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  1. CPI falls by another 2.2 pct in July as VAT rises yet to be recorded
    Photo by MacroPolis

    EconomyMacroeconomy

    The rate of drop in the Greek consumer price index (CPI) remained at 2.2 percent for the second straight month in July, according to the Hellenic Statistical Authority (ELSTAT). As a result, the CPI... throughout the course of the year so far. The 12-month trailing index indicates a drop in CPI by 1.9

    6%

  2. Greek stocks down 15.2 in first week of trading after market closure

    Economy

    The reopening of the Athens Stock Exchange on Monday after a 5-week closure due to the capital controls was accompanied by a sell off exceeding 16 percent on the first trading session. The drop... million and a double-digit drop (-16.9 percent) in EBITDA to 44 million. On Thursday, the Hellenic

    6%

  3. Building activity up again in May but with smaller rise of 1.9 pct

    EconomyMacroeconomy

    the trailing twelve months still points to a drop of 7.9 percent in permits entirely due to the negative... a further drop in residential prices by 3.7 percent in 2015 and 1.2 percent in 2016 the significant

    6%

  4. Wages index falls 1.8 pct QoQ in Q1 2015 for the second successive quarter
    Photo by MacroPolis

    EconomyMacroeconomy

    for the second straight quarter by 1.8 percent versus a 2.6 percent quarter on quarter (QoQ) drop... a slight drop by 0.7 percent YoY in Q1 compared to a rise of 1.6 percent in Q4 2014. However, the Q1

    6%

  5. Rebound of 9.38 pct on Tuesday almost erases Monday's Greek stock losses

    Economy

    this week, while the drop since the end of June, when capital controls were imposed, stands at 22 percent... at lower levels. The 3-year GGB yield showed the biggest drop easing by 0.8 percentage points (pp

    6%

  6. Retail sales fell by 1.7 percent in June, after a short-lived rise in May
    Photo by MacroPolis

    EconomyMacroeconomy

    months. Retail volume posted a modest drop of 0.4 percent in June after a strong rebound by 4.1... turnover has dived by almost 24 percent since 2009, primarily reflecting a sharp drop in disposable

    6%

  7. Study shows deep impact of capital controls on retail sector
    Photo by MacroPolis

    Economy

    . In absolute terms, the drop reached 520 million euros in July and 620 million in August, with turnover.... The study revealed that clothing and footwear suffered the most as the drop in their turnover

    6%

  8. Wages index drops in Q2 to its lowest level since 2001

    EconomyMacroeconomy

    then, the wages index displays a sharp drop by more than 29 percent attributed to the internal devaluation... (NSA) wages index showed a decline of 4.2 percent YoY in Q2 accelerating from the 0.7 percent drop

    6%

  9. Building permits shoot up by 14.7 pct in June
    Photo by MacroPolis

    EconomyMacroeconomy

    forecasts were calling from a further drop in residential prices by 3.7 percent in 2015 and 1.2... drop in apartment prices in the next two years. Building activity is also related to the evolution

    6%

  10. ELA funding down by 1.23 bln in August for second successive fall
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding eased for the second successive month in August, when it fell by 1.23 billion euros after a drop by 1.29 billion in July, Bank of Greece's (BoG) monthly financial... is attributed to deposit inflows, since the respective drop in July was accompanied by total outflows

    6%