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  1. Time deposit rate almost stable in December, average loan rate rises 17 bps

    EconomyMacroeconomy

    in December mainly driven by a 2 bps drop in corporate overnight rate. Loans The most notable rate changes... increase in the loan rate coupled with a marginal drop in the deposit rate led the average spread

    2%

  2. Building activity rebounds 7.2 pct in November
    Photo by MacroPolis

    EconomyMacroeconomy

    building surface and volume posted a drop by 2.1 and 4 percent respectively. The geographical breakdown... at least for the next two years with official forecasts calling for a further drop in housing prices

    2%

  3. Apartment prices down by 5.4 pct in Q4 and 5.1 pct over whole of 2015

    EconomyMacroeconomy

    Greek apartment prices decreased by 5.4 percent in the fourth quarter (Q4) of 2015, at a slightly decelerating pace compared to the revised 5.8 percent drop in Q3, Bank of Greece (BoG) data displayed... in the 2008-2014 period. It dropped by a relatively modest drop 1.5 percent in the 11-month period

    2%

  4. A closer look at 2015 revenues reveals size of hit they took
    Photo via Flickr https://flic.kr/p/nphVW

    EconomyMacroeconomy

    is fully attributed to a drop in direct taxes by 706 million, while indirect taxes were kept almost stable.... The breakdown showed corporate income tax rose by 240 million euros to 2.9 billion, more than offsetting a drop

    2%

  5. PMI falls 1.6 pts to 48.4 in February

    EconomyMacroeconomy

    for the first time in the last three months. Manufacturers reported a drop in output and incoming new orders.... The reported drop in new business from abroad is mostly related to transport difficulties caused

    2%

  6. Eurosystem funding down by 1.4 bln in Jan due to lower reliance on ECB funding

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding fell for the seventh successive month, albeit at a slower pace, in January, when it declined by 1.42 billion following a drop of 5.89 billion in December, the Bank.... The January figure represents the lowest reading over the last 12 months. The drop posted in January almost

    2%

  7. Car sales down 17 percent in February

    EconomyMacroeconomy

    . Passenger cars recorded a slower drop of 14.8 percent in February with the absolute figure landing..., the number of car sales landed at 116,168 in 2015 corresponding to a sharp drop by 67 percent over

    2%

  8. Industrial production up by 4.6 pct in Jan

    EconomyMacroeconomy

    and quarrying posted a drop of 13.6 percent. According to the breakdown of the five main industrial groupings..., while lower drop rates were recorded in intermediate goods (-1.8 percent) and consumer non-durables

    2%

  9. Retail sales down by 3.8 pct in Jan for eighth straight fall
    Photo by MacroPolis

    EconomyMacroeconomy

    . All store categories posted double-digit drop rates month on month (MoM) in January with the most.... Retail turnover has been reduced by almost one third since 2009 largely reflecting a similar drop

    2%

  10. Newsletter 68 - 01/04/2016

    Newsletters

    been modest deposit inflows of 930 million euros. Retail sales drop accelerates Retail sales fell... and cosmetics (+0.5 percent). January’s slip in retail sales was fuelled by a drop in petrol prices. 2

    2%