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Car sales drop by 0.8 pct in September
EconomyMacroeconomy. September’s figure is the first time since May 2017 that car sales figures have declined rather than... of 77,675 car sales was recorded. Although the overall rise in car sales in 2017 was higher than that for 2016 (+11 percent), and higher than 2015 (+13.5 percent), it remained less than half
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Hirings balance positive by 6,556 in September but momentum slows down year-on-year
EconomyMacroeconomyThe employment balance returned to positive territory in September with 6,556 more hirings than... for the year so far, and revealed that the majority of firings were layoffs rather than voluntary... noted in the 15-24 years age group, where 22,606 more people were fired than hired, and in the 64
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Newsletter 179 -19/10/2018
, slightly lower than the 9.6 percent growth seen in March. In nominal terms, the Greek economy grew by 2.1... than the initial nominal growth estimate of 9.9 percent. According to the latest data, the Greek... territory in September with 6,556 more hirings than departures, data from the Labour Ministry’s Ergani
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Car sales rise by 19.2 pct in October
EconomyMacroeconomy. September’s figure was the first time since May 2017 that car sales declined rather than went up... in 2017 was higher than that for 2016 (+11 percent), and higher than 2015 (+13.5 percent), it remained less than half of the record high of 372,892 vehicle registrations in 2007. A contributing factor
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Apartment prices up by 2.5 pct in Q3 as recovery trend continues
EconomyMacroeconomyhas contracted by more than a quarter since the end of 2010. The household lending sector’s negative... than that for 2016, it remains around 86 percent lower than the peak of 95,730 permits issued in 2005. The majority of building activity centres around refurbishments of old properties rather than new
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Newsletter 183 -16/11/2018
, seeking to build on the momentum created by the approval of more than 800 million euros in backpay... to a Bloomberg report, will be to reduce them by more than 40 billion euros. At the same time... to the scheme that was used in Italy and envisages lifting more than 15 billion euros off banks' books
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Newsletter 184 -23/11/2018
Ministry included tax cuts and social spending measures worth more than 900 million euros, up from... than spending. Looking ahead, GDP growth is projected to edge up in 2019 as the recovery in private... departures than hirings, according to data form the Labour Ministry’s Ergani information system. October
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Greek tourism building strength but needs to diversify, PWC study finds
EconomyFeaturesfinancial performance than in lesser destinations. Due to the concentration of arrivals in popular..., a typical greenfield project takes more than 15 years to complete and most of them never make..., there were more than 65 operating hotel companies and 35 hotel properties advertised for sale. Regarding
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Tsipras points to tax cuts as example of bailout exit benefits
PoliticsGreek Politicswith a value of less than 60,000 euros, as measured by the tax authorities, will see a 30 percent... will be 21 percent, while it will drop to less than 10 percent for properties worth 100,000... to the reduction of the corporate tax rate will be spread out over several years rather than being carried out
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Newsletter 185 -30/11/2018
next year. According to the government, those owning property with a value of less than 60,000... it will drop to less than 10 percent for properties worth 100,000 to 150,000 euros. Overall, almost 6... rather than being carried out in one go. The other measure announced was this year’s “social dividend
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