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  1. Fitch leaves rating unchanged at 'BBB-', ups outlook to positive
    Photo by MacroPolis

    EconomyMacroeconomy

    agencies 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

    7%

  2. Greece returns to growth after long recession, GDP figures show
    Photo by MacroPolis

    EconomyMacroeconomy

    time 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

    7%

  3. Current account in surplus for 2nd straight month in June but down 20 pct on 2014
    Photo by MacroPolis

    EconomyMacroeconomy

    digit 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

    7%

  4. General government primary cash surplus narrows to 2.48 bln, arrears almost stable in Sept

    EconomyMacroeconomy

    to 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

    7%

  5. Newsletter 100 - 16/12/2016

    Newsletters

    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

    7%

  6. Newsletter 151 -16/02/2018

    Newsletters

    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

    7%

  7. Building permits up by 1 pct in April and 5.2 pct in first four months of the year
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    Building 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

    7%

  8. Apartment prices up by 2.5 pct in Q3 as recovery trend continues
    Photo by MacroPolis

    EconomyMacroeconomy

    of Greece. For all of 2017, the decline in property prices came to an average drop of 1 percent, improving against the drop of 2.4 percent in 2016. Apartment prices have been declining since the first...-digit drop of -10.9 percent in 2013. The sharpest quarterly rate of decline was seen in Q4 2012

    7%

  9. Newsletter 251 -22/05/2020

    Newsletters

    salvaging something from the peak tourism season in Q3. Not only would it mean suffering a lower drop... for an economic contraction of close to 10 pct, with a strong rebound in 2021. On the fiscal front... turnover drops by 9.3 pct in March Index marks sharpest decline since June 2016 The drop

    7%

  10. Retail sales rise by 1.5 pct in Apr, food volumes down by 4.2 pct
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    a strong drop in May, up by 19 points from July last year. Overall, Greece’s economic sentiment..., with a rise of 1.5 percent year-on-year (YoY), from a marginal drop of 0.3 percent in March, Hellenic... index increased by 1.9 percent, after a drop of 3.9 percent in the previous month. The volume’s

    7%