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  1. 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

    3%
  2. Credit contracts at slower pace of 1.7 pct in June, monthly loan flow positive

    EconomyMacroeconomy

    deductions 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

    3%
  3. Greek business feeling the pinch from capital controls
    Photo by MacroPolis

    Economy

    losses 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

    3%
  4. General gov't primary cash surplus shrinks in first half of 2015 as state arrears grow

    EconomyMacroeconomy

    a 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

    3%
  5. Trade deficit shrinks by 14.1 pct in June as fall in imports outpaces export decline

    EconomyMacroeconomy

    terms, 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

    3%
  6. Capital controls take toll on car sales, which fell 23.9 pct in July for first time in two years
    Photo by MacroPolis

    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

    3%
  7. July credit contraction at 1.5 pct, slowest since Aug 2011
    Photo by MacroPolis

    EconomyMacroeconomy

    on 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

    3%
  8. Q2 GDP rebounds by 0.9 pct QoQ on higher consumption and falling imports

    EconomyMacroeconomy

    in 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

    3%
  9. Sixth straight fall for economic sentiment in August as it plunges by 6.1 pts
    Photo by MacroPolis

    EconomyMacroeconomy

    is 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

    3%
  10. Report sees fall in salary earners, big rise in part-time work during crisis
    Photo by MacroPolis

    Economy

    million between 2010 and 2014. Almost two-thirds of that drop consists of male workers... for those with a permanent job. In addition, the drop in the private sector reached 16.8 percent... in the 1984-1996 period and more than offset that decline by 2009. Since then, it recorded a drop by 5.2

    3%