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Building activity drops by 3 pct in September, permits increase above 1,000
EconomyMacroeconomyBuilding permits declined by 3 percent in September, easing from the drop of 5.2 percent noted...) figures showed a 0.6 percent drop in apartment prices year-on-year in the third quarter of 2017. This followed a drop of 1.1 percent in Q2. Apartment prices have been falling since the first quarter
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PM insists on 3 pct election threshold, unveils plans to entice diaspora voters
PoliticsGreek PoliticsPrime Minister Kyriakos Mitsotakis appears insistent that he has no plans to change the 3 pct... for entering Parliament will remain, as usual, at 3 pct” appears to remove one of the variables from... to gain more than 3 pct (ranging from 3.5 to 5.3 pct). Movement for Democracy is on 2.9 pct, with Niki
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Apartment prices rise by 2.6 pct in Q4, increase 4.2 pct in 2020
EconomyMacroeconomyof 67.5 in Q3 2020. Old apartments, classified as over five years old, saw their prices increase by 3... percent in other areas of Greece in the fourth quarter. For the whole of 2020, apartment prices... and 1.8 percent in other areas of Greece. Apartment prices in Greece began to decline in the first
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Apartment prices fell 7.5 pct in Q1, down for the 21st successive quarter
EconomyMacroeconomyApartment prices in Greece fell by 7.5 percent year on year (YoY) in the first quarter (Q1) of 2014... quarters, this is the twenty-first successive negative reading since Q1 2009. In addition, apartment... by 63.4 and 66.2 percent respectively. The index of apartment prices peaked at 102.2 in Q3 2008 and has
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Finance Ministry targets 3 bln from unpaid taxes
EconomyMacroeconomytotalling up to 5,000 stands at 2.3 billion (3 percent). Unpaid tax obligations higher than 5,000... settlement process over a 7-year horizon, with estimated revenues of 3 billion in the first year. Valavani... corporate or state-controlled companies. The Finance Ministry aims to collect 3 billion or one-third
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Reflections on Greece's balance of payments
Agora: consumption (C), investment (I), exports (X), and imports (M). Thus, when demand is equal to supply: Y = C + I + X - M. X - M describes the exports to abroad of what Greece produces in goods... domestically (including energy such as crude oil and natural gas). The balance X - M is called the “foreign
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Greek GDP shrinks 3 pct in Q3, on course to contract by 4 pct in 2013
EconomyMacroeconomyGreek non-seasonally-adjusted GDP contracted 3 percent in the third quarter of 2013, confirming flash estimates released on November 14, according to provisional data published by the Hellenic..., a fourth-quarter GDP contraction at third quarter levels (i.e. at 3 percent) will result in a GDP erosion
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Central gov't cash surplus rises to €3 bln in October despite drop in revenues
EconomyMacroeconomyGreece’s central government primary cash balance posted a surplus of 3 billion euros in the 10-month period from deficit of 3.42 billion last year, according to the Bank of Greece (BoG). This implies... figure of 5.1 billion. The reconciliation of the BoG primary cash surplus of 3 billion to MoF
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Updated Greek reform proposals see 2015 primary surplus reaching programme target 3 pct
EconomyProgrammea primary surplus for 2015 in line with the Economic Adjustment Program target of 3 percent. Reforms As we... (125 million). 3) Public finance management with targeted revenues of 380 million particularly from
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Industrial production drops by 3 pct in February
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) fell by 3 percent in February after rising in the preceding three months, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The February... was manufacturing production (up 3 percent) more than offsetting a drop in electricity and water supply
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