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Travel receipts rise by 8.8 pct YoY in June, arrivals drop marginally
EconomyMacroeconomy3.31 billion euros, compared to 3.04 billion euros in 2024, up 8.8 percent year-on-year (YoY... to 1.4 billion euros. Average expenditure per trip was up by 10.2 percent to 682 euros from 619 euros... euros. Payments also increased to 1.67 billion, up 24 percent, bringing the travel balance to 6 billion
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Drop in energy costs bring CPI down to 1.8 pct YoY in Sep
EconomyMacroeconomyof 0.1 percent in the previous month. In September 2024, the CPI was up by 2.9 percent YoY... percent and health increased by just 0.1 percent. Education was up by 2.7 percent. Housing costs... up by 9.9 percent YoY. After moderating for nearly three quarters below the headline CPI
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Q1 GDP growth slows to 0.2 pct QoQ as investments drop
EconomyMacroeconomypercent and services were up by 4.2 percent. Compared to Q1 2025, final consumption increased by 1... imports were up by 0.5 percent. Goods exports increased by 2.8 percent YoY, while services were up
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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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Don't let the facts get in the way of "Argentinology"
AgoraAires’s trade flows. Combined with other shocks that effectively dried up the flow of capital... country risk. The spread on the country’s debt shot up from 300 to 1500 basis points following... pick-up only left a small portion of 7 percent of holdouts who refused to exchange, part of which
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Parties take another look at granting vote to Greek expats
Society. The bargain The issue of the expat vote appears to have climbed up the political agenda as the result... to open this issue [of breaking up large electoral districts] he has only to support our proposal which... of up to 15 seats in Parliament (1/20 of the total), which are not attached to a geographical
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BoG report notes challenges to Greek economy, issues warning over high fiscal targets
Economycriticised the current model for deterring private initiative, and risking turning Greece “from... of Greek banks was also flagged up as a hurdle to recovery, since dealing with the matter eats up... reforms as well as speeding up their implementation. Reforms relating to the efficiency of public
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Impact of Delta variant hampers government's plans
PoliticsGreek Politics. However, a model for projecting coronavirus cases, suggests that there may be as many as 18,000 a day... and the findings in opinion polls that 40 pct of those who have yet to receive a vaccine have made up... suggestion that it might be able to collect up to 50 pct of the revenues it gained in 2019 is looking
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Newsletter 313 - 22/10/2021
-to-GDP ratio moved up to over 206 pct of GDP last year. The latest data does not include the guarantees... in the region of 2 pct of GDP up to 2060. The Finance Ministry was also kept busy this week in the push... medium-term concerns as the current model remains focused on consumption. It notes that the average
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On monetary policy and inflation targeting
Agorabefore turbulence hit, beginning in 2008-09. Inflation has since then become unstable with swings up...). As a result, economic activity may slow down and unemployment may go up, until the balance... to rise above the medium-run target of 2 percent for some time to catch up with the price level target
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