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  1. Newsletter 276 -04/12/2020

    Newsletters

    , even though government spokesman Stelios Petsas was forced to provide an official response... both previous official assessments on Greece taking place before the pandemic broke, the Fund updated... thanks to the specific characteristics such as the large cash buffer, large official sector ownership

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  2. Deflation rises again in Greece: CPI down by 0.8 pct in September

    EconomyMacroeconomy

    2013 (-2.9 percent). Official forecasts by the troika and the Greek government see a second... and services, only 2 posted an increase in prices, namely health (up 3.8 percent) and alcoholic beverages... of education (down 3.3 percent), clothing and footwear (down 2.6 percent) and miscellaneous goods and services

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  3. Greek deflation shoots up to 1.7 pct in October
    Photo by MacroPolis

    EconomyMacroeconomy

    of deeper deflation compared to the 0.9 percent posted in 2013. For the next year, official projections... year on year (YoY) and 0.9 percent MoM. From the 12 main groups of goods and services, only one... and services (-2.2 percent). In addition, prices in three categories, namely transport (-0.5 percent

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  4. Study outlines economic potential of targeting senior and health tourism
    Photo by Yannis Drakoulidis/Fosphotos

    Society

    properties. Of these, 123 applied with the Ministry of Tourism for official certification and only 48 received it. Few of the springs have modern facilities offering modern services. The report noted... further away, and stay there longer. They also expect good-quality services.” About 18 percent

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  5. The dragon's head roars in Athens
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    , the official Chinese term for the ‘Belt and Road Initiative’ (BRI)). Beijing and Athens spoke.... Furthermore, Bank of China and ICBC can offer their digital services to the growing number of Chinese... and butter areas of banking services. After an initial consolidation process, they could explore other

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  6. Newsletter 266 -18/09/2020

    Newsletters

    pct. This is in line with the European Central Bank’s estimates and is based on the latest official... unemployment rate in the EU and with a very large tourism sector, big shares of services and SMEs... a significant deterioration in the services balance, which was partly offset by the improved balance

    4%

  7. Unemployment creeps up to 27.6 pct in July; little tourism boost evident
    en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    EconomyMacroeconomy

    percent, followed by Macedonia-Thrace with 29.9 percent. Attica’s rate is 27.9 percent. These official... of arrivals had created expectations that services jobs could absorb and offer even seasonal relief

    4%

  8. The euro debate Greece is not having
    Photo by Harry van Versendaal

    Agora

    You may be amongst those who are not convinced of the devastating effect that the policy mix and pace of fiscal contraction in Greece is having on society. If so, you may subscribe to the official..., subdued demand and high unemployment because we will remain a services economy with low value added

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  9. Tourism turnover index slows but signs remain positive
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    . Stronger tourism also led to lower recession this year, up to 4 percent according to latest official...Turnover Index in Accommodation and Food Services rose 1.2 percent in the third quarter 2013, decelerating from the 5.2 percent posted in the second quarter, according to Hellenic Statistical

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  10. Greek Q4 GDP down 2.6 pct, shrinks 3.7 pct in 2013 - better than troika estimates

    EconomyMacroeconomy

    by the official sector, rating agencies and international brokers show a divergence for 2014... exports of services up 8.8 percent in the third quarter, offsetting to a large extent the strong

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