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Industrial production rebounds strongly in August with 4.5 pct rise
EconomyMacroeconomywith that in October 2012) since November 2007. The strong rise is largely attributed to electricity (+9... industrial grouping showed only one posted a sharp drop, namely capital goods (down 24.7 percent... industrial activities displayed mixed trends. Strong double-digit growth was recorded in tobacco
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Greek stocks up by 1.3 pct this week on banks’ 12.4 pct rebound
Economygained 12.4 percent this week, largely due to the positive reaction on Thursday, following a strong... (+3.3 percent). On the other side of the spectrum, Eurobank recorded strong losses (-12.5 percent... on Wednesday a trading update for the second quarter (Q2) showing a drop in net interest and fee income
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EC sees milder Greek recession in 2015, debt ratio to climb to 200 pct in 2016
Economyin 2016 against a strong recovery of 2.9 percent envisaged in its spring forecasts. The current EC..., private consumption is expected to drop 1.3 percent in 2015 and1.7 percent in 2016, before... of 2 percent in 2016, while a strong double-digit rebound of 14.7 percent in forecasted in 2017
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Car sales grow by 7 pct in Dec and by 13.5 pct overall in 2015
EconomyMacroeconomy(-13.8 percent) last year. The July drop was attributed to the imposition of capital controls and October... growth in 2015 follows a strong rise by 30.1 percent in 2014 and a modest increase of 1.3 percent in 2013... sources indicated that the strong rebound in 2014 largely reflected renewal of rent-a-car fleets
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S&P upgrades Greece’s rating by one notch, sees compromise on pension reform by March
Economypeaked in 2015. S&P forecasts the economy to stabilize in 2016, while anticipates a strong GDP... from further drop in oil prices, payment of general government arrears to the private sector and strong tourism. Although S&P notes that there is a possibility the banking system, including smaller
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Newsletter 60 - 29/01/2016
in 2015, broadly in line with the 0.3 percent drop indicated by S&P last Friday. Stathakis appeared overly optimistic for 2016, expecting a strong economic growth rate, which is in contrast... that a series of half-measures and a strong dose of wishful thinking are not going to be enough
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Newsletter 61 - 05/02/2016
this lower tax rate will tone down the strong objections of the self-employed to the higher... of non-permanent advisers with strong links to the leftist party. This suggests that Tsipras.... The faster rate is due to a 7.9 percent drop in imports against a 2.6 percent fall in exports, which
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Travel receipts fall 4.7 pct in Jan but surplus rises to 32.1 mln
EconomyMacroeconomy) and France (-7.4 percent). Arrivals from Russia posted the biggest drop by 17.4 percent accounting... strong double-digit growth from the US (+63.2 percent) followed by Germany (+4.6 percent... to SETE, the key preconditions for strong tourism performance and confirmation of its forecasts this year
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Elektroniki’s bankruptcy reflects struggles of consumer electronics sector
EconomyFeaturesof a drop in demand, the capital controls introduced last year and a lack of confidence in the Greek... of Kotsovolos, mentioned strong year on year sales in Greece as a contributing factor to their 21 percent rise... indicator eased 0.2 points to 3 in March 2016, after recording strong gains of 34.2 points over
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BoG reveals medium-term economic forecasts, sees growth of 2.5 pct next year
EconomyMacroeconomyof 2018. Following two recessionary years, the BoG estimates a strong GDP rebound of 2.5 and 3... household tax burden. Investments are also expected to drop by 0.9 percent in 2016, despite an anticipated... is supported by strong tourism, positive prospects in services and trade companies, low wage cost and lack
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