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Credit contracts by slower rate of 2.1 pct in May
EconomyMacroeconomy, according to the Bank of Greece (BoG). The May headline figure is the slowest drop since August 2011... in May from 2 percent in April. The headline figure for May indicates the lowest drop since November... in shipping due to transfer of loans. Unlike corporates, the drop in loans to sole proprietors accelerated
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PMI falls to 46.9 pts in June in ten straight months of contraction
EconomyMacroeconomya sharp decline in new orders at an accelerating pace leading to a drop in production at the fastest..., as well as in consumer and investment. A sharp and accelerated drop was posted in new orders led... that although sold, the rate of drop in output prices was the slowest over the past nine months. Markit
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Retail turnover fall accelerates to 3.3 pct in April
EconomyMacroeconomyStatistical Agency (ELSTAT). The April headline figure is the highest drop since December 2014..., which eliminate the impact of monthly seasonal effects, showed a drop in retail trade by 3 percent... and property taxes. The highest drop over this 6-year period was posted in furniture and electoral
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Newsletter 33 - 03/07/2015
recorded a sharp drop in excess of 50 percent amid a lack of cash and concerns about forthcoming.... There was also a faster drop in new orders, while new export orders fell for the eighth straight month... The drop in the turnover of Greeceās retail trade index fell by the faster rate of 3.3 percent in April
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Greek trade deficit plunges by 24.2 pct in May
EconomyMacroeconomybillion in May, which is the second lowest reading so far in 2015. The sharp drop in May trade... in May, which indicates the second highest reading year to date. The drop in imports also follows... by 12.6 and 2.9 percent respectively, resulting in a slower drop of trade deficit by 7 percent
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Unemployment rate slips to 25.6 pct in April, lowest since July 2012
EconomyMacroeconomywith a drop in the number of jobless by 1 percent compared to March. The drop in the number of unemployed.... The respective breakdown by age group showed a drop in the unemployment rate by more than 2 pp YoY
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Building activity up by 6.2 pct in April for third straight rise
EconomyMacroeconomy, surface and volume recorded a drop by 6.3 and 3.6 percent respectively following a strong rise by more... a slower lower drop (-3.5 percent), while volume exhibited a modest growth of 1.3 percent over... in Central Macedonia (+25.8 percent) and Thessaly (+18 percent). In contrast, the biggest drop was posted
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Current account surplus at 407 mln in May - first positive balance since Sept 2014
EconomyMacroeconomyimproved by almost one third to 985 million from 1.46 billion last year, reflecting a double-digit drop... that resulted in a drop in oil imports by the Hellenic Petroleum, one of the two main Greek refineries... to a higher drop in imports (-9.6 percent) compared to that of exports (-7.8 percent). In absolute terms
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Disposable income up by 2.6 pct in Q1 for highest reading since 2009
EconomyMacroeconomy, each coupled with a significant drop in the payments of current taxes on income and wealth by 18.6... figure of 12.66 billion euros in Q1 implies a drop by 27 percent over the last six years.... This corresponds to a decline by almost 22 percent since Q1 2009, mainly reflecting a sharp drop
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Credit contracts at slower pace of 1.7 pct in June, monthly loan flow positive
EconomyMacroeconomydeductions of 16 million. The segmental breakdown displayed the drop in the corporate lending further... September 2014. Balance slightly rose month on month to 25.82 billion, yet they imply a drop of 2.3... balances have declined by more than 19 percent over this 4.5-year period. The sharpest drop has
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