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  1. Credit contraction further accelerates to 2.2 pct in November

    EconomyMacroeconomy

    2 percent in October, Bank of Greece (BoG) figures displayed on Wednesday. The net lending flow... corporate lending slipped to 96.54 billion in November. Net deductions eased to 176 million... with the net lending flow remaining at extremely low levels. Net deductions stood at 25 million

    4%

  2. Current account deficit at 1.22 bln in Nov, down 18.6 pct

    EconomyMacroeconomy

    percent, with exports recording a double-digit drop of 11.3 percent. The BoG said that the net oil... attributed to lower net transport receipts, while travel receipts posted a marked rise of 16 percent... in the 11-month period is attributed to lower net transport receipts. In contrast, travel receipts grew

    4%

  3. Current account deficit more than halves to 708 mln in March

    EconomyMacroeconomy

    in net sea transport receipts by almost 40 percent. Travel receipts grew by 8.3 percent to 220.6.... The nosedive in the services’ surplus by around 44 percent is primarily due to a drop in net transport... reflects lower net interest, dividend, profit and wages payments. Financial account The financial

    4%

  4. Newsletter 129 - 28/07/2017

    Newsletters

    , the net lending flow remained negative for the second month in a row, albeit net deductions fell to 205.8 million in June from 395.1 million in the previous month. The negative flow in June reflects net.... Overall, net deductions stood at 620.8 million in the first half of the year, down by 36.6 percent from

    4%

  5. Credit contraction remains at 0.9 pct in December
    Photo by Aggeliki Koronaiou/Fosphotos

    EconomyMacroeconomy

    balance falling to 183.97 billion euros from November’s figure of 184.96 billion euros. The net... originate from net deductions of 138 million in the household lending sector, which was countered... to stand at 82.11 billion euros. Credit to insurance corporations also turned positive with a monthly net

    4%

  6. Credit contraction at 0.8 pct in January as household, corporate lending falls
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in the outstanding balance falling to 182.83 billion euros from December’s figure of 183.97 billion euros. The net... million in the corporate lending sector as well as net deductions of 201 million in the household... the balance to stand at 81.43 billion. In addition, credit to insurance corporations showed a net monthly

    4%

  7. Report on PPC’s viability ruffles feathers and shakes share price
    Image via www.dei.gr

    EconomyFeatures

    that net profits had fallen by 47.9 percent in 2017, coming to 88.7 million euros against last year’s... inconsistently in the last decade, making a net loss in four out of those years, which ranged between 308.9 million and 102.5 million euros. Net profits in the last decade have ranged between 693.3 million

    4%

  8. Newsletter 162 -18/05/2018

    Newsletters

    performed inconsistently in the last decade, making a net loss in four out of those years, which ranged between 308.9 million and 102.5 million euros. Net profits in the last decade have ranged between 693.3... categories of customers are reluctant to switch to competitors. The consultants compared the net debt

    4%

  9. Credit contraction deepens to 1.9 pct in April, balance at 179.13 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    since January 2007 that the balance has dipped below 180 billion euros. The net lending flow dipped... showed a net monthly outflow of 278 million, bringing the balance to 6.53 billion euros. Loans to sole proprietors showed a net increase of 5.8 million euros compared to a net decrease of 12.4 million

    4%

  10. Newsletter 164 -01/06/2018

    Newsletters

    that the balance has dipped below 180 billion euros. The net lending flow dipped substantially back... million with the balance coming to 80.12 billion. Credit to insurance corporations showed a net monthly... a net increase of 5.8 million euros compared to a net decrease of 12.4 million euros in March

    4%