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  1. Greek trade deficit narrowed 11 pct in 2013 but exports marginally negative
    Photo by MacroPolis

    EconomyMacroeconomy

    to exports decreasing at a higher rate than imports. The high single-digit drop in December reflects... depicting a 2.1 percent drop. The import movement for the full year exhibited a broadly similar... of 5.9 billion on the overall balance. The substantial improvement is owed to a drop in the trade deficit

    3%
  2. Industrial production up 1.1 pct in Jan, first consecutive rise since Aug 2007

    EconomyMacroeconomy

    the 3.3 percent drop posted in 2012. The moderate growth in January stems from a rise of 2 percent... production counterbalancing a drop in water supply production by 2.8 percent. The main industrial groups... percent) recorded the highest drop.

    3%
  3. Greek banks' Eurosystem funding falls for third straight month, at lowest since Feb 2010

    EconomyMacroeconomy

    level since February 2010. The significant drop in March primarily reflects a decline of the Emergency... drop in March, the aggregate amount of Eurosystem funding shows a reduction of 50 percent (60.5... of 2013 with a positive impact on banks’ NII in the last three quarters of 2013. The sharp drop of ELA

    3%
  4. Four months of decline in industry turnover almost comes to stop in February

    Economy

    4.3 percent in January and a double-digit drop in the preceding three months, according... showing a 5.4 percent drop. The marginal movement in January fully reflects a similar decrease.... On the flipside, a double-digit drop was recorded in the sectors of electrical equipment (down 37.4

    3%
  5. Retail index fell by 2.2 pct in Feb but trend improving

    EconomyMacroeconomy

    by pharmaceutical products and cosmetics where the drop stood at 6.2 and 10.7 percent respectively... cumulative drop stands at 27 percent over the past five years dragged by a narrowing of the disposable... February 2014 reaching its highest level since February 2010. After a cumulative drop of 28 percent

    3%
  6. Imports soar by 7 pct in March as exports rise for first time since Sept

    Economy

    , the 12-month trailing index points to a 3.3 and 2.2 percent drop in imports and exports respectively... drop recorded in the preceding two months. ELSTAT is due to release March commercial transactions... resulting in an 11-percent drop in trade deficit.

    3%
  7. Car registrations continue to rise; up by 9.1 pct in April

    EconomyMacroeconomy

    figure for the four-month period exhibited a double-digit rise (+18.7 percent) compared to a drop... percent in each of the preceding three years. Overall, car registrations posted a cumulative sharp drop... percent in 2014, yet at a slower pace compared to the 6 percent drop recorded last year. Consumer

    3%
  8. Greek trade deficit increases by 14.7 pct in March

    EconomyMacroeconomy

    also shows that the trade deficit increased by 3.1 percent, reversing the modest drop of 2.4... drop in imports (down 0.3 percent) and a higher decline in exports (down 3 percent). The former... percent. A resumption of exports growth remains key for a further drop of trade deficit in 2014.

    3%
  9. Eurobank records net loss of 207.4 mln in Q1

    EconomyBanking

    ) by 9 percent quarter on quarter (QoQ), a drop in impairment losses by 26 percent and eliminating... front, operating income posted a 4.7 percent drop QoQ to 461 million, mainly driven by a 4.9... in Q4. Following a drop by 26 percent QoQ in impairment losses to 479 million, the cost of risk (loan

    3%
  10. Greek May CPI falls 2 pct in one of biggest drops for more than a year

    EconomyMacroeconomy

    indicates the CPI eased 0.8 percent compared to April, mainly due to an 8.9 percent drop in clothing.... The 2 percent decrease of the CPI in May is largely due to a drop in prices of three sectors... deflationary reading in the past 15 months. Following a drop of CPI by 0.9 percent in 2013 for the first time

    3%