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Cost of Greek corporate loans rises in April, remains well above euro average
EconomyMacroeconomythe sharp drop in 2013, the interest rate in Greek new time deposits remains persistently above... the most volatile performance, with interest rates moving significantly up or down each month... average rates stands at around 2 percentage points for amounts up to 250,000 euros and at circa 3
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C/A deficit to April narrows by 34.7 pct boosted by services
EconomyMacroeconomyto a 3.2 percent drop in exports and a 3.5 percent increase in imports. BoG notes that the key... is excluded, the trade balance showed an improvement since the drop in imports was higher than... soaring non-residents’ arrivals and travel receipts, up 30.6 and 35.8 percent respectively. The 4-month C
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Greek retail turnover advanced for the third straight month, 4.5 pct in August
EconomyMacroeconomyposted a drop in August, namely department stores (-8.6 percent) and furniture, electrical and household... reflects a positive growth posted in food, beverages and tobacco (up 17.9 percent), supermarkets (up 11 percent) and automotive fuel (up 7.5 percent), also attributed to seasonal reasons
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Rise in Greek car sales slows to 7.5 pct in November
EconomyMacroeconomythe other monthly readings this year pointed to a significant rise, reaching up to 48.7 percent... indicates a slightly slower increase (up 26.2 percent), mainly reflecting three single-digit readings... is registers more than half of total motor vehicle circulation licenses, posted a modest drop of 0.8
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Building activity declines at slower rate of 6.4 pct in Dec
EconomyMacroeconomywas recorded in the Ionian Islands (up 81.3 percent) followed by West Macedonia (up 39.1 percent) and Central Macedonia (up 14 percent). The highest drop was posted in Epirus (down 27.5 percent... building permits rose by a modest 1.2 percent. Note though that the rate of drop in December
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General gov't primary surplus halves in Q1, arrears and guarantees jump
EconomyMacroeconomyreversing the 50 percent drop recorded in the 2-month period. In contrast, two gg entities displayed... and reached 2.01 billion in March making up 45 of total arrears. Hospital arrears are following suit... of 1.26 billion. However, the year to date movement shows a drop by 3.5 percent or 11.43 billion
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Stock market slips 1.4 pct dragged by huge bank losses
Economyshares, which continued unabated for the fifth successive week. The sharp drop was amplified... December 2 and the new shares will trade again as of December 3. NBG will run a Greek public offer for up... on Monday its quarterly results with net profit at 21.8 million, up 8.9 percent led by a rise
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Newsletter 80 - 01/07/2016
, up by 51.5 percent from last year and outperforming the target by 3.1 billion. The notable over.... Meanwhile, credit contraction remains unabated, with the drop rate accelerating slightly to 2 percent... by 3.9 percent in April, after a 4 percent drop in March. The index has been on the slide for 11
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Newsletter 81 - 08/07/2016
). The recorded drop reflects a rise in the number of employed by 25,600 from the previous month and a drop in the number of jobless by 21,000. The primary cash surplus markedly widened to 2.5 billion... up by 1.9 percent to 30.1 billion. Meanwhile, other Finance Ministry figures showed arrears
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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... income (NII) of the four banks edged up by 0.8 percent QoQ, while the H1 figure rose by 1.8 percent... funding recorded a lower drop of 3.86 billion to 31.39 billion. As a result, the Eurosystem funding mix
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