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  1. General gov't primary cash surplus up to 5 bln in 2016, arrears fall by 1.1 bln in Dec
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of 2016. Specifically, arrears peaked at 7.41 billion last June and have recorded a cumulative drop... on month drop in December arrears involves SSFs (-349 million), hospitals (-308 million) and tax refunds...-residents (excluding EFSF/ESM/IMF) by 303 million more than offsetting a drop in EFSF/ESM/IMF loans by 282

    3%

  2. Current account deficit widens to 933 mln in December, 2016 balance turns to deficit of 1.1 bln
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    to a significant drop in the services surplus by 1.61 billion and to a lesser extent a worsening in the primary... to that of exports. The marked drop in the services’ balance largely reflects a significant decrease... bonds and T-Bills, which more than offset a drop in their foreign equity holdings

    3%

  3. Q4 GDP contracts 1.2 pct QoQ, leading to recession of 0.1 pct for 2016
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    contraction in Q4 mostly reflects a drop in general government consumption by 2.1 percent and in exports... (EC) forecast pointed to a rise in household consumption of 0.6 percent in 2016 and a drop in public... due to a sharp drop in services by 7.4 percent that more than offset a rise in goods by 3 percent

    3%

  4. General govt primary cash surplus improves to 1.4 bln in Jan, arrears rise to 4.8 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The biggest drop was recorded in the extrabudgetary funds, where the primary surplus dropped... revealed revenues fell by 149 million to 6.03 billion, mostly reflecting a sharp drop in transfers... billion. The drop largely reflects a decline in repos by 308 million, mitigated by an increase in other

    3%

  5. Unemployment rate stable for third month at 23.1 pct in Dec
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of employed by 10,900 and a drop in the jobless number by 60,500. Τhe non-seasonally adjusted (NSA... to 27.6 percent. The most notable drop - by around 5 pp - was recorded among youth (15-24 years old... and institutions expected a drop in the unemployment rate in 2017, but there is a significant divergence

    3%

  6. Retail sales rebound 1.4 pct in Jan after brief fall in Dec
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index increased by 1.4 percent in January after a brief drop... with the previous month showed a sharp drop of 18.7 percent largely attributed to the seasonally high... in January after a sharp drop of 1.8 percent recorded in December. Over the last seven years, retail

    3%

  7. Deposit interest rates broadly stable in March, average loan rate down slightly
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent. The marginal drop in the time deposit rate coupled with a slight increase in the corporate... drop in the average loan rate coupled with the stable deposit rate resulted in a slight drop of 6 bps

    3%

  8. Eurosystem funding down by 535 mln in April, ELA falls for second straight month
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    the drop of 535 million euros in April is the lowest in this series, Bank of Greece's (BoG) monthly.... Almost two thirds of that marked drop (44.67 billion) relates to lower reliance on ELA funding... percent of the total withdrawn liquidity. Despite the modest drop in the ELA funding, the collateral

    3%

  9. Office prices rebound 0.6 pct in 2016 for first time since 2010, retail space prices edge down 0.4 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    for the first time since 2010. In 2015, the index had eased 0.1 percent, while the biggest drop of 11.9... low of 70.6 in H2, implying a sharp drop of 30 percent from the peak of 100.8 in H1 2010... YoY to 71.7 in H2. For the whole year, the office rent index recorded a drop for the sixth

    3%

  10. Newsletter 120 - 26/05/2017

    Newsletters

    the target by 534 million. Drop in apartment prices accelerates in Q1 Prices fell by 0.5 percent in Q1...) in the first quarter of 2017, following an upwardly revised drop of 1 percent in Q4 2016, BoG data.... Following the QoQ drop in Q1, the apartment prices index landed at a new record low of 59.1. From its

    3%