Search
-
Travel receipts up 17 pct in May as average expenditure per trip rebounds
EconomyMacroeconomybillion, up 20.6 percent continuing its strong growth in the course of this year. This is fully... a drop in the average non-resident travel spending per trip by 8.7 percent to 470 euros. The breakdown of inbound tourist activity showed strong growth rates in arrivals from the UK (+45.6 percent
6% -
On the Greek crisis and German imbalances
Agorathe leading economists in the world) have been taking a strong stance towards Germany lately... explain the much smaller drop in real output facilitated by speedy internal devaluation at much... than was the case for Cyprus. This author had taken a strong stance against this advice for the case
6% -
Portuguese election: Where those who lost may decide
Agorafueled by low oil prices; and the positive external balance was achieved through a strong reduction... rate in Portugal will drop this year almost 1 point compared to April estimates, although growth... process, is looking for survival. Starting from within his own party, which is showing already strong
6% -
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
6% -
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
6% -
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
6% -
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
6% -
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
6% -
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
6% -
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
6%