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Greece braces for Middle East fallout as polls show ND holding firm despite voter unease
PoliticsGreek Politicsscepticism toward political leadership, and a strong desire for change. It is against this backdrop... a strong and widening lead and the opposition continues to be unable to convert public dissatisfaction.... Despite this aversion to escalation, the public expresses strong support for defensive measures linked
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Scope leaves 'BBB' rating unchanged, outlook remains positive
EconomyMacroeconomyaction since. The agency notes that Greece’s rating is supported by strong fiscal performance... financing, along with strong European institutional support, including Eurosystem backstops and EU funding... international investment position, and reliance on services exposed to shocks. Scope expects strong fiscal
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Local elections in Greece a precursor of European vote
PoliticsGreek Politicsand a strong showing from him will boost the Neofascists ahead of the European vote. Election rules means... Piraeus, where its candidate Vassilis Michaloliakos is facing a strong challenge from Yiannis Moralis... a strong presence in local politics so to have a candidate - and a young woman at that - in the second
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Increase in car sales accelerates to 44.3 pct in September
EconomyMacroeconomythe May to July readings, which exceeded the 10,000 mark. Following the strong performance... recorded in 2008. Market sources indicate that the strong recovery in car sales within 2014 is mainly attributed to improved consumer confidence, strong tourism leading to increased Rent-a-Car fleets
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Rise in Greek car sales slows to 7.5 pct in November
EconomyMacroeconomyaverage. This year’s strong rebound follows a modest rise of 1.3 percent recorded last year. However... highlight that the strong growth in 2014 is mainly attributed to increased Rent-a-Car fleets due to the strong tourism combined with improved consumer confidence and replacement of old cars with new
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Growth in car sales peaks in December with rise of 69.3 pct
EconomyMacroeconomyto 8,867 in December from 5,237 last year and 7,716 a month earlier. Following December’s strong... that the strong rebound in 2014 mainly reflects increased rent-a-car fleets due to a strong tourism sector as well
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Travel surplus soars 57.2 pct in November on surging tourist arrivals
Economyarrivals remains at relatively low levels at 9,400. Arrivals from the UK also recorded a strong growth... tourist arrivals (+22.7 percent) to 21.5 million. Strong volumes were however mitigated by a decrease.... Although initial indications pointed to another strong tourism performance in 2015, the coalition
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Travel receipts up by 1 pct in Dec but balance in deficit of 27.9 mln
EconomyMacroeconomy. However, strong volumes were counterbalanced by lower travel spending per trip (-9.4 percent... Russia dropped 7.6 percent mainly reflecting the strong negative growth rates in the August – October... at the main Greek airports remained strong in January increasing by 30.2 percent. SETE estimates
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Car sales in Greece up 26.8 pct in February
EconomyMacroeconomya moderate increase of 1.3 percent posted in 2013. However, despite the strong rebound, the 2014... decrease (above 30 percent per annum) in the 2010-2012 period. Market sources noted that the strong recovery in 2014 mainly reflected increased rent-a-Car fleets due to a strong tourism season as well
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Greek GDP falls by 0.2 pct in Q1 as uncertainty impacts on investments
EconomyMacroeconomywith the tight liquidity conditions have taken their toll on the initial expectations for a strong... a strong rebound by 17.5 percent QoQ in Q4, gross fixed capital formation fell 7.5 percent QoQ in Q1 amid... is tourism which recorded a strong performance last year. The initial SETE estimates for 2015
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