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Gennimata aims to secure centre-left leadership in run-off vote
PoliticsGreek Politicsleader a strong chance of winning Sunday’s ballot, although some commentators have pointed out that New... Democracy’s run-off vote) but both camps are hoping that the drop will not be too dramatic. There were... Democracy in 2016. However, his latest entrepreneurial scheme attracted strong criticism as he
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Industrial turnover rises by 11.4 pct in May, staying positive for fifth consecutive month
EconomyMacroeconomyindex in manufacturing. This offset a drop in the mining and quarrying index by 1.4 percent... industrial groupings, although these were relatively small compared to the strong growth in the remaining... a strong rise of 28.1 percent, which was also the strongest rise overall for this category. The biggest
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Eighteen core goods led exports during crisis, NBG study notes
EconomyFeaturescategory, which covered 27 percent of Greek exports and have a strong share in international markets... international demand, according to NBG. This was despite a drop in their relative prices, and points... their strong market position.
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Industrial turnover rises by 17.5 pct in July for seventh positive month
EconomyMacroeconomy, along with a drop of 4 percent in consumer durables. The energy index grew by 36.6 percent... registered a strong rise of 36.8 percent, which was the second highest rise overall.... Greece’s manufacturers remained strong in their positive outlook as business confidence reached a four
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July current account shows surplus of 1.58 bln as tourism drives services surplus
EconomyMacroeconomyby strong performance in the services surplus which offset a deepening of the balance of goods deficit.... This was driven by imports rising faster than exports in absolute terms. A strong improvement was noted... a 1.7 billion-euro drop in residents' holdings of foreign bonds and T-Bills. A net increase
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Newsletter 181 -2/11/2018
PMI slows to 53.1 in October Order increases and employment remain strong Greece’s Manufacturing... confidence slipped to its lowest level since September 2017. The main drivers for the drop... growth remained strong in October, with new clients and market expansion driving orders. In addition
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Piraeus Bank posts net profit of 94 mln in Q3 and 40 mln in 9M
EconomyBanking, a strong increase of 74 percent QoQ. Operating expenses fell by 6 percent in Q3 to 249 million euros... billion in June. The bank notes that the drop came from shifting interbank repo funding... on the results, Christos Megalou, CEO of Piraeus Bank noted the strong results for the quarter which had been
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Newsletter 212 -28/06/2019
making “mistakes” or “wrong choices” next month. He argued that there has to be a “strong hand..., drop the introductory income tax rate from 22 to 9 percent for those earning less than 10,000... came to -28.3 points. Compared to June 2018, consumer confidence has shown a strong improvement
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Newsletter 213 -07/01/2019
reaffirms the strong fiscal performance over the last years, which saw the primary balance settle at 4.3.... After strong growth in recent months, June’s reading signals the lowest reading since November 2017... contraction is the lowest since January 2011, when a drop of -0.2 percent was noted. The net lending flow
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Newsletter 233 - 20/12/2019
. The strong performance of tax revenues is seen by the government as a vindication of its belief... a strong inverse relationship to per capita income. One of the Washington-based organisation's main..., Hellenic Statistical Authority (ELSTAT) figures revealed this way. The drop in the annual rate is the first
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