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Greek banks' Eurosystem funding falls for third straight month, at lowest since Feb 2010
EconomyMacroeconomylevel since February 2010. The significant drop in March primarily reflects a decline of the Emergency... drop in March, the aggregate amount of Eurosystem funding shows a reduction of 50 percent (60.5... of 2013 with a positive impact on banks’ NII in the last three quarters of 2013. The sharp drop of ELA
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Four months of decline in industry turnover almost comes to stop in February
Economy4.3 percent in January and a double-digit drop in the preceding three months, according... showing a 5.4 percent drop. The marginal movement in January fully reflects a similar decrease.... On the flipside, a double-digit drop was recorded in the sectors of electrical equipment (down 37.4
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Greek primary surplus at 1.5 bln in Q1, aided by PIB and social underspend
Economyrevenues compared to the preceding two months. Despite a drop in revenues (excluding tax refunds..., indirect taxes eased 3.8 percent to 5.44 billion, stemming from a moderate drop in VAT revenues... in March compared to an 8.9 and 24.9 percent drop recorded in February and January respectively
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Retail index fell by 2.2 pct in Feb but trend improving
EconomyMacroeconomyby pharmaceutical products and cosmetics where the drop stood at 6.2 and 10.7 percent respectively... cumulative drop stands at 27 percent over the past five years dragged by a narrowing of the disposable... February 2014 reaching its highest level since February 2010. After a cumulative drop of 28 percent
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Imports soar by 7 pct in March as exports rise for first time since Sept
Economy, the 12-month trailing index points to a 3.3 and 2.2 percent drop in imports and exports respectively... drop recorded in the preceding two months. ELSTAT is due to release March commercial transactions... resulting in an 11-percent drop in trade deficit.
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Car registrations continue to rise; up by 9.1 pct in April
EconomyMacroeconomyfigure for the four-month period exhibited a double-digit rise (+18.7 percent) compared to a drop... percent in each of the preceding three years. Overall, car registrations posted a cumulative sharp drop... percent in 2014, yet at a slower pace compared to the 6 percent drop recorded last year. Consumer
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Greek trade deficit increases by 14.7 pct in March
EconomyMacroeconomyalso shows that the trade deficit increased by 3.1 percent, reversing the modest drop of 2.4... drop in imports (down 0.3 percent) and a higher decline in exports (down 3 percent). The former... percent. A resumption of exports growth remains key for a further drop of trade deficit in 2014.
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Eurobank records net loss of 207.4 mln in Q1
EconomyBanking) by 9 percent quarter on quarter (QoQ), a drop in impairment losses by 26 percent and eliminating... front, operating income posted a 4.7 percent drop QoQ to 461 million, mainly driven by a 4.9... in Q4. Following a drop by 26 percent QoQ in impairment losses to 479 million, the cost of risk (loan
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Greek economy contracts 0.9 pct in Q1, slowest pace since Q1 2010
EconomyMacroeconomy-digit drop for the first time since Q1 2010. Official forecasts foresee a 5.3 percent rise in 2014 after a 12.8 percent drop last year. Taking into account Q1 performance, this specific target seems..., while its cumulative drop since 2008 stands at 23.5 percent. The latter was driven by a nosedive
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May sees 48.7 pct rise in number of new cars in circulation
EconomyMacroeconomypercent compared to a 7.1 percent drop recorded last year. In addition, the 12-month trailing index... of the preceding three years. Car registrations recorded a cumulative drop of 78 percent since 2008... institutions point to a slowdown of private consumption to -1.8 percent in 2014 from the 6 percent drop
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