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  1. Current account surplus narrows to 1.82 bln in August
    Photo by MacroPolis

    EconomyMacroeconomy

    . The deterioration is largely attributable to a drop in the services surplus by 245 million, coupled... purchases. The notable drop in the services surplus mostly reflects a significant decrease in net

    2%

  2. General government primary cash surplus substantially widens to 5.3 bln by September, arrears edge down to 6.2 bln

    EconomyMacroeconomy

    marginally by 58 million in September, following a drop of 614 million in August and 345 million in July... an increase in SSF and tax refunds’ arrears by 188 and 156 million respectively more than offsetting a drop

    2%

  3. Average loan rate falls by 26 bps, time deposit rate down by 8 bps to new record low in September

    EconomyMacroeconomy

    250,000 and 1 million euros increased by 23 bps to 5.32 percent. Despite the drop in September... drop in the average loan rate compared to the modest decline in the average deposit rate led

    2%

  4. Industrial production edges up 0.1 pct in September
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    on the total index. The biggest drop of 15 percent was posted by mining and quarrying production... percent), while a double-digit drop was also posted in beverages (down 21.6 percent) and wood

    2%

  5. Unemployment rate edges up to 23.4 pct in August
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    years old) and in the 35-44 age group. The eased to 46.5 and 19.9 percent respectively. A smaller drop... rate expected to drop at a higher pace to 21.5 percent.

    2%

  6. Q3 GDP beats consensus, rises by 0.5 pct QoQ and 1.5 pct YoY
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Ministry (MoF) and the European Commission (EC) expect private consumption to drop by 0.6 and 0.5... pace compared to exports by 9.6 percent in H1, reflecting a sharp drop in services by 24.1 percent

    2%

  7. Building activity rebounds 16.6 pct in Aug, largely due to low base effect

    EconomyMacroeconomy

    to a drop of 7.9 percent, while the corresponding surface and volume fell at a sharper pace of 19.8... percent in the second quarter of the year, the 29th consecutive quarter of decline. The cumulative drop

    2%

  8. Eurobank records net profits of 85 mln in Q3, updates on NPE reduction targets
    Photo by MacroPolis

    EconomyBanking

    on the Emergency Liquidity Assistance (ELA) funding that more than offset a drop in the loan NII... for a gradual and progressive drop in the cost of risk to 1 percent in 2019. Eurosystem funding

    2%

  9. Travel receipts rebound 2.3 pct in September, 9-month figure still points to a decline of 5.5 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    countries recorded a drop in September. In specific, arrivals from the US tumbled 34 percent, while... with the 10-month figure now pointing to a marginal drop of 0.3 percent. Despite the overall positive

    2%

  10. NBG turns profitable in Q3, NPE stock drops further by 1 billion
    Photo by MacroPolis

    EconomyBanking

    are expected to drop from 15.2 billion in 2015 to 7.7 billion in 2019. This corresponds to a drop

    2%