Growth in in­dus­trial out­put in Novem­ber

Kathimerini English - - Focus -

Greek in­dus­trial out­put rose 2.3 per­cent in Novem­ber com­pared to the same month last year af­ter an up­wardly re­vised 7 per­cent in­crease in Oc­to­ber, sta­tis­tics ser­vice ELSTAT said yes­ter­day. Look­ing at in­dex com­po­nents, man­u­fac­tur­ing pro­duc­tion grew 1.7 per­cent from the same month a year ear­lier, while min­ing out­put fell 7.9 per­cent. Elec­tric­ity pro­duc­tion in­creased 8 per­cent. their green­house gas emis­sions risks un­der­min­ing the sec­tor’s global ef­forts to tackle the is­sue, the UN ship­ping agency’s chief said yes­ter­day. EU law­mak­ers voted in De­cem­ber in fa­vor of in­clud­ing ship­ping in draft re­forms of the bloc’s car­bon emis­sions trad­ing sys­tem (ETS), which could see the es­tab­lish­ment of a fund to com­pen­sate for the in­dus­try’s car­bon foot­print. The ship­ping in­dus­try, which ac­counts for around 90 per­cent of goods trans­ported glob­ally, has re­jected uni­lat­eral moves by the EU, ar­gu­ing it would dis­tort world trade and in­stead wants the is­sue han­dled via UN agency, the In­ter­na­tional Mar­itime Or­ga­ni­za­tion (IMO). In a let­ter ad­dressed to EU of­fi­cials yes­ter­day, IMO Sec­re­tary­Gen­eral Ki­tack Lim said in­clu­sion of

Greek ship­ping lead. Greek ship­pers own the fleet with the high­est value glob­ally, ac­cord­ing to a sur­vey by the Ves­sel­sValue ship val­u­a­tion firm. It added up to 80 bil­lion eu­ros in 2016, down 12 per­cent from 2015, when it had been val­ued at 90.7 bil­lion eu­ros. It fol­lowed an 11 per­cent de­cline from 2014 to 2015.

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