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  1. Greek VAT gap narrowed 22.4 pct to 4.9 bln in 2014, EC report shows

    Economy

    that the percentage point change in the Greek VAT gap is the biggest drop among all EU member states during... billion euros in 2014, corresponding to a drop of 22.4 percent on the 2013 figure of 6.35 billion

    2%

  2. Trade deficit expands by record 88.9 pct in July

    EconomyMacroeconomy

    a rise in imports by 18.2 percent coupled with a drop by 3.4 percent in exports. The recorded growth... figure largely reflects a drop in exports by 7.2 percent to 14.25 billion, while imports slipped

    2%

  3. Signs of optimism in Greek banks' Q2 results but NPL challenge lies ahead

    Agora

    , aiming for a 40-50 percent and 35-40 percent drop in the NPL and NPE stock respectively by the end... funding recorded a lower drop of 3.86 billion to 31.39 billion. As a result, the Eurosystem funding mix

    2%

  4. Credit contracts by 1.7 pct in August, loans balance at its lowest since 2007
    Photo by MacroPolis

    EconomyMacroeconomy

    the beginning of 2011 that led loan balances down 23 percent over this period. The most marked drop... Financial Stability Fund (HFSF) for approval their plans targeting a sharp drop in NPEs by 30-45

    2%

  5. Broadly stable rate in time deposits, corporate loan rates fall in Aug

    EconomyMacroeconomy

    , which is the lowest reading since 2002. Loans Corporate loan rates fell in August. The most marked drop..., the downswing in the average loan rate resulted in a drop of 5 bps in the average interest rate

    2%

  6. Unemployment rate falls for second straight month, reaching 23.2 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    showed the most notable drop was posted among young Greeks (15-24 years old), where the jobless rate... the unemployment rate to land at 23.3 percent this year and drop further by almost 2 percentage points

    2%

  7. CPI falls at slightly higher pace of 1 pct in September

    EconomyMacroeconomy

    the core index declined for the third successive month by 0.2 percent after a slower drop of 0.1... recently projected the Greek CPI to marginally drop by o.1 percent in 2016 and rebound by 0.6 percent

    2%

  8. Industrial production down 0.3 pct in Aug for first fall since Mar

    EconomyMacroeconomy

    . The August headline figure indicates the first negative reading since March. The modest drop largely reflects... adjusted IPI in August edged up 0.4 percent from the previous month after a drop of 1 percent posted

    2%

  9. Building activity soars 35.4 pct in July mostly reflecting a low base effect

    EconomyMacroeconomy

    Greek building permits strongly rebounded by 35.4 percent in July, after a drop of 21.7 percent in June, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. The headline figure for July... a notable deterioration by 7 points to -59.5 in September extending the year to date drop to 10.4

    2%

  10. Industrial turnover edges up 0.2 pct in August in first rise since October 2014

    EconomyMacroeconomy

    decreased by 8.7 percent. The latter stems from a sharp drop of 21.3 percent for the eurozone..., returning to contraction territory on the back of a drop in productions and new orders.

    2%