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Consumer confidence rises sharply by 4 points in May, other components drop
EconomyMacroeconomyIndicator (EEI) dropped to 116.5 points, from 120.5 points in the previous month. The EEI is up by 1 point... points, from 6.2 points in the previous month. Since June 2024, industry confidence is up 1.5
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Travel receipts drop by 3.6 pct YoY in Sep, but still on course for record year
EconomyMacroeconomyin September reached 5.68 million, up 3.6 percent YoY. Arrivals from the EU totalled 3.6 million... increased by 9 percent to 20.13 billion euros. Payments also increased to 2.65 billion, up 28.4 percent
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Retail sales growth slows to 1.7 pct YoY in Nov on back of sharp drop in fuel transactions
EconomyMacroeconomypercent and food and beverages were up by 2.6 percent. Clothing and footwear moved marginally with 0.2..., with fuels down by 7.2 percent, a 1.1 percent rise in foods and non-food up by 4.2 percent
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Newsletter 104 - 27/01/2017
for the review to be wrapped up soon (the Eurogroup on February 20 remains the key date), nobody could give any... profile, reducing the interest rate risk and waiving the step-up interest margin for 2017... points (pp) by 2060, while gross financing needs are foreseen to drop by almost 5pp over the same
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Nightmare on Democracy Street
Agoraof Golden Dawn supporters recently attacked Communist Party (KKE) members who were putting up... unions and voters, as well as corrupt businessmen. This unsustainable model, which New Democracy... songs. With one swing of a switchblade, Greece’s tormented past caught up with its troubled present
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Optimism and obstacles in Spain
Agorareform is a great example, I tell them ‘No, thank you’.” “When I hear that Spain must be our model... and France were struggling, Spain’s growth inched up 0.6 percent of the GDP. “There is a necessity... are picking up and the successive labour reforms seem to have boosted competitiveness. “The Spanish
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Bank of Greece warns of dangers in failure to reach deal with lenders
EconomyMacroeconomygrow in 2015 and further pick-up in 2016, the report points outs that the prevailing uncertainty...-oriented model include: 1) Continuation of structural reforms to products and services that would... ratio, which edged up to 33.8 percent at the end of 2014 from 34.2 percent in Q3 2014 and 31.9
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Amid exit speculation, growth strategy offers chance for coalition to show intentions
PoliticsGreek Politicsthat can be deferred this time and everything has to be wrapped up by the June 21 Eurogroup. Athens... is to avoid returning to the model in place before 2008 and the second is to develop a holistic programme... in drawing it up. The departure this week of Dimitris Papadimitriou from the Economy Ministry
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Question mark over pension cuts in 2019 draft budget as Athens looks to lenders
EconomyProgrammeon Monday as it steps up its efforts to scrap the measure, which was pre-legislated last year. A senior... as part of the effort to back up its argument, which is based on the premise that Greece continues... on the creditors’ side about the government’s efforts to speed up and encourage an increase to the minimum
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Second post-MoU review set to begin as Athens eyes return to bond markets
EconomyProgrammeby the European Central Bank and eurozone central banks. Among the issues that will be up for discussion... to give more handouts in the run-up to elections. Another issue that will be high up on the agenda...-of-court Estia scheme in Cyprus, which involves the state partly subsidising mortgages. The new model
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