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GDP up by 2.7 pct QoQ in Q3, taking growth for first nine months to almost 9 pct
EconomyMacroeconomythe Hellenic Statistical Authority (ELSTAT) revealed on Monday. On an annual basis, Q3 GDP was up... on the previous quarter. Households’ spending was up by 1.1 pct QoQ, from 1.8 pct in the previous quarter... investments also jumped by 18.1 pct. Households’ spending was up by 8.6 pct YoY, from 13.1 pct annual
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Oil drives up trade deficit by 171.8 pct in Feb for highest rise since 2010
EconomyMacroeconomyGreece’s trade deficit continued growing in February, nearly tripling year-on-year, up by 171.8... products and ships, the aggregate deficit was up by 75.6 percent, at 3.79 billion euros. Up to February, imports from EU countries were up by 29 percent to 5.7 billion euros, while imports from non-EU
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Retail sales up by 20.2 pct YoY in Mar, effects of inflation emerge in volume data
EconomyMacroeconomyin the previous year and a much-subdued retail season, even during the annual sales and leading up to Easter... to February, from 2.4 percent month-on-month rise in January. The volume’s monthly movement was up by 1.8... were up by 25.3 percent and department stores sales increased by 28.5 percent. The inflationary
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Producer prices up by 39.5 pct in Aug, reversing trend of monthly drops
EconomyMacroeconomyon Friday. The index was in negative territory for most of 2020, and up until March 2021, when it grew... by refined petroleum products at 78.5 percent, then electricity and gas up 69.5 percent and paper products that increased by 14.2 percent. Goods sold to the foreign market were up by 44.1 percent YoY
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Inflation boosts food sales by 12 pct in May, supermarkets up by 14.3 pct
EconomyMacroeconomymovement was up by 0.2 percent. Compared to May 2022, automotive fuel was down by 5.7 percent, non-food was up by 6.5 percent and food sales were up by 14 percent. Retail sales were led by a 12.4 percent YoY rise in food and beverages, while supermarket sales were up by 14.3 percent. The inflationary
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Manufacturing and mining growth push industrial turnover up by 11.7 pct YoY in July
EconomyMacroeconomyGreece’s industrial turnover picked up pace in July, rising by 11.7 percent year-on-year (YoY) from... (ELSTAT) on Friday. On a rolling 12-month basis, the industrial turnover was up by 1.1 percent. Manufacturing revenue was up by 11.4 percent, with the mining and quarrying grew sharply by 49.7 percent
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Public seems convinced of cover up as PM struggles to escape Tempe tremors
PoliticsGreek Politicsinstructions, authorities tampered with vital evidence and may have taken actions to cover up uncomfortable... and institutionalised indifference for human life.” Cover up suspected At the event, a new opinion poll by Metron... is covering up responsibilities related to the crash. This figure includes 69 pct of respondents who identify
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Government struggles to escape stigma of Tempe aftermath build-up to confidence vote
PoliticsGreek Politicsthat it intentionally intervened in the site in order to cover something up. However, its argument was undermined... nine days after the crash to several ministers and government officials regarding the clearing up... a coordinating role in the clear-up operation. However, the government’s position is seriously weakened
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Government warned to brace for repercussions of farm payments clean-up
PoliticsGreek Politicsto act on delays to farm payments caused by the clean-up operation. Mitsotakis acknowledged that he... that the government’s priority was to speed up payments to legitimate claimants. Privately, the prime... recall” because it involved cleaning up a “sick” system “in motion”, while not endangering payments
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Newsletter 85 - 05/08/2016
, albeit at a slower pace compared to the 16,200 drop recorded in April. It is worth noting... to a sharp drop in HFSF equity to 8.84 billion at the end of 2015 from 24.51 billion a year ago... to other EU member states to be speeded up. Mouzalas admitted that it has been a slow process
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