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  1. 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%

  2. 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%

  3. 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%

  4. 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%

  5. 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%

  6. 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%

  7. 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%

  8. 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%

  9. General gov't cash surplus sees large contraction in Jan-Feb, arrears edge up

    EconomyMacroeconomy

    far in 2015. Arrears After a marginal drop by 0.6 percent month on month (MoM) in January, arrears... of January. The monthly drop is entirely attributed to a decline in the EFSF/ESM/IMF loans by 11.63

    2%

  10. Newsletter 24 - 24/04/2015

    Newsletters

    in February, although the pace of the drop eased to 9.8 percent from a downward revised 15.6 percent... was lead by a drop of 9.9 percent in manufacturing turnover. February’s rate was the ninth negative

    2%