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Most services in Greece see turnover improve in Q1
EconomyMacroeconomyand accounting services (+11.9 percent). On the flipside, the 3 service activities that posted a drop in Q1.... In particular, the highest QoQ drop was posted by architectural and engineering activities (-55.6 percent... percent). In contrast, just two service activities displayed a strong rebound QoQ, namely office
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PMI falls to 46.9 pts in June in ten straight months of contraction
EconomyMacroeconomya sharp decline in new orders at an accelerating pace leading to a drop in production at the fastest..., as well as in consumer and investment. A sharp and accelerated drop was posted in new orders led... to strong competitive pressures and efforts towards new customer attraction. It is noteworthy
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Greek business feeling the pinch from capital controls
Economylosses in excess of 40 percent. According to market sources, the drop in corporate turnover has... found 18 percent of companies indicated a drop in revenue in excess of 50 percent, while 51 percent said... are requesting cash advances for the whole amount, even from large, competitive firms with a strong
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Major fall of 31.6 pct for building activity in July
EconomyMacroeconomyand volume strongly rebounded by 58.2 and 275 percent respectively in July, following a drop in June..., the run rate over the trailing twelve months shows a drop of 8.2 percent in permits, while surface... building permits comes after a cumulative sharp drop by around 80 percent in the preceding six years
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Wages index edges up 0.4 pct in Q4 of 2015
EconomyMacroeconomyafter a revised drop of 0.5 percent in Q3, according to Hellenic Statistical Authority (ELSTAT... revised strong rebound of 5.6 percent QoQ in Q3. The latter indicated the biggest QoQ increase since... has dropped by 26.5 percent. For the private sector, the notable drop over this 5-year period
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Newsletter 71 - 22/04/2016
be in line with the government figure for this year and gradually drop to the IMF proposal by 2018... will be affected, suggesting that the congress, which runs from Friday to Sunday, will be a strong test... a double-digit decline in the last nine months. February’s nosedive came following a drop of 15.4
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Newsletter 91 - 07/10/2016
. For next year, the fund expects a strong growth of 2.8 percent, a figure slightly above the 2.7... to the private sector fell for the second successive month by 629 million in August, bringing the total drop... adjusted unemployment rate remained stable at 22.6 percent in July, on the back of a drop of 15,600
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Q1 GDP provides a positive surprise with 0.4 pct quarterly growth
EconomyMacroeconomyquarter (Q1) of 2017, after a downwardly revised drop of 1.1 percent in the previous quarter... offsetting the negative impact from a drop of 2.3 percent in exports, coupled with a rise of 4.5... (YoY) in Q1, after a drop of 1 percent in Q4 2016. The flash estimates had shown that Q1 GDP contracted
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Newsletter 127 - 14/07/2017
“two very strong signals” regarding Greece. The yield on 812.5 million euros of three-month T-bills... at the end of 2016 from 348.77 a year ago. The decline largely reflects a drop by more than 26 billion..., it dropped at a similar pace of 2.22 billion euros. June’s figure represents the largest drop since
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Could reforms have prevented Greece's economic collapse?
Agorahit hard by the global financial crisis in 2009, when it posted a sharp GDP drop of -4.3 percent... Q3 2010 and Q1 2011. The cumulative drop of private consumption in the 2010-2013 period was close... and Q2 2011. The deepest drop was posted in Q3 2012, when it fell by 32.8 percent. Greece’s exports
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