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Current account deficit widens to 404 mln in March
EconomyMacroeconomyto 5.01 billion, while imports fell at a similar rate by 7.7 percent to 9.19 billion. Lower oil prices... a sharp drop in the primary income surplus (by 859 million) followed by a narrowing of the services
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Apartment prices drop 0.6 pct in Q4 and 2.2 pct overall in 2016
EconomyMacroeconomyin the apartment prices index follows a decelerating trend with the 2016 rate of -2.2 percent being... percent in the last ten years. The latest official estimates, which were included in the baseline
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OECD sees stable growth of 2.2 pct next year and persistent structural challenges
EconomyMacroeconomyby 2.3 pct this year, 2.2 pct in 2025, and 2.5 pct in 2026, driven by rising disposable incomes...The OECD published on Wednesday the latest economic outlook with the growth estimates for Greece broadly in line with other international organisations and the Finance Ministry’s forecasts
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Industrial Production Index in negative territory for the year, at -2.2 pct in April
EconomyMacroeconomyThe Greek Industrial Production Index (IPI) fell 2.2 percent in April following a downward revised 2.7 percent drop posted in March, according to the Hellenic Statistical Authority (ELSTAT... month on month at 21 points. In addition, 31 percent of the surveyed firms estimated a rise
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Newsletter 297 - 21/05/2021
three months and they continue to receive income from their work. The data showed that there were 142... in bonds following a flurry of new issuance during the quarter. There was also a 2.2 billion-euro increase... intakes to 40-45 pct, which is closer to the estimates the hospitality industry has been publishing
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This is how Greece kept its budget on track in Q1
Agorathe settlement of 2.2 billion euros in tax arrears reached 110 million in the first thirteen days... but the trend reversed in the next two months, with the actual figures coming in 366 and 142 million below... than the target. Salaries and pensions were estimated at an average of 1.56 billion euros per month
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Rebound of 0.3 pct in Greek GDP puts annual estimate of mild recession in sight
EconomyMacroeconomyin the compliance report of the first programme review its earlier estimate pointing to a modest GDP contraction... performance, GDP should improve by 0.3 percent in Q3 and by 0.1 percent in Q4 for the full-year estimate... Statistical Authority (ELSTAT) flash estimates showed on Friday. According to previous ELSTAT figures, Q1
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Newsletter 218 -06/09/2019
. GDP rises by 1.9 pct YoY in Q2 Apartment prices increase by 7.7 percent in Q2 Greece’s seasonally... in the nominal value of apartments in Greece came to 7.7 percent year-on-year (YoY) in the second... quarters of 2018 was 1.3, 2.2 and 2.9 percent, respectively. On average, the revised data shows that house
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Newsletter 109 - 03/03/2017
and in the corporate tax rate. Economic sentiment in Greece fell by 2.2 points in February, after... reached 7.7 billion from July 2015 until December 2016. In addition, the repatriation of funds.... The banknotes’ inflow of 7.7 billion and the repatriation of funds and deposits worth 7.9 billion led
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Turkey's move in Mediterranean puts Mitsotakis under pressure domestically
PoliticsGreek Politicswith Libya last week to delineate maritime borders in the Mediterranean. Athens has labelled the deal “illegal,” arguing that Libya’s prime minister does not have the legal authority to sign such agreements... and creation of EEZs. Greece has also threatened to expel Libya’s ambassador in Athens. Mitsotakis has had
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