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August sees third Greek C/A surplus in a row, reaching 1.82 bln
EconomyMacroeconomyan increase of the C/A surplus by 2.2 billion YoY on a comparable basis. The widening of the 8-month C... to the end-July figure. This showed a net inflow of 1.1 billion, while residents’ direct investment.... As a result, the year to date figure turned to a net outflow of 1.1 billion in the 8-month period
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Q2 GDP rebounds by 0.9 pct QoQ on higher consumption and falling imports
EconomyMacroeconomyfor the second consecutive quarter mainly reflects a rebound in final consumption by 1.1 percent, falling..., real GDP grew by 1.1 percent, while nominal GDP eased by 0.2 percent, fully due to the negative... of services by 2.2 percent offsetting a drop by 2.3 percent in exports of goods. The first half figures
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CPI drops at a slower pace of 0.5 pct in October
EconomyMacroeconomydecreases in prices were recorded in clothing and footwear (-2.2 percent), miscellaneous goods... beverages and tobacco increased by 1.5 percent followed by hotels, cafes and restaurants (+1.1 percent... in HICP by 0.1 percent in 2016 and by 1.1 percent in 2017.
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Piraeus Bank posts net profits of 31 mln in Q3, records improved asset quality trends
EconomyBankingwas reduced by 587 million QoQ and by 2.2 billion year on year (YoY) to 25.35 billion at the end... lower by 163 mln QoQ to 36.7 billion, while has recorded a cumulative drop of 1.1 billion over.... On the P&L front, core operating income improved by 1.1 percent QoQ to 570 million euros, reflecting
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Economic sentiment edges up in March, consumer confidence deteriorates for third straight month
EconomyMacroeconomyGreece’s economic sentiment (ESI) improved by 0.5 points in March following a drop by 2.2 points..., albeit at a slower pace by 1.1 points in March following a decrease of 5.5 points in February. Following... confidence indicator (+1.1 points). On the flipside, the construction confidence indicator has dropped by 3.9
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Q1 GDP provides a positive surprise with 0.4 pct quarterly growth
EconomyMacroeconomyquarter (Q1) of 2017, after a downwardly revised drop of 1.1 percent in the previous quarter... by 1.1 percent in the previous quarter. It grew by 0.9 percent YoY from a decrease of 0.7 percent..., expecting GDP to grow by 2.1 percent, while the IMF estimate is slightly higher at 2.2 percent.
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Newsletter 138
surplus would exceed even the 2.2 percent of GDP recorded in the draft 2018 budget and would allow the government to hand out at least 1.1 billion euros. In contrast to previous Athens reportedly has 71... figure declined by 1.1 percent. The headline figure for the month is the first negative reading
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Newsletter 149 -2/02/2018
to grow by a steady rate of 0.9 to 1.1 percent, residential real estate values will drop marginally... falling by 9.2, 6.1 and 2.2 percent in the 2018 – 2020 period, again 17.4 percent below the baseline...) retail sales index fell by 0.9 percent month-on-month to 71.3 in November, while volume fell by 1.1
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CPI declines by 0.2 pct in March for year’s second negative reading
EconomyMacroeconomyin March, declining from 0.4 percent in February. The annual average HICP for 2017 was positive by 1.1 percent. March’s decline stems largely from a fall of 2.2 percent in miscellaneous goods and services... as prices return to pre-seasonal sales levels. This was followed by household equipment (+1.1 percent
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Banks meet NPE targets in Q1 but mortgage reductions remain slow
EconomyMacroeconomyand representing a reduction of 1.8 percent or 1.1 billion compared to December 2017. The NPE ratio stood... volume of NPLs was reduced by 1.1 billion QoQ. During the quarter, corporate NPLs came to 35 billion... 2017 until the end of 2019, which is more ambitious than the initial target by 2.2 billion
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