration from 10.7 to 7.8 days and last-minute offers during last year’s peak summer period, according to the Greek
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Wages index improves 1 pct in Q1 but falls QoQ for second straight quarter
EconomyMacroeconomyThe seasonally adjusted (SA) Wages Index rebounded for the sixth successive quarter by 1 percent year on year (YoY) in the first quarter (Q1) of 2017 after edging up by 0.2 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) figures revealed on Friday. The wages index captures
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Athens banks on French support for debt relief and growth
PoliticsGreek Politicspercent of GDP per year between now and 2060, but may feel that if Thursday’s agreement falls short... could return to the bond markets this year or in 2018 at the latest if it sticks to its reform
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Current account deficit eases by 410.6 mln in April
EconomyMacroeconomyGreece’s current account (C/A) deficit eased by 410.6 million euros to 461.7 million in April from 872.2 million a year ago, Bank of Greece (BoG) figures showed on Tuesday. The improvement... billion in April from 6.45 billion in March, increasing from last year’s figure of 5.88 billion.
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Tsipras tries to keep government's eyes on the prize
PoliticsGreek Politicsthis week) and continues to be on track for a programme exit next year. This is a message...) will be to roll over a 4-million-euro bond with a five-year maturity that the government of Antonis
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PMI at 50.5 in June, posting first growth in 10 months
EconomyMacroeconomyfor the second successive month, representing the most notable rate of job creation in nearly a year... sector, Markit analysts noted the difficult start to the year which the country had, and welcomed
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The conundrum of Greek olive oil exports
EconomyFeaturesA spell of bad weather in olive producing countries means that crops this year are not going to be as productive as previous years. The result is a spike in the price of olive oil. According... will decrease by around 20 percent overall compared to the previous year due to a decrease
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