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  1. Industrial turnover rebounds by 10.5 pct in June after three months of decline

    EconomyMacroeconomy

    12 months, the average index showed a drop of 4.2 percent. The increase in June reflects a rise... drop of 46.3 and 30.1 percent respectively. Unlike the hard data for June, Markit’s Manufacturing PMI

    2%

  2. Rate of credit contraction rises to 3.7 pct in July, balances fall
    Photo by MacroPolis

    EconomyMacroeconomy

    The rate of drop in Greek credit to the private sector accelerated to 3.7 percent in July from 3.5 percent in June, according to the Bank of Greece (BoG). Balances fell to 213.86 billion euros... million in June. Corporate lending balances further eased to 101.2 billion euros in July. The rate of drop

    2%

  3. Small but rare rise of 0.4 pct for Greek retail turnover in June
    Photo by MacroPolis

    EconomyMacroeconomy

    ). Retail volume showed a higher increase at 3.8 percent in June from a drop of 3.6 percent recorded in May... the first half figures, which showed the drop in 6-month retail turnover decelerated to 2.2 percent from

    2%

  4. Piraeus Bank reports net profit of 164.3 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    funding cost, also involving a 26 bps drop in time deposit rates, and higher loan NII. June time... operations. The quarterly movement reflects a drop in savings and sight deposits by 5.1 and 2.3 percent

    2%

  5. Greek primary cash surplus widens to 3.2 bln in 7-month
    Photo by MacroPolis

    EconomyMacroeconomy

    a significant drop YoY. In particular, the former stood at 760 million, down 41.4 percent and the latter reached... was eliminated to just 5 million in the 7-month period. The significant drop in July arrears is largely

    2%

  6. Exports resumed a downward trend in July, imports up 10.1 pct

    Economy

    (YoY) readings are negative, the respective trailing index is showing a drop of 6.3 percent over... of a 4.6 percent drop in exports and a modest rise of 1.2 percent in imports.

    2%

  7. Greek banks' Eurosystem funding declines by another 53 mln in August

    EconomyMacroeconomy

    November 2009. The marginal drop in August is fully attributed to ECB funding, while the Emergency... drop by 18.66 billion on the year-end 2013 figure of 63.23 billion. ELA funding was eliminated since

    2%

  8. Industrial turnover up 0.4 pct in July for rare second straight month of growth

    EconomyMacroeconomy

    continued heading south, showing a drop of 4.4 percent. The slight increase in July largely stems from... markets slipped 2.9 percent. The latter is mainly due to a drop in the turnover for the non-euro zone

    2%

  9. Current account surplus reaches 1.68 bln in July thanks to services
    Photo by MacroPolis

    EconomyMacroeconomy

    million. This outweighed widening of the trade deficit by 211 million euros and a slight drop... by a drop in the income deficit (by 534 million) and a rise in the current transfers’ surplus (by 419

    2%

  10. Value of HFSF participation in Greek banks falls to 17 billion
    Photo by MacroPolis

    EconomyBanking

    of 859 million was recorded due to the drop in the valuation of bank warrants. The highest negative... billion euros from 25.1 billion at the end of March, which is attributed to a 17 percent drop

    2%