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Energy drives 1.2 pct YoY drop in Nov producer prices as other categories increase strongly
EconomyMacroeconomyof 48.8 percent annually. Month-on-month (MoM), the index was up by a marginal 0.3 percent, from.... The products sold in the domestic market rose by 0.1 percent annually, led by textiles that were up... goods increased by 1.8 percent, capital goods were up by 3.7 percent, durables up by 6.3 percent
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Newsletter 94 - 04/11/2016
goal is still to try to wrap up the second review by the end of November so the December 5 Eurogroup... flexible labour model with security, which includes a deregulated institutional framework of employment... is “bearing the fruits from the reforms over the past years”. There were also warnings for Cyprus to “keep up
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BoG runs numbers to show how tackling NPE stock will benefit banks' bottom line
EconomyBankingmodel by financing tradable industries. BoG analysts note that the current stock of NPEs has.... The sensitivity analysis shows that a reduction of up to 10 percent of NPEs will increase the banks pre-provision income by 11.2 percent. Equally, the return on average assets would be up higher by up
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Public sector capital stock in Greece and the Euro-19
Agorahand, that they use capital efficiently as long as GDP growth keeps up (relatively high productivity... is if the consumption of fixed capital speeds up somewhat ahead of our notional 5 percent depreciation..., IT infrastructure, etc., then this changing composition toward shorter-lived capital speeds up
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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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A sudden turnaround that could lead to sharp shock
Agorathe economy up to the end of April. They could potentially reach 90 pct of companies that have been... year of the adjustment in 2010, GDP dropped by 5.5 pct. This followed by the deepest drop seen... came to a standstill and shipping routes dried up as global trade seized up, led by China, which
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Labour Ministry 2015 data shows increase in employment, marginal drop in average wage
Economyemploying a total number of 1.67 million employees in 2015. Three quarters of firms were employing up to four employees, and almost 9 out of 10 up to 10 employees. There were also 523 large corporates... euros in 2015. The report showed 22.5 percent were part-timers, 4 out of 10 received a salary up
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Car sales drop by 0.8 pct in September
EconomyMacroeconomygone up. In September last year, car sales registered a rise of 30.1 percent. Car sales.... The remainder was made up of motorcycles (3,217), lorries (1,863), and buses (113). Passenger cars accounted..., totalling 131,712. In the first nine months of the year, the remaining sales were made up of motorcycles
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General govt primary cash deficit of 4.84 bln in May, arrears drop by 163 mln
EconomyMacroeconomyof the total, hospital arrears make up the majority of arrears during the month, followed by SSFs... in EFSF/ESM/IMF loans which came to 250 billion euros in May and made up 69.2 percent of the total... billion, making up 3.2 percent of the total. Bonds showed a rise of 7 million euros, which Bank
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General govt primary cash deficit of 7.46 bln in June, arrears drop by 10 mln
EconomyMacroeconomyarrears make up the majority of arrears during the month, followed by tax refunds at 30.4 percent each... in July and made up 8.8 percent of the total. In other underlying categories, a rise of 200 million euros was seen in T-bills, making up 3.6 percent of the total. Bonds showed a rise of 2 million
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