Credit growth at 2.1 pct in Oct, but flow negative by 856 mln
Deposits drop by a sharp 2.14 bln in Oct, driven by corporations
Aug sees second annual drop in building activity with 4 pct decline
Final budget data for Oct verifies solid tax revenues on back of indirect and income tax haul
Despite slowdown, property prices jump by 11.9 pct YoY in Q3
Rise of 17.3 pct in arrivals by Sept means receipts already exceed 2019 record
Q4 GDP contracts 0.6 pct QoQ, recession of 0.7 pct in 2015
The Greek seasonally adjusted (SA) GDP at constant prices fell quarter on quarter (QoQ) by 0.6 percent in the fourth quarter (Q4) of 2015 at a decelerating pace compared to the downward revised 1.4 percent drop in Q3, the Hellenic Statistical Authority (ELSTAT) flash estimates showed on Friday.
Following the revision of previous quarters, the headline figure for Q4 indicates the third negative reading in the course of 2015. Market polls were calling for a higher GDP contraction of 0.9 percent in Q4.
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