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  1. Newsletter 15 - 13/02/2015

    Newsletters

    , unchanged from the previous month. There was, however, a drop in the number of employed by 0.8 points... of employed dropped by 27,700 MoM to 3.54 million. November's figures showed the first drop

    2%

  2. Office prices and rents saw substantial fall in H1 2014

    Economy

    successive negative reading. As a result, office prices displayed a cumulative drop of 31.6 percent... years. The drop in Athens is more marked, -13.2 percent YoY in H1 2014 and -29.6 percent since H1 2010

    2%

  3. Minor changes in Greek time deposit rates, higher movements in corporate loans

    EconomyMacroeconomy

    ). The January rate is a new historic low in the post-euro period, while also shows a drop for the tenth... euros rose by 47 bps to 5.22 percent fully offsetting a drop of 44 bps in December. This rate stands

    2%

  4. 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

    2%

  5. 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

    2%

  6. 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

    2%

  7. 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

    2%

  8. 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

    2%

  9. 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

    2%

  10. 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

    2%