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Newsletter 91 - 07/10/2016
. This represents a significant climbdown for the government, as Fylis had been adamant that the way Greek... and businesses totalling 2.5 billion euros in 2017. The Syriza-led government is seeking to outperform
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Newsletter 235 -17/01/2020
organised by the American-Hellenic Chamber of Commerce on Monday, Mitsotakis was adamant... to 12.8 percent in 2019 Passenger car sales rose by 13.2 percent in 2019, totalling 185,120. Road
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A breakdown of Greece’s revised financing needs as part of its new ESM programme
EconomyProgramme) loan (1 billion). On top of debt amortisation and interest payments totaling 54.1 billion... involve: 1) SMP and ANFA income totaling 7.7 billion euros until July 2018. It is noteworthy
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QE arrives for Greece
Agora; thus including Greece (approximately totaling 12 billion euros). This effectively means that Greece... bond totaling 2.5 billion euro in late January 2020, put the government in a position to meet its
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Greece saw first annual deflation in almost half a century in 2013
EconomyMacroeconomyThe drop in Greece’s Consumer Price Index (CPI) decelerated to 1.7 percent in December after peaking with a 2.9 percent decline in November, according to the Hellenic Statistical Authority (ELSTAT). On a monthly basis, the CPI rose 0.9 percent for the f...
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April saw first rise in Greek banks' Eurosystem funding this year
EconomyMacroeconomyGreek banks’ Eurosystem funding increased by 1.27 billion in April, showing a monthly rise for the first time since December 2013, according to the Bank of Greece's (BoG) monthly financial statement. The headline figure stood at 61.96 billion at the end...
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Most Greeks saw income fall over last year, limiting purchasing power
SocietyThe results of a survey by the Labour Institute (INE) of the General Confederation of Greek Workers (GSEE), which was published on July 17, highlighted how salary earners’ purchasing power has been limited. The survey, conducted in cooperation with Alco...
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Increase in number of services that saw their turnover decrease in Q2
EconomyMacroeconomyThe evolution of turnover indices for the services sector showed a worsening performance in Q2 2014, with 10 out of the 14 types of services, or specific activities of services as they are referred to, posting a negative growth, according to the Helleni...
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Almost all services in Greece saw decline in Q3
EconomyMacroeconomyThe evolution of the turnover indices for the services sector showed a further worsening in the third quarter (Q3) of 2014 with 12 out of the 14 service activities recording a drop, according to the Hellenic Statistical Authority (ELSTAT). In the preced...
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Office prices and rents saw substantial fall in H1 2014
EconomyThe Bank of Greece (BoG) published on Monday for the first time its commercial property price and rent indices. The released data concerns office and retail price and rent levels of prime investment property and cover the period from the first half (H1)...
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