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Industrial production rises again in May, by 1.8 pct, after two months of decline
EconomyMacroeconomydrop of 0.3 percent to April to a marginal rise of 0.2 percent to May. Similarly to the monthly trend... drop of 2.5 percent with electricity production slightly slipping by 0.5 percent. The main industrial... a further drop.
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Building activity plunges by 35.6 pct in April, down by 75 pct since 2008
EconomyMacroeconomyfrom the 16 percent drop posted in March, according to the Hellenic Statistical Authority (ELSTAT... the highest drop, at -47.6 and -40.3 percent respectively. In contrast, the rate of decline in building... in 2008. This means there has been a cumulative drop of 75 percent that is more than three times
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Here's why IOBE think tank sees Greek economy growing 0.7 pct this year
Economyconsumption by 1.8 percent in 2014. The drop in public consumption is anticipated to decelerate... percent drop in imports. Export growth is entirely driven by services on the back of stronger... or marginally drop in 2014. For the economy to achieve high growth rates, IOBE suggests that lending
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Greek trade deficit up by 21.9 pct in May as exports sink further
EconomyMacroeconomyincreased 9.5 percent to 8.84 billion. This stems from a slight drop in imports by 0.7 percent... an increase of 7.5 percent, while exports recorded a slower drop at 4.9 percent. As a result, the underlying... lower demand from the eurozone. However, IOBE forecasts exports of goods to remain stagnant or drop
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Greeks living in smaller, older, poorer quality homes during crisis, BoG study shows
Societydrop of 3.6 percent. In terms of the number of rooms per person, Greece has the lowest ranking at 1.2... showed a drop of its share from 12.8 percent in 2008 to 8.4 percent in 2012. In contrast, the lowest... for non-Greek migrants exiting the country was the drop in the construction activity since more than half
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Greek CPI falls at slower pace of 0.7 pct in July
EconomyMacroeconomyThe drop in the Consumer Price Index (CPI) decelerated for the second straight month to 0.7 percent...). The July reading indicates the slowest drop in the CPI so far in 2014 and since July 2013. Greece has been... in the harmonized CPI, which slipped 0.8 percent year on year and 1 percent month on month. The year on year drop
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Greek GDP drops by less than expected 0.2 pct in Q2, signalling recession exit near
EconomyMacroeconomythe estimates for a -0.4 percent drop. The first quarter was revised downwards to -1.1 percent from -0.9.... The largest drop in second quarter economic activity was recorded in 2011 with a decline of 8 percent, followed by a drop of 7.4 percent in 2012 and 4 percent last year. The Greek economy plummeted
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Services help increase Greek current account surplus to 1.37 bln in June
EconomyMacroeconomyby a drop in the income deficit by 151 million and a rise in the current transfers’ surplus by 138... a rise in non-residents’ arrivals by 13.7 percent. Following the strong performance in June, the drop... months, the drop in the income deficit (by 396 million to 1.36 billion) results from lower net interest
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Increased revenues push Greek budget primary surplus up to 2.28 bln at end of July
EconomyMacroeconomyin July. Nevertheless, the 7-month figures still indicate a year on year drop of 2.2 and 4.4 percent... on year. The 7-month figures indicate a drop of 17.6 and 0.6 percent respectively. Note... breakdown showed revenues at 321 million euros in July, implying a drop of 85.5 percent, mainly
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National Bank reports 1.15 bln H1 profit on back of 1 bln deferred tax
EconomyBankingwith a drop in loan provision by 17 percent to 705 million. The quarterly figures show PPI down 11.... The yearly drop mainly stems from a double-digit decrease in personnel expenses (down 16 percent), while... to 23.2 percent in Q2 from 23 percent in Q1 and 22.5 percent in Q4. This reflects a drop in NPL formation
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