Economy
A closer look at the composition of Greece's bad loans
In addition to an update on the evolution of non-performing exposures (NPEs), the Bank of Greece (BoG) review report on the Greek banking system published in late July also revealed a number of characteristics regarding the quality of NPEs.
Building activity slumps by 21.7 pct in June for sixth successive month
Greek building permits fell for the sixth straight month by 21.7 percent in June, at a slower pace compared to the 31.5 percent drop recorded in May, Hellenic Statistical Authority (ELSTAT) data displayed on Monday.
Greek stocks drop 2.6 pct over week, banks drop 7.4 pct after big gains last week
The Greek equity market mostly traded on negative grounds with subdued volumes this week, ending it down 2.6 percent, which almost offsetting the gains of 3 percent posted in the previous week.
Industrial production up for fourth straight month in July with 4.1 pct rise
Greek Industrial Production Index (IPI) rose for the fourth successive month in July, albeit at a decelerating pace of 4.1 percent, after an upward revised increase of 7.9 percent in June, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
CPI drops by 0.9 pct in August
Τhe Greek Consumer Price Index (CPI) fell at a slightly slower pace of 0.9 percent in August, after dropping by 1 percent in July, Hellenic Statistical Authority (ELSTAT) data displayed on Friday.
Unemployment rate edges down to 23.4 pct in June, lowest since March 2012
Greece’s seasonally adjusted (SA) unemployment rate edged down to 23.4 percent in June following an upwards revised rate of 23.6 percent in May, Hellenic Statistical Authority (ELSTAT) labour force survey displayed on Thursday.
Car sales rise at a slower pace of 14.1 pct in Aug
The number of road motor vehicles (going into circulation for the first time) increased by 14.1 percent in August, decelerating from the exceptionally high 42.9 percent growth rate in July, which also reflected a low base effect, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.
General government primary cash surplus grows to 4 bln by end-July, arrears fall to 6.9 bln
Greece’s general government (gg) primary cash surplus grew by almost 1.7 billion euros to 4.02 billion in the 7-month period of 2016 from 2.33 billion a year ago, the Finance Ministry (MoF) gg bulletin displayed on Wednesday.
Trade deficit expands by record 88.9 pct in July
Greece’s trade deficit soared 88.9 percent in July following a 3.1 percent decline in June, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
Greek VAT gap narrowed 22.4 pct to 4.9 bln in 2014, EC report shows
The European Commission (EC) published a report on Tuesday examining the evolution of the VAT gap in EU countries based on the most recent data available, from 2014.