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Newsletter 279 - 05/03/2021
closures dropped during the pandemic Only one sector saw an increase in the number of closures in 2020... and motorcycles” which saw 8,082 closures. Mostly this was due to it being one of the most populous sectors... of company closures in the sector actually dropped 18.9 percent. In fact, only one sector saw
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Survey reveals working lives, job-finding trends of young Greeks
Societysaw it through to completion. This tended to be people who have completed tertiary education and Greek... surveyed said that they found no type of support helpful. When it comes to finding a job, the most
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Newsletter 296 - 14/05/2021
. Tourism Minister Haris Theoharis also had a rough ride when he appeared on the BBC’s Hardtalk programme on Wednesday. Theoharis, in the UK to promote Greece as a tourism destination ahead of the May 14... in Europe” to get its population vaccinated. Theoharis questioned the claim, although the latest figures
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Athens balances EU line and opts for observer role in Trump’s Board of Peace
PoliticsForeign PolicyHaris Theoharis will take part in the meeting, which is scheduled for this Thursday in Washington. Senior government sources explained that Theoharis, who is responsible for economic diplomacy... in Parliament on January 26, Haris Theoharis said Greece, as a non-permanent member of the UN Security
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Greece saw first annual deflation in almost half a century in 2013
EconomyMacroeconomyThe drop in Greece’s Consumer Price Index (CPI) decelerated to 1.7 percent in December after peaking with a 2.9 percent decline in November, according to the Hellenic Statistical Authority (ELSTAT). On a monthly basis, the CPI rose 0.9 percent for the f...
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April saw first rise in Greek banks' Eurosystem funding this year
EconomyMacroeconomyGreek banks’ Eurosystem funding increased by 1.27 billion in April, showing a monthly rise for the first time since December 2013, according to the Bank of Greece's (BoG) monthly financial statement. The headline figure stood at 61.96 billion at the end...
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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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Increase in number of services that saw their turnover decrease in Q2
EconomyMacroeconomyThe evolution of turnover indices for the services sector showed a worsening performance in Q2 2014, with 10 out of the 14 types of services, or specific activities of services as they are referred to, posting a negative growth, according to the Helleni...
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Almost all services in Greece saw decline in Q3
EconomyMacroeconomyThe evolution of the turnover indices for the services sector showed a further worsening in the third quarter (Q3) of 2014 with 12 out of the 14 service activities recording a drop, according to the Hellenic Statistical Authority (ELSTAT). In the preced...
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Office prices and rents saw substantial fall in H1 2014
EconomyThe Bank of Greece (BoG) published on Monday for the first time its commercial property price and rent indices. The released data concerns office and retail price and rent levels of prime investment property and cover the period from the first half (H1)...
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