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BoG outlines steps to economic recovery, updates on banks' asset quality
EconomyMacroeconomyof a secondary NPL market, the speeding-up of judicial procedures and the streamlining of the real estate collateral liquidation process are expected to contribute to a gradual drop in current NPL ratio... by restoring economic and political stability, rapid shift of the domestic production model from non
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Newsletter 233 - 20/12/2019
that Athens is looking at the model used in France for such occasions. The government says... economies make up around 15-20 percent of GDP in advanced economies and 30-35 percent of the GDP..., corporate loans came to 5.41 billion, edging up by 0.8 percent QoQ. Loans to non-financial corporations
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Greek industrial production on the up again in November, rising by 2.3 pct
EconomyMacroeconomya downward revised 0.4 percent drop in October, according to the Hellenic Statistical Authority (ELSTAT... was posted by mining and quarrying production (up 13.2 percent), followed by manufacturing (up 5.5 percent) and water supply production (up 3 percent). In contrast, electricity production continued heading
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Import price index up by 24.2 pct in Sep, as energy rises 48.6 pct
EconomyMacroeconomylast year at 23.6 percent. Month-on-month, the index posted a drop of 2.2 percent. It has been... of 360.5 percent YoY, followed by manufacture of refined oil products up by 53.5 percent... increase. The monthly movements were led by a 10.1 percent drop in electricity and gas, followed
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Drop in CPI slowed to 0.7 pct in June
EconomyMacroeconomyΤhe Greek Consumer Price Index (CPI) fell by 0.7 percent in June after a 0.9 percent drop in May...), while prices in alcoholic beverages and tobacco edged up by 1.4 percent in June. The comparison... straight year. It declined by 1.7 percent compared to the drop of 1.3 and 0.9 percent posted
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Travel balance rises 15.7 pct in June, aggregate visitors drop 0.5 pct
EconomyMacroeconomymillion arrivals made by SETE. Early in 2019, the INSETE noted that tourist arrivals could drop by up... from Russia edged up by 0.5 percent, and US visitors rose at a stronger pace and increased by 21.4... regional airports which accounted for 79 percent of tourism revenue in 2018, a drop of 7 percent
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Car sales drop by 80.6 pct in April
EconomyMacroeconomyup of motorcycles (988), lorries (842), and buses (109). Passenger cars accounted for more than 75... vehicles, registering a drop of 37.6 percent. Passenger car sales fell by 32.3 percent in the aggregate period, totalling 43,037. The remaining sales in the first four months were made up of lorries (7,756
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Drop in energy prices bring import index down by 5.5 pct YoY in Oct
EconomyMacroeconomy-on-year (YoY), after a 10.6 percent drop in the previous month, according to data released by the Hellenic.... Month-on-month, the index also increased by 2.3 percent, from a drop of 2.9 percent in the previous... by electricity with a 9.2 percent rise, tobacco prices were up by 8.1 percent and refined oil products
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Car sales start new year with a drop of 3.4 pct YoY in Jan
EconomyMacroeconomyVehicles going into circulation for the first time started the new year with a drop, falling by 7.4..., a drop of 3.4 percent. Passenger cars decreased by 5.7 percent, with the absolute figure standing... percent. Lorries in January were up by 8.9 percent and buses jumped by 166.7 percent. In the full year
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Energy leads drop as import price index falls by 0.5 pct YoY in Feb
EconomyMacroeconomyGreece’s import price index posted a marginal drop in February, with a 0.5 percent year-on-year... led by oil products and gas with a 2.5 percent drop, paper products dropped by 0.5 percent... YoY, intermediate goods rose by 1.3 percent, capital goods were down 0.3 percent and durables up
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