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  1. Monthly credit flow turns positive in Feb for first time since June 2012
    Photo by MacroPolis

    EconomyMacroeconomy

    2011. Monthly flow turned slightly positive for the first time since June 2012 recording net additions... percent year to date to 102.85 billion euros in February, with net additions totalling 762 million.... Balances slipped to 13.6 billion with monthly net deductions increasing to 57 million from just 3 million

    3%

  2. Updated Greek reform proposals see 2015 primary surplus reaching programme target 3 pct

    EconomyProgramme

    details a series of reforms that are expected to have a minimum net fiscal impact of 3.54 billion (1.9 percent of GDP). This stems from net fiscal revenues of 4.68 billion (2.6 percent of GDP) and net... outcome, the MoF expects the net fiscal impact could reach 4.96 billion (2.7 percent of GDP) fully

    3%

  3. Credit contraction further accelerates to 2.2 pct in November

    EconomyMacroeconomy

    2 percent in October, Bank of Greece (BoG) figures displayed on Wednesday. The net lending flow... corporate lending slipped to 96.54 billion in November. Net deductions eased to 176 million... with the net lending flow remaining at extremely low levels. Net deductions stood at 25 million

    3%

  4. Current account deficit at 1.22 bln in Nov, down 18.6 pct

    EconomyMacroeconomy

    percent, with exports recording a double-digit drop of 11.3 percent. The BoG said that the net oil... attributed to lower net transport receipts, while travel receipts posted a marked rise of 16 percent... in the 11-month period is attributed to lower net transport receipts. In contrast, travel receipts grew

    3%

  5. Current account deficit falls to 780 mln in Dec and 7.5 mln in 2015

    EconomyMacroeconomy

    imports decreased by 5 percent. The decline in the services’ surplus is primarily attributed to lower net...’ surplus by 6.9 percent in 2015 is attributed to lower net transport receipts amid capital controls... in 2015. The financial account under direct investment recorded a net rise by 154 million in December

    3%

  6. Current account deficit more than halves to 708 mln in March

    EconomyMacroeconomy

    in net sea transport receipts by almost 40 percent. Travel receipts grew by 8.3 percent to 220.6.... The nosedive in the services’ surplus by around 44 percent is primarily due to a drop in net transport... reflects lower net interest, dividend, profit and wages payments. Financial account The financial

    3%

  7. Newsletter 110 - 10/03/2017

    Newsletters

    , with net hirings soaring to 24,938 from 14,437 last year, data from the Labour Ministry’s Ergani... in February. The aggregate figures for the two-month period showed net departures of 4,879 this year compared to net hirings of 4,483 in the corresponding period last year. The negative employment

    3%

  8. Stocks record weekly losses of 0.7 pct in wake of inconclusive Eurogroup
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    in the previous week. Corporate news Hellenic Exchanges net profits slumped 76.5 percent to 0.4 million... reduced by 77 percent to 0.6 million. Grivalia Properties net profits grew by 10 percent to 11.7 million... Q1 results showed net losses worsened by 67 percent to 35.8 million, while revenues rose by 3

    3%

  9. Newsletter 121 - 02/06/2017

    Newsletters

    to 600 million euros. When deducting the corresponding VAT, the net proceeds for Greece’s... April 2011. More importantly, the net lending flow stayed positive for the second straight month... reading since June 2012, when net additions stood at 853 million. The positive flow in April

    3%

  10. Newsletter 129 - 28/07/2017

    Newsletters

    , the net lending flow remained negative for the second month in a row, albeit net deductions fell to 205.8 million in June from 395.1 million in the previous month. The negative flow in June reflects net.... Overall, net deductions stood at 620.8 million in the first half of the year, down by 36.6 percent from

    3%