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Tourism could give economy annual 5 bln boost, NBG report finds
EconomyFeatures. Employment in the tourism sector grew by 7 percent between 2008-2016 versus the 23 percent drop.... With around 60 percent of these visitors staying in hotels, this rise comfortably offset the drop... conditions of 2015 also led hoteliers in Greece to drop their rates under pressure from travel agencies
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Eurosystem funding drops by 3.9 bln in July on big decline in ELA
EconomyMacroeconomy. The month-on-month decline is the most substantial for the year so far and surpasses the drop in June... in the Emergency Liquidity Assistance (ELA) funding by 3.37 billion, the largest drop since June 2016... be reduced further by 1.6 billion euros to 38.9 billion. The drop reflected “developments in the liquidity
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Newsletter 138
to stand at 4.49 billion. The drop reflects the government’s recent drive to clear arrears as part... confidence was also reported as having improved to a three-and-a-half year high. 2 Retail sales drop by 0.3... in September, European Commission (EC) figures revealed. October’s figure represents a drop of 2.3 points
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Building activity drops by 3 pct in September, permits increase above 1,000
EconomyMacroeconomyBuilding permits declined by 3 percent in September, easing from the drop of 5.2 percent noted... the 1,000-mark once more, after August’s figure of 864, which was the first drop below this threshold...) figures showed a 0.6 percent drop in apartment prices year-on-year in the third quarter of 2017
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Building activity down by 6.7 pct in Dec after rising by 8.6 pct in 2017
EconomyMacroeconomyissued in 2005. The most recent quarterly Bank of Greece (BoG) figures showed a 0.3 percent drop in apartment prices year-on-year in the fourth quarter of 2017. This followed a drop of 0.6 percent in Q3... in property prices came to an average drop of 1 percent, improving against the drop of 2.4 percent
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Building activity up by 18 pct in Jan, permits dip below 1,000-mark
EconomyMacroeconomyshowed a 0.3 percent drop in apartment prices year-on-year in the fourth quarter of 2017. This followed a drop of 0.6 percent in Q3. Apartment prices have been falling since the first quarter of 2009. For all of 2017, the decline in property prices came to an average drop of 1 percent, improving against
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Building activity up by 5.4 pct in Feb, permits remain below 1,000
EconomyMacroeconomyissued in 2005. The most recent quarterly Bank of Greece (BoG) figures showed a 0.3 percent drop in apartment prices year-on-year in the fourth quarter of 2017. This followed a drop of 0.6 percent in Q3... in property prices came to an average drop of 1 percent, improving against the drop of 2.4 percent
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Building permits fall by 2.3 pct in March, absolute permits rise above 1,000
EconomyMacroeconomypercent drop in apartment prices year-on-year in the first quarter of the year. This followed a drop... as a whole, the decline in property prices came to an average drop of 1 percent, improving against the drop of 2.4 percent in 2016. The latest construction confidence indicator for May released
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Building permits rise by 9.8 pct in July, up by 8.4 pct in 7-month period
EconomyMacroeconomyBuilding permits rose by 9.8 percent in July, a drop from the figure of 16.2 percent in June... after a drop of 0.2 percent in Q1. The latest figure marks the first increase in apartment prices since Q4 2008. For 2017 as a whole, the decline in property prices came to an average drop of 1 percent
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GDP revision for 2017 points to slight improvement from initial estimates
EconomyMacroeconomy. In volume terms, in 2015 GDP dropped by 0.4 percent, followed by a drop of 0.2 percent in 2016. In the March estimates, the drop in volume was 0.3 percent in 2015, and unchanged at a drop of 0.2 percent... was seen at 1.3 percent and the drop in 2016 at 1.2 percent.
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