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Bank of Greece sees 0.5pct growth in 2014 but warns of political risks
EconomyMacroeconomypercent. The recovery is attributed to a deceleration of the drop in consumption due to a slower.... The highest increase in the first half of the year was recorded in corporate loans, up by 5.8 pp to 29.2 percent, followed by consumer credit (up 5 pp to 43.8 percent) and housing loans (up 2.6 pp to 24
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Banks saw asset quality and liquidity trends improve in Q4 but process interrupted in 2017
Agoraof sharp drop in impairment losses, cost containment, modest net interest income (NII) growth... percent, while the cash coverage ratio edged up to 69.5 percent. As expected, the NPE pile fell... stayed almost flat QoQ in Q4, while the full year figure edged up 0.9 percent. The NII performance
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General gov't primary cash surplus up to 5 bln in 2016, arrears fall by 1.1 bln in Dec
EconomyMacroeconomy, while compensation edged up by 141 million. In addition, interest payment fell by 430 million to 5.26 billion. Social benefits of 40.1 billion euros holds the lion’s share making up more than half... of 2016. Specifically, arrears peaked at 7.41 billion last June and have recorded a cumulative drop
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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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Down but not out: Golden Dawn rears its head again
Agoraof them voted for Golden Dawn because they wanted someone big and strong to stand up to the political... with 8.8 percent, up from 6.6 in a previous poll carried out a month earlier. A Pulse survey for To Pontiki..., Golden Dawn saw its power drop by about two percent. Interestingly, the decline stopped as party
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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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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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