Macroeconomy
ELA ceiling for Greek banks slashed by 7.8 bln to 77.9 bln after recap
The Bank of Greece (BoG) said on Thursday that the ECB Governing Council decided to reduce the Emergency Liquidity Assistance (ELA) ceiling for Greek bank by 7.8 billion euros to 77.9 billion.
Time deposit rate slips 12 bps in Oct, average loan rate rises by 29 bps
After remaining almost flat in September, Greek households’ new time deposit rate fell by 12 basis points (bps) to 1.06 percent in October, Bank of Greece (BoG) data showed on Wednesday.
Greek PMI edges up to 48.1 in Nov, suggest pace of deterioration slowing
Greece’s Manufacturing PMI continued heading north by 0.8 points to 48.1 in November from 47.3 in October, a Markit survey displayed on Tuesday.
Retail sales drop at faster pace of 5.2 pct in Sept
The turnover of Greece’s retail trade index fell at a faster pace by 5.2 percent in September following a drop by 3.8 percent in August, according to Hellenic Statistical Agency (ELSTAT) data published on Monday.
Q3 GDP slips 0.9 pct QoQ on lower private consumption and investment
Greece's seasonally adjusted (SA) GDP at constant prices fell by 0.9 percent quarter on quarter (QoQ) in Q3 2015, at a faster pace compared to the flash estimate of -0.5 percent released two weeks ago, according to Friday's Hellenic Statistical Authority (ELSTAT) provisional data.
Economic sentiment stable, consumer confidence down 4.5 pts in November
Greece’s economic sentiment (ESI) remained flat from previous month at 86.5 in November, European Commission (EC) data showed on Friday.
Deposit flow turns negative with outflows of 681 mln in Oct
Greek private sector deposit flow turned negative, with outflows of 681 million euros in October after the upward revised inflows of 561 million recorded in September, Bank of Greece (BoG) data showed on Thursday.
Rate of credit contraction edges up to 1.6 pct in Oct
Greek bank credit contraction accelerated slightly to 1.6 percent in October from 1.5 percent in September, Bank of Greece (BoG) figures showed on Thursday.
Budget execution improves significantly in Oct, primary surplus reaches 4.53 bln
Greece’s budget primary balance displayed a surplus of 1.46 billion euros in October from a deficit of 726 million in September, the Finance Ministry (MoF) final budget figures showed on Wednesday.
Apartment prices fall at an accelerating pace of 6.1 pct in Q3
Greek apartment prices fell by 6.1 percent in the third quarter (Q3) of 2015, at an accelerating pace compared to the downward revised 5 percent drop recorded in Q2, Bank of Greece (BoG) data showed on Wednesday.