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Wages index improves by 2.7 pct in Q3 for highest rise in almost 6 years
EconomyMacroeconomy) of 2015 after a drop of 2.1 percent in Q2, Hellenic Statistical Authority (ELSTAT) figures showed... index recorded a strong rebound by 9 percent after slipping by 1.5 – 2.5 percent QoQ in the preceding... percent. The drop over this 5-year period largely reflects the effects of internal devaluation
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Car sales down 17 percent in February
EconomyMacroeconomy. Passenger cars recorded a slower drop of 14.8 percent in February with the absolute figure landing... increased by 13.5 percent in 2015 after a strong rise by 30.1 percent in 2014 and a modest rebound by 1.3..., the number of car sales landed at 116,168 in 2015 corresponding to a sharp drop by 67 percent over
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EC expects milder recession of 0.3 pct in 2016, sees debt to GDP at 178.8 pct in 2017
Economyin negative territory in 2016, while the drop in consumption is expected to be partly offset by a positive net exports on the back of another year of strong tourism performance and positive... drop by 0.1 percent in 2016 and rebound by 3.8 percent in 2017. Unemployment is seen edging down
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Newsletter 74 - 20/05/2016
surplus of 2.38 billion, outperforming the target by 1.81 billion, largely on the back of a strong... with strong production characteristics, extroversion and making a contribution to the domestic economy... and a notable drop in loan provisions. Asset quality showed encouraging trends, with NPL formation markedly
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Newsletter 119 - 19/05/2017
from Greece’s creditors is positive and that there are strong prospects for an agreement on May 22... time since 2010. In 2015, the index had eased 0.1 percent, while the biggest drop of 11.9 percent... by 0.5 percent year on year (YoY) in Q1, at a slower pace compared to the drop of 1.1 percent
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Industrial turnover soars 19 pct in May for seventh successive month
EconomyMacroeconomy. The strong performance in May is largely attributed to a solid growth in manufacturing turnover of 18.8.... The strong growth in the non-domestic market stems from a substantial rebound for both eurozone (+28.2...). In contrast, only six sectors posted a drop with the biggest decline recorded by other transport
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Newsletter 128 - 21/07/2017
if bond yields drop after a possible S&P upgrade. The government remained tight-lipped about its plans.... The strong performance in May is largely attributed to a solid growth in manufacturing turnover of 18.8.... The strong growth in the non-domestic market stems from a substantial rebound for both eurozone (+28.2
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Industrial turnover up by 8.1 pct in June for eighth consecutive rise
EconomyMacroeconomy. The strong performance in June originates from an increase in the turnover index for mining... by 17.2 percent, while that in the domestic-market increased at a slower pace by 2.3 percent. The strong... to record a decline with a drop of 7 percent. The detailed breakdown showed that the best performance
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Back from the brink: What next for Greece's property market?
EconomyFeaturesproperties did not fare much better. Between H1 2010 and H1 2015, the cumulative drop in nominal retail... annual fall was posted in 2012 (-11.7 percent), followed by another double-digit drop of -10.9 percent... foreign interest in these markets. However, while the interest is strong, it should be noted
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Marginal increase to 20.8 pct for Feb unemployment rate
EconomyMacroeconomyof those who are unemployed have improved substantially since last year recording a drop of 102,296... drop (-2.9 pps) in unemployment came in the 25-34 year old age bracket, bringing the rate..., the balance improved by 8,114 assisted by strong seasonal jobs hires in accommodation and catering
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