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  1. Current account deficit jumps to 742 mln in January

    EconomyMacroeconomy

    in the C/A balance by 461 million euros year on year (YoY) largely reflects a sharp drop...’ deficit mostly stems from a higher drop in imports (-14.3 percent) compared to that of exports (-9.4... to 161.1 million euros on the back of a 7.8 percent drop in non-residents’ arrivals by 9.3 percent

    7%

  2. Greece’s dramatic year reflected in ATHEX 2015 results
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Economy

    the year, the extended bank holiday and capital controls which contributed to a 23.6 percent drop in the Athens Exchange General Index, a 39.4 percent drop in trading by value, and a 36.9 percent drop

    7%

  3. Wages index edges up 0.4 pct in Q4 of 2015

    EconomyMacroeconomy

    after a revised drop of 0.5 percent in Q3, according to Hellenic Statistical Authority (ELSTAT... has dropped by 26.5 percent. For the private sector, the notable drop over this 5-year period...) and administrative and support service activities (+11.6 percent). In contrast, three sectors showed a drop

    7%

  4. Newsletter 69 - 08/04/2016

    Newsletters

    drop in the number of refugees and migrants reaching Greece last week, with less than 100 arrivals one.... The January rise reflects a drop in the number of employed to 3.61 million and an increase... in February following an increase in imports by 1.9 percent and a drop of 7 percent in exports, which have

    7%

  5. Current account deficit narrows by 45 pct to 804.3 mln in Feb

    EconomyMacroeconomy

    that the drop in the goods’ deficit is attributed to a higher decrease in imports (-7.8 percent) compared... to 133.7 million largely due to a double-digit drop in non-residents’ arrivals by 14.9 percent...-residents’ arrivals by 11 percent. However, the higher drop in the corresponding payments resulted

    7%

  6. Newsletter 71 - 22/04/2016

    Newsletters

    be in line with the government figure for this year and gradually drop to the IMF proposal by 2018... a double-digit decline in the last nine months. February’s nosedive came following a drop of 15.4... by a 13.5 percent decline in capital goods. Manufacturing turnover saw a drop of 15.4 percent. 2

    7%

  7. Disposable income edges up by 0.2 pct in Q4 on second straight rise in compensation of employees
    Photo by MacroPolis

    EconomyMacroeconomy

    from a revised drop of 2.8 percent in Q3, Hellenic Statistical Authority (ELSTAT) figures showed... or 35.5 percent over the last six years attributed to the direct and indirect impact from a sharp drop... implying a drop in excess of 26 percent. The fall in taxes on income and wealth notably accelerated

    7%

  8. PMI edges up to 49.7 in Apr, highest reading in last three months but concerns remain

    EconomyMacroeconomy

    in the Greek manufacturing sector is mostly attributed to a further drop in incoming new orders, while... new orders, while the rate of drop was the sharpest in the last six months. However, job creation... a downward trend for almost 7.5 years, yet the rate of drop was the weakest in the last 28 months. Factory

    7%

  9. Corporate lending rates fell in March, time deposit rate slightly down to a new low of 0.88 pct

    EconomyMacroeconomy

    in March was a sharp drop by 90 bps in loans for amounts over 1 million euros to 3.93 percent from.... The changes in the various lending segments led to a notable drop of 26 bps in the weighted average rate on new loans to a new low of 4.65 percent. Overall, the marked drop in lending rates

    7%

  10. Apartment prices fall at slightly slower pace of 5 percent in Q1

    EconomyMacroeconomy

    The drop in Greek apartment prices slightly decelerated for the second straight quarter in Q1, when... percent. Over this 7-year period the biggest drop of 11.7 percent was posted in 2012 and the lowest of 3.7 percent in 2009. Meanwhile, housing loans display a cumulative drop of 17.3 percent since

    7%