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  1. Eurobank posts loss of 523.7 mln in Q4 2014
    Photo by MacroPolis

    EconomyBanking

    of liquidity, the bank reported a drop in deposits by 1.8 billion euros QoQ to 40.9 billion in Q4.... However, due to the drop in deposits by 4.3 percent QoQ, the loan to deposit (L/D) ration deteriorated

    6%

  2. Building activity declines at slower rate of 6.4 pct in Dec

    EconomyMacroeconomy

    building permits rose by a modest 1.2 percent. Note though that the rate of drop in December...) and Central Macedonia (up 14 percent). The highest drop was posted in Epirus (down 27.5 percent

    6%

  3. Turnover in services sector shows improvement in Q4 2014

    EconomyMacroeconomy

    out of the 14 service activities had recorded a drop, The highest increase in Q4 was posted...-digit drop, namely information service (-15.2 percent) and cleaning (-11.4 percent). A negative

    6%

  4. Greek current account deficit widens to 847 mln in Jan as exports fall further
    Photo by MacroPolis

    EconomyMacroeconomy

    . The breakdown of the other key C/A components showed the drop in the primary income account... stemming from a similar drop in non-residents’ holdings of Greek government bonds and T-Bills

    6%

  5. Greek travel receipts rise 9.1 pct in January as surplus doubles
    Photo by MacroPolis

    EconomyMacroeconomy

    , were to a large extent offset by a remarkable drop in the travel spending per trip by 27 percent... Chairman Andreas Andreadis recently said that the euro’s drop against the US dollar to almost a 1:1

    6%

  6. Greek PMI edges up in March but exports, factory output fall

    EconomyMacroeconomy

    ) of 2015 of 48.5 is the lowest since Q3 2013. The movement in March reflects a drop for the third... to competitive pressures and weak market demand. Although the rate of drop was solid

    6%

  7. Rare rebound for industrial production with 1.9 pct rise in Feb

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) rebounded 1.9 percent in February after a downward revised marginal drop of 0.2 percent in January, according to the Hellenic Statistical Authority (ELSTAT... products (+16.1 percent) and beverages (+13.3 percent). On the flipside, the sharpest drop was posted

    6%

  8. General gov't cash surplus sees large contraction in Jan-Feb, arrears edge up

    EconomyMacroeconomy

    far in 2015. Arrears After a marginal drop by 0.6 percent month on month (MoM) in January, arrears... of January. The monthly drop is entirely attributed to a decline in the EFSF/ESM/IMF loans by 11.63

    6%

  9. Big falls for economic sentiment and consumer confidence in April
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) contracted by 4.1 points to 92.7 in April from 96.8 in March, according to the European Commission. The monthly drop in April is the sharpest deterioration since May... then. Consumer confidence also showed a marked drop of 9.5 points to -40.5 in April from -31

    6%

  10. Retail turnover falls by 3.3 pct in Feb, down for fourth straight month
    Photo by MacroPolis

    EconomyMacroeconomy

    since the beginning of 2014. The breakdown of February retail sales showed the highest drop... displayed a double-digit drop MoM in clothing and footwear (-18.1 percent) and in department stores

    6%