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  1. Economic sentiment fell to 81.3 in July for the sharpest historical monthly drop

    EconomyMacroeconomy

    reading since October 2012. The year to date evolution shows a significant drop by 17.8 points... points to -52.9 in July from -46.8 in June. The monthly movement indicates the highest drop since... the highest monthly drop plummeting by more than 22 points to -25.9, whilst the construction confidence fell

    26%

  2. Drop in corporate loan rates led the average loan rate at a new historic low
    Photo by MacroPolis

    EconomyMacroeconomy

    on new deposits eased by 1 basis point (bp) to 1.09, largely reflecting a 5 bps drop... considerable drop by 52 bps to 5.59 percent for loans up to 250,000 euros. For higher loan amounts... percent. The interest rate in loans to sole proprietors slipped by 8 bps to 7.65 percent. The drop

    26%

  3. ELA funding down by 1.48 bln in July for first monthly drop since May 2014
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    . This was the first drop in central bank funding since September 2014. The absolute figures showed... to a month-on-month drop in the Emergency Liquidity Assistance (ELA) funding by 1.48 billion euros to 85.29... of 50.48 billion in June. The evolution in July is the first MoM drop since November 2014. The lower

    26%

  4. Industrial turnover fell 13.4 pct in June for second biggest drop since Oct 2009

    EconomyMacroeconomy

    of the respective index. The breakdown by region displayed a sharper drop for the non-domestic market... plunged 34.1 percent, while capital goods posted a mid-single digit drop of 4.9 percent. In contrast... a record drop in new orders as bank closures and capital controls badly hampered normal business

    26%

  5. Industrial turnover falls by 14.7 pct in Sept for eleventh straight drop

    EconomyMacroeconomy

    a revised 18.1 percent drop in August, Hellenic Statistical Authority (ELSTAT) data showed on Thursday... months displays a fall by 8.1 percent. The steep drop in September largely reflects a considerable... months, the more detailed breakdown showed mixed trends. The biggest drop was recorded in mining of metal

    26%

  6. Industrial production back on downward trajectory with 1.9 pct drop in Oct

    EconomyMacroeconomy

    south in October but the biggest drop was posted by mining and quarrying production (-12.5 percent... month by 1.2 percent in October after a 1.8 percent month on month drop in September. The monthly... by 3 points to -16.6 in November. However, the year to date balance indicates a marked drop by 13.6

    26%

  7. Sharp drop of 5.3 bln for Greek ELA funding after completion of capital increases

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding fell by 5.98 billion euros in November following a drop by 2.01... is in line with the Eurosystem funding drop over this period. At the same time, ECB funding was also... of fees paid to the state for the collateral guarantees. The drop of ELA funding also led

    26%

  8. Drop in CPI accelerates to 0.7 pct in Jan
    Photo by MacroPolis

    EconomyMacroeconomy

    ) compared to that posted in December (-0.3 percent), which is fully attributed to a drop in goods... in January. The decline in January CPI primarily largely reflects a drop in clothing and footwear... month, January CPI fell 1.9 percent, mostly due to a sharp drop in clothing and footwear prices by 23

    26%

  9. Retail sales slip 0.1 pct in Dec, drop of 2.8 pct in 2015

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index eased 0.1 percent in December after a revised drop..., following a drop of 4.4 percent in November. The full year figure points to a contraction of 1.4 percent... and property taxes. The most notable drop since 2009 has been posted in retail sale not in stores (-58.1

    26%

  10. Retail sales down 7.3 pct in Feb for highest drop since July 2015

    EconomyMacroeconomy

    in February from a revised 3.5 percent drop in January, Hellenic Statistical Agency (ELSTAT) figures showed... of 6.6 percent in February from 1.7 percent in January. The bih drop in February retail sales... percent MoM respectively in February, both at an accelerating pace compared to the January drop rates

    26%