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  1. Greek bank credit contracts by 2.5 pct in March

    EconomyMacroeconomy

    respectively. The breakdown by segment showed corporate loans fell 2.2 percent to 102.93 billion euros... of the year. Housing loans fell by 3.3 percent in March, from 3.1 percent in February, with balances

    9%

  2. Piraeus Bank brings Q1 2015 losses down to 69 mln
    Photo by MacroPolis

    EconomyBanking

    contracted 2.2 percent QoQ to 71.4 billion euros, with corporate loans making up almost two-thirds of total... percent) while savings showed a modest drop by 3.3 percent. As a result, loan to deposit (LTD) ratio

    9%

  3. The lenders proposals on debt and funding needs that Greeks will vote on in referendum

    EconomyProgramme

    with a disbursement of 12 billion from the EFSF (8.7 billion) and SMP and ANFA income (3.3 billion) coupled... tranche would amount to 4 billion euros (1.8 billion from the EFSF and 2.2 billion from ex-HFSF

    9%

  4. Q2 GDP rebounds by 0.9 pct QoQ on higher consumption and falling imports

    EconomyMacroeconomy

    liquidity. The YoY rate turned negative to -3.3 percent in Q2 after a double-digit rise of 13.9... of services by 2.2 percent offsetting a drop by 2.3 percent in exports of goods. The first half figures

    9%

  5. Disposable income slips 1.6 pct in Q2 on higher income and wealth taxes

    EconomyMacroeconomy

    at an accelerating pace by 3.3 percent in Q2 from 0.8 percent in Q1. Despite the recent rise.... Social security contributions and benefits slipped 2.2 percent in Q2 after rising by 0.8 percent in Q1

    9%

  6. Greek stocks down 4.2 pct over week on global and local concerns

    Economy

    Despite a rebound of 2.2 percent on Friday, the Greek stock market pared only a part of earlier losses ending the week down 4.3 percent amid turmoil in the global markets and concerns on the upcoming... the beginning of the year. The top gainers this week included Mytilineos (+3.3 percent), METKA (+2.5

    9%

  7. Greek banks: Taking stock of a rough 2015 and looking at what lies ahead
    Photo by MacroPolis

    Agora

    for the whole of 2015 eased 2.2 percent year on year (YoY). This is largely attributed to a sharp... 3.3 billion, Alpha 0.3 billion) replacing accordingly the more expensive ELA funding. Banks have

    9%

  8. Greek stocks advance 2.6 pct for second straight week on improved investor sentiment

    Economy

    dragged by higher bad debt provisions and depreciation expenses. Sales fell by 2.2 percent to 5.74... to 3.3 billion and EBIT jumping to 73 million from just 4 million a year ago. S&P affirmed Hellenic

    9%

  9. Industrial production drops by 3 pct in February

    EconomyMacroeconomy

    ) and consumer durables (-3.3 percent), while capital goods production improved 1.9 percent MoM. However... production by 3.9 and 2.2 percent respectively. The most recent industry confidence indicator

    9%

  10. Unemployment rate edges down to 23.4 pct in June, lowest since March 2012
    Photo by MacroPolis

    EconomyMacroeconomy

    rates for most age groups compared to last year. The most notable drop of 3.3 pp to 19.5 percent was posted in the 35-44 age group, while the respective rate for the 25-35 age group fell by 2.2 pp

    9%