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Newsletter 48 - 23/10/2015
reports indicate it could not fall below 20 percent or more than half of the current levels. Greek banks.... This was the highest negative reading since October 2009. The decline is attributed to the fall... not mean that it can yet be deemed a winning strategy. Why was it a risk to claim he could be the new
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Tracing the decline of the middle class as parties vie for its votes
EconomyFeaturesmeans that its absolute boundaries will change through time. If incomes rise or fall as a whole... and 40-45,000 euros. By any metric these would fall squarely within the country’s top earners..., Tsakalotos’s alternate minister Giorgos Houliarakis, gifted the opposition a winning card when he told
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Newsletter 214 -12/07/2019
CPI fall on an annual basis was driven by a 1.8 percent drop in the price of household equipment... by a fall of 13.1 percent in the electricity production index, followed by a 10 percent decline... promised tax cuts Given New Democracy’s After winning a landslide victory in Sunday’s elections, Kyriakos
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Polls indicated support for two main parties growing as start of elections marathon looms
PoliticsGreek Politics, although there is a 1-point fall for the Communist Party (KKE) in fourth, dropping to 5 pct. Nine... in a second vote, although the threshold is expected to fall to 37-38 pct from around 44-45... a clear winner as the proportional representation system that will be employed requires the winning party
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Fall in industrial production speeds up in October with 5.2 pct drop
EconomyMacroeconomyThe Industrial Production Index (IPI) took on a faster downward trend in October with a drop of 5.2 percent following a 1.3 percent decline recorded in September, according to the Hellenic Statistical Authority (ELSTAT). The October performance led 10-m...
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Narrowing of trade deficit slows in November as exports fall 22.5 pct
EconomyMacroeconomyGreece’s trade deficit narrowed 2.4 percent to 1.54 billion euros in November, while the respective 11-month figure fell 12 percent to 17.86 billion, according to the Hellenic Statistical Authority (ELSTAT). The change to November shows a continued dece...
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March fall for Greek industrial turnover is ninth in 15 months
EconomyMacroeconomyAfter a temporary stall in February, the Turnover Index in Industry resumed a negative trend in March easing by 1.1 percent, according to the Hellenic Statistical Authority (ELSTAT). The February reading was revised from a marginal drop of 0.1 percent t...
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Greek trade deficit rises further in April as exports fall by 20.8 pct
EconomyMacroeconomyGreece’s trade deficit rose for the third straight month at an accelerating pace of 17.2 percent in April after increasing by 14.7 percent in March, according to the Hellenic Statistical Authority (ELSTAT). April’s performance led the 4-month trade defi...
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Decline in Greek CPI slows to 1.1 pct in June after sharper fall in May
EconomyMacroeconomyThe Consumer Price Index (CPI) fell 1.1 percent in June, decelerating from the 2 percent drop in May, the Hellenic Statistical Authority (ELSTAT) said on Wednesday. The monthly evolution shows the CPI rose 0.6 percent month on month, primarily attribute...
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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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