Browse through our Interesting Nodes for Legal Services in Greece Read the Convention Relating to the Regime of the Straits (24 July 1923) Read the Convention Relating to the Regime of the Straits (24 July 1923)
HR-Net - Hellenic Resources Network Compact version
Today's Suggestion
Read The "Macedonian Question" (by Maria Nystazopoulou-Pelekidou)
HomeAbout HR-NetNewsWeb SitesDocumentsOnline HelpUsage InformationContact us
Friday, 29 March 2024
 
News
  Latest News (All)
     From Greece
     From Cyprus
     From Europe
     From Balkans
     From Turkey
     From USA
  Announcements
  World Press
  News Archives
Web Sites
  Hosted
  Mirrored
  Interesting Nodes
Documents
  Special Topics
  Treaties, Conventions
  Constitutions
  U.S. Agencies
  Cyprus Problem
  Other
Services
  Personal NewsPaper
  Greek Fonts
  Tools
  F.A.Q.
 

Athens News Agency: News in English, 08-12-04

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] Economic Sentiment Index at record low
  • [02] GDP up 3.1% points in Q3

  • [01] Economic Sentiment Index at record low

    The Economic Sentiment Index in Greece has dropped to a historic low, according to a survey by the Foundation for Economic and Industrial Research (IOBE), which was unveiled on Thursday. The index dropped for the ninth consecutiv month, mostly mirroring the downward trend recorded in the rest of Europe. The index stood at 66.7 percent, down from 72.9 percent in October, a new record low, as is the case with Spain, the UK, Denmark and the Netherlands in November. The index measures business expectations in the industrial, construction, retail and services sectors, while also taking into account consumer sentiment. According to IOBE, consumer confidence shows signs of recovery, stabilising at last month's low levels and with only a marginal improvement.

    [02] GDP up 3.1% points in Q3

    Greece's Gross Domestic Product (GDP) rose by 3.1 percentage points in the third quarter of 2008 against the corresponding quarter in 2007, and by 0.4 percentage points over the preceding second quarter of 2008, according to figures released on Thursday by the national statistical service (NSS).

    Economic activity in the third quarter of 2008, according to NSS, was characterised by a 16.4-percent reduction in gross investments of fixed capital against the corresponding quarter of 2007.

    The biggest reduction was posted by investments in construction, both of new residences (a 32.7-percent reduction) and other constructions (a reduction of 18.3 percent).

    A reduction of 8.1 percent was also recorded in investments for motor vehicles, while an increase in investments was posted only in the metal products and machinery sector.

    Reductions were also recorded in consumer expenditure, by 1.8 percent, and in imports of goods and services by 8.2 percent, while exports of goods and services rose by 1.7 percent.


    Athens News Agency: News in English Directory - Previous Article - Next Article
    Back to Top
    Copyright © 1995-2023 HR-Net (Hellenic Resources Network). An HRI Project.
    All Rights Reserved.

    HTML by the HR-Net Group / Hellenic Resources Institute, Inc.
    ana2html v2.01 run on Thursday, 4 December 2008 - 15:31:16 UTC