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  1. Greek travel receipts up 10.3 pct in August as 2014 targets revised upwards
    Photo by MacroPolis

    EconomyMacroeconomy

    remained flat, mainly reflecting the negative growth in August. In terms of travel receipts per country... is expected in 2015. This year TUI visitors reached about 2 million. Speaking at the SETE Annual Conference

    26%
  2. Eurobank reports loss of 186.6 mln in Q3
    Photo by MacroPolis

    EconomyBanking

    operations. In particular, loan spread in Greece showed a marginal increase of 2 bps to 4.49 percent, while... cost cutting in Greece (-4.9 percent), while international expenses remained flat in the quarter

    26%
  3. Piraeus Bank posts net loss of 1.56 bln in Q3
    Photo by MacroPolis

    EconomyBanking

    in the right direction, while the strengthening of the balance with 2 billion provisions in Q3 facilitates... percent in Q3 from 107.9 percent in Q2. Eurosystem funding remained flat QoQ for the second successive

    26%
  4. Greek deflation eases slightly to 1.2 pct in November
    Photo by MacroPolis

    EconomyMacroeconomy

    rate of 2.9 and 2 percent respectively. The harmonised CPI displayed a similar trend in November... and communication, remained almost flat YoY. In contrast, the sharpest drop in prices was posted

    26%
  5. Greek budget primary surplus up to 3.53 bln at end of November despite revenue shortfall

    EconomyMacroeconomy

    the full-year target of 52.8 billion. Although December revenues are seasonally high (2 billion... of 1.09 billion within 2014. Tax refunds remained broadly flat month on month in November

    26%
  6. Greek GDP falls by 0.2 pct in Q1 as uncertainty impacts on investments
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    consumption remained flat QoQ and rose 1.6 percent YoY in Q1. Last year, household consumption had... growth to 2 percent in 2015 accelerating to 3.6 percent in 2016. 2015 outlook The new government

    26%
  7. Eurosystem funding for Greek banks up by 3.56 bln in May to reach 116.4 bln
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    and were almost flat on Tuesday, as depositors became less nervous amid optimism for reaching... funding purposes. 2) Extended deposit withdrawals of 37.6 billion (31.5 billion from the private sector

    26%
  8. Credit contracts by slower rate of 2.1 pct in May
    Photo by MacroPolis

    EconomyMacroeconomy

    in May from 2 percent in April. The headline figure for May indicates the lowest drop since November.... Balances landed at 69.13 billion with net deductions flat MoM at 219 million. Consumer credit contraction

    26%
  9. July credit contraction at 1.5 pct, slowest since Aug 2011
    Photo by MacroPolis

    EconomyMacroeconomy

    and 204 million respectively. The breakdown by segment showed the corporate lending was flat year... in the course of the year, while the cumulative net deductions in the 7-month period exceed 2 billion

    26%
  10. Newsletter 68 - 01/04/2016

    Newsletters

    and cosmetics (+0.5 percent). January’s slip in retail sales was fuelled by a drop in petrol prices. 2... fall flat on their faces, SYRIZA leader Alexis Tsipras somehow thought it would be a good idea

    26%