Search
-
Greece enters second year of deflation as CPI falls 1.3 pct in March
EconomyMacroeconomyyears. The latest estimates by the Finance Ministry, the European Commission and the IMF point
1% -
Moody's upgrades Greek banks to stable, sees NPLs peaking at 37 pct this year
EconomyMoody’s upgraded on Tuesday its outlook on Greek banks to stable from negative, reflecting its expectations for an economic recovery in 2014-15 after six years of recession. The rating agency estimates that real GDP will grow by 0.3 percent this year and 1.2 percent next year, lower than
1% -
Imports soar by 7 pct in March as exports rise for first time since Sept
EconomyGreece’s imports rose by 7 percent to 3.97 billion in March, a much faster pace than February’s increase of 2.3 percent, according to the flash estimates released by Hellenic Statistical Authority (ELSTAT) on Thursday. Exports grew by a more modest 1.4 percent to 1.15 billion in March resuming
1% -
CPI down 1.3 pct in April as Greece remains in deflation for 14th month
EconomyMacroeconomyturned negative at -0.9 percent for the first time in more than 45 years. The recent estimates
1% -
Apartment prices fell 7.5 pct in Q1, down for the 21st successive quarter
EconomyMacroeconomy. This is more than 3.5 times higher than the end-2009 figure of 7.4 percent. The official sector estimates call
1% -
National Bank starts 2014 posting net profit of 181 mln in Q1
EconomyBankingestimates that the respective ratio with the Basel III fully-loaded impact (applicable in 2024) would
1% -
Budget execution shows primary surplus of 711 mln, 503 mln ahead of target
EconomyMacroeconomynarrowed by 48.3 percent to 1.99 billion euros. The MoF revised the full year estimates according
1% -
Two years on, Greek government ready to give up on higher heating fuel tax
PoliticsGreek Politics. The ministry estimates that the net revenue shortfall from heating oil stood at 300 million euros
1% -
Exports continued their decline, down by 8.3 pct in May
EconomyGreece’s exports continued heading south for the second successive month, falling by 8.3 percent in May, following a steeper drop of 20.8 percent posted in April, according to the flash estimates released by Hellenic Statistical Authority (ELSTAT) today. In addition, the trailing index also
1% -
Greece raised lower than expected amount from 3-year bond issue, yield at the high end
Economystands at the high end of initial estimates. Unlike the April press release indicating strong demand
1%