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Rate of drop in apartment prices picks up again in Q2
EconomyMacroeconomyAfter decelerating in the preceding seven quarters, the drop in Greek apartment prices accelerated... by more than 20 percent each year from 2008 until 2014. The biggest drop was recorded in 2011 when appraisals fell by 42.5 percent and a similar drop was posted by volume and value at 39.8 and 40.1
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Marked drop of 50 bps in new time deposit rate in July amid capital controls
EconomyMacroeconomytime deposit rate recorded a marked drop by 50 basis points (bps) to 1.31 percent in July, according... above 250,000 and below 1 million euros. 2) Significant drop by 58 bps to 3.94 percent for amounts..., the weighted average rate on new loans decreased by 3 bps in July, after a drop by 23 bps in June
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July trade deficit lands at 715 mln as imports post biggest drop on record
EconomyMacroeconomyGreece’s trade deficit plummeted by 63.1 percent in July from a drop of 14.1 percent in June... fell at a slower pace by 8 percent. The rate of drop in trade deficit is the biggest since 2005... by 26.7 and 36.7 percent respectively. Following the sharp drop in July, the aggregate figures
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Drop in trade deficit slows to 8.8 pct in August as decline in imports decelerates
EconomyMacroeconomyof 715 million recorded in July. The recorded drop in August reflects a similar decline in both imports... percent as the respective exports rose by 6.8 percent, while imports recorded a broadly similar drop... in August, the aggregate figures for the 8-month period point to a drop in trade deficit by 18.5 percent
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Credit contraction slows to 1.5 pct in Sept on marked drop in corporate loan deductions
EconomyMacroeconomyin September after a marginal drop of 0.2 percent in August. The outstanding balance slipped... percent in September, at an accelerating trend from the drop rate of 0.6 percent recorded n August... balances have decreased by more than 20 percent over this period. The biggest cumulative drop
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Building permits down 11.4 pct in August for second successive drop
EconomyMacroeconomy. Following the August performance, the aggregate figures for the 8-month period point to a modest drop... drop with a plunge of 66.9 percent. The slight decrease in building permits by 0.9 percent so far... prices showed a drop for the twenty-fifth successive quarter by 5.6 percent in the second quarter (Q2
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Industrial turnover dives 18.9 pct in Oct, highest drop over last six years
EconomyMacroeconomyThe drop in Greece’s Turnover Index in Industry accelerated to 18.9 percent in October from.... The October headline figure is the biggest drop over the last six years, the 12th straight negative reading and the fifth successive double-digit drop. In addition, the trailing index of the industrial
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Trade deficit slips by 1.8 pct in Nov on higher drop in exports
EconomyMacroeconomyin October, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. The slight drop...). In absolute terms, the trade deficit landed at 1.53 billion euros in November. The rate of drop... at 2.12 billion euros. Imports also posted a drop for the seventh straight month, reaching 3.65 billion
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September drop of 3.1 bln is 15th straight month of decline in Eurosystem funding
EconomyMacroeconomyGreek banks’ Eurosystem funding fell by another 3.15 billion euros in September after a drop... at 56.04 billion. The recorded drop reflects a decline in both ECB and Emergency Liquidity Assistance (ELA... the pledged collateral at a higher pace compared to the drop in the withdrawn liquidity. The gross value
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Travel receipts drop 9.2 pct in Aug, dragging balance down 10.6 pct
EconomyMacroeconomythe biggest drop of 15.9 percent followed by France (-9.8 percent), while those from Russia eased 1.5... receipts showed a remarkable drop from all key countries. In particular, receipts from France... percent. Moreover, single-digit drop rates were recorded from Germany (-8.4 percent) and Russia (-2.1
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