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Current account surplus at 407 mln in May - first positive balance since Sept 2014
EconomyMacroeconomyimproved by almost one third to 985 million from 1.46 billion last year, reflecting a double-digit drop... that resulted in a drop in oil imports by the Hellenic Petroleum, one of the two main Greek refineries... to a higher drop in imports (-9.6 percent) compared to that of exports (-7.8 percent). In absolute terms
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Disposable income up by 2.6 pct in Q1 for highest reading since 2009
EconomyMacroeconomy, each coupled with a significant drop in the payments of current taxes on income and wealth by 18.6... figure of 12.66 billion euros in Q1 implies a drop by 27 percent over the last six years.... This corresponds to a decline by almost 22 percent since Q1 2009, mainly reflecting a sharp drop
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Credit contracts at slower pace of 1.7 pct in June, monthly loan flow positive
EconomyMacroeconomydeductions of 16 million. The segmental breakdown displayed the drop in the corporate lending further... September 2014. Balance slightly rose month on month to 25.82 billion, yet they imply a drop of 2.3... balances have declined by more than 19 percent over this 4.5-year period. The sharpest drop has
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Greek business feeling the pinch from capital controls
Economylosses in excess of 40 percent. According to market sources, the drop in corporate turnover has... found 18 percent of companies indicated a drop in revenue in excess of 50 percent, while 51 percent said..., threatening the permanent loss of sources and a drop in sales over the medium to long term
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General gov't primary cash surplus shrinks in first half of 2015 as state arrears grow
EconomyMacroeconomya drop in revenues by 13.7 percent outpacing a reduction in expenditure by 6 percent. A similar... reflecting a slight drop in repos. The YtD change displays a drop in debt stock by 11.33 billion
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Trade deficit shrinks by 14.1 pct in June as fall in imports outpaces export decline
EconomyMacroeconomyterms, trade deficit stood at 1.48 billion euros in June. The double-digit drop reflects a higher... deficit contracted by 11.6 percent on the back of a drop in both imports and exports by 6.1 and 1.8... drop (-9.1 percent) with imports and exports showing reversed trends compared to the performance
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Capital controls take toll on car sales, which fell 23.9 pct in July for first time in two years
EconomyMacroeconomy). The drop in July is largely attributed to the imposition of capital controls. It is the first... in the 7-month period was recorded in May at 13,000. Following the sharp drop in July, the aggregate.... After a sharp drop by more than 30 percent per annum in the 3-year period until 2012, the number
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July credit contraction at 1.5 pct, slowest since Aug 2011
EconomyMacroeconomyon year from a drop of 0.5 percent recorded in June. The July zero-growth rate indicates the first non.... The outstanding balance fell by 0.7 percent to 13.53 billion in July. The rate of drop in loans to individuals... this 4.5-year period. Consumer credit has recorded the biggest drop by 26.8 percent followed by corporate
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Q2 GDP rebounds by 0.9 pct QoQ on higher consumption and falling imports
EconomyMacroeconomyin Q2. Flash estimates had indicated a 0.7 percent QoQ drop in Q2. For the first half of the year... formation dived by 10.6 percent QoQ in Q2 after an 8.4 percent drop in Q1 amid uncertainty and restrained... of services by 2.2 percent offsetting a drop by 2.3 percent in exports of goods. The first half figures
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Sixth straight fall for economic sentiment in August as it plunges by 6.1 pts
EconomyMacroeconomyis the second lowest reading after the record low of 74.8 in March 2009. The monthly drop is the third... from -52.9 in July. This was the sixth successive decline and the highest monthly drop since 2002... The monthly decrease reached 18 points in the previous month. The drop in the retail trade indicator
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