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Newsletter 234 -10/01/2020
in the categories of mining of lignite, was the main driver for the drop in the headline figure. Greece’s... a revised upwards rise of 0.1 percent versus a 0.3 percent drop in October, according to ELSTAT... revised drop of 7.6 percent in October. The sharp drop in the index was driven largely by a 9.4 percent
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Industrial turnover drops by 2.4 pct in February
EconomyMacroeconomy. The drop in the domestic market was driven by mining and quarrying turnover dropping by 12.4 percent while manufacturing fell by 1.2 percent. In the non-domestic market, the drop in turnover was led... fell to 7.9 percent. The monthly movements in mining were led by the sharp drop of 61 percent in coal
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Athens expects emergency economic measures to contain 2020 contraction to 4.7 in baseline
Economyon Greece’s external sector then the output drop in 2020 will reach 8 pct. It is worth noting that had... economic collapse. Private consumption is expected to drop by 4.1 pct, while public spending will rise... and the external environment deterioration will get reflected on a 19.2 pct drop in exports of goods
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Newsletter 251 -22/05/2020
salvaging something from the peak tourism season in Q3. Not only would it mean suffering a lower drop... turnover drops by 9.3 pct in March Index marks sharpest decline since June 2016 The drop... by 9.3 percent year-on-year (YoY) in March compared to a drop of 2.4 percent in February, Hellenic
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GDP falls by 14 pct QoQ in Q2 and by 15.2 pct YoY to reach historic low
EconomyMacroeconomyto a milder drop of 0.6 percent in Q1. Household expenditure fell by 11.3 percent, while general... to drop by 4.1 percent in 2020 and public consumption is seen as rising by 1 percent. Final... percent this year. Exports The breakdown of the drop in export goods and services showed
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Newsletter 262 -04/09/2020
. General government consumption fell by 3.2 percent YoY. The breakdown of the drop in export goods... expenditure edged down by 9.3 percent QoQ compared to a milder drop of 0.6 percent in Q1. Household... percent in June following a revised drop of 4.6 percent in May, Hellenic Statistical Authority
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Draft budget sees EU funds fuelling recovery of 7.5 pct in 2021, after 8.2 contraction this year
EconomyMacroeconomyProgramme of 2020. Following the sharp drop of 15.2 pct in the second quarter of the year, the Finance Ministry expects the third quarter to drop by circa 10 pct on an annual basis in the third quarter... pct, investments by close to 11 pct, exports will collapse by close to a quarter and drop by 24.8
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Newsletter 277 -11/12/2020
in five out of six underlying subcategories. The biggest decrease came from tax refunds with a drop... to a drop of 24 percent in September, data from the Hellenic Statistical Authority (ELSTAT) released... billion euros, showing a drop of 16.9 percent YoY. At the same time, exports totalled 2.68 billion euros
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Industrial turnover drops by 2.9 pct in November
EconomyMacroeconomyto a revised drop of 14.3 percent in October, Hellenic Statistical Authority (ELSTAT) data published... a recovery compared to recent months. The performance was led by a 3.4 percent drop in the mining... in the domestic market fell by 5.3 percent. The drop in the domestic market was driven by a fall in manufacturing
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Company closures dropped sharply during the pandemic
EconomyFeaturesin the jobs market, where monthly figures from the Labour Ministry’s Ergani database show a huge drop in both... in the number of closures to 158. The biggest drop was in information and communication, where there were 40.3 percent fewer closures, and construction, where the drop was 32.8 percent. There were
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