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  1. ELA funding drops by 1.58 bln in Sept for third straight fall
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    and the ECB funding, the respective collateral pledged by Greek banks with the BoG fell by 2 and 1.1 billion

    3%
  2. Piraeus Q3 trading update shows significant acceleration in NPL formation
    Photo by MacroPolis

    EconomyBanking

    with gross loans contracting 1.1 percent QoQ to 68.9 billion euros, whilst the Greek figure recorded

    3%
  3. Growing hopes that Greek recession will be milder than expected

    Economy

    a rebound in final consumption (+1.1 percent), falling imports (-4.9 percent) and almost stable exports

    3%
  4. Greek shares up for the third straight week on strong performance from banks

    Economy

    eased 0.7 percent QoQ to 38.1 billion, while loans fell 1.1 percent to 68.9 billion. Two days later

    3%
  5. Credit contraction slows to 1.5 pct in Sept on marked drop in corporate loan deductions

    EconomyMacroeconomy

    . Note though that the monthly evolution shows high volatility. Loans to sole proprietors eased 1.1

    3%
  6. Marked improvement for budget execution in Oct, primary surplus outperformance extended

    EconomyMacroeconomy

    fees of 1.1 billion due to paid in December. Tax refunds remained stable month on month (MoM) at 256

    3%
  7. Industrial turnover falls by 14.7 pct in Sept for eleventh straight drop

    EconomyMacroeconomy

    , turnover in consumer non-durables increased by 1.1 percent. Similarly to the performance in previous

    3%
  8. General gov't primary cash surplus widens notably to 4.84 bln by October

    EconomyMacroeconomy

    a primary cash surplus of 1.1 billion euros, down 11 percent from last year, with October showing

    3%
  9. Trade deficit increases by 17.3 pct in Oct on large drop in exports
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    mainly due to a larger rise in exports (+9.7 percent) compared to that of imports (+1.1 percent).

    3%
  10. Current account turns to a surplus of 314 mln in Oct on contracting goods deficit

    EconomyMacroeconomy

    ’ external assets rose 1.1 billion reflecting a an increase by 7 billion euros in residents’ investment

    3%