Search
-
Growing hopes that Greek recession will be milder than expected
Economycontract around 1.5 percent in Q3 and 3.5 percent in Q4. This results in a GDP fall of 0.7 percent..., though, that the bank expects a bigger decline in 2016, when it believes GDP will fall by 2 to 3... provided its latest economic forecasts. Its quarterly review report predicted that GDP would fall
8% -
Newsletter 63 - 19/02/2016
to change that. Consumer price fall accelerates The fall in the Greek Consumer Price Index (CPI... decline. Fall in apartment prices eases Greek apartment prices decreased by 5.4 percent in the fourth
8% -
Newsletter 68 - 01/04/2016
government will have to agree to in order to conclude the current bailout review. Bank deposits fall... at an accelerating pace of 3.8 percent. Retail volume also declined by 2.2 percent. The fall... fall flat on their faces, SYRIZA leader Alexis Tsipras somehow thought it would be a good idea
8% -
Newsletter 89 - 23/09/2016
percent to 12.11 million in the first seven months, while the fall in the average expenditure per trip.... The downswing in July reflects a fall in manufacturing turnover by 6.1 percent. The turnover..., dropping by 5.3 and 6.7 percent, respectively. The downswing in July reflects a fall in manufacturing
8% -
Travel receipts drop 9.2 pct in Aug, dragging balance down 10.6 pct
EconomyMacroeconomyat an accelerating pace of 9.2 percent from a 3.5 percent fall in July, Bank of Greece (BoG) figures showed.... The 8-month travel surplus retreated 8.8 percent to 8.43 billion euros. The ongoing fall in travel revenues... of non-licensed accommodation. As a result, 2016 travel receipts will likely fall below last year’s
8% -
Newsletter 124 - 23/06/2017
positive signs after deterioration in March The improvement in the headline figure is from a fall... of Greece (BoG) figures showed. The improvement in the headline figure comes from a fall... was reduced by 250.6 million to 2.99 billion euros, reflecting the fall in the good’s deficit along
8% -
PMI at 50.5 in June, posting first growth in 10 months
EconomyMacroeconomyorders continued to fall slightly in June. The growth in orders led to the first increase in output... and leading to a fall in the rate of unfinished work. Despite this, firms marginally reduced input... growth in June and will raise hopes of a further fall in the country’s substantial unemployment rate
8% -
Current account deficit rises by 124.3 mln in May
EconomyMacroeconomy. The travel balance rose by 2.5 percent to 925.9 million euros, reflecting a fall in travel payments..., attributable largely to a fall of 2.4 billion in holdings of foreign bonds and T-Bills. At the same time... net fall in liabilities reflects a decline of 676 million in foreign holdings of Greek government
8% -
Current account surplus at 1.21 bln in September on services balance growth
EconomyMacroeconomyby 47 million and 4.3 million, respectively. The BoG notes that the fall in the deficit of goods... decrease in residents’ external assets, attributable for the most part to a fall of 340 million euros... in liabilities was driven by a fall of 2 billion in non-residents holdings of Greek government bonds
8% -
Current account deficit at 624.1 mln in October as goods balance worsens
EconomyMacroeconomyfrom a fall of 2.1 billion euros in holdings of foreign bonds and T-bills. A net increase...-Bills. A net decrease in liabilities was driven by a fall of 1.5 billion in non-residents holdings... in October from 6.56 in September, reflecting a fall of 155 million euros from the figure for the same
8%