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Building activity nosedived for the fourth straight year, down 27.6 pct in 2013
EconomyMacroeconomyto 22 percent. The rate of drop in the Attica region (Athens, Piraeus and suburbs), accounting... since the peak in August 2010. The rate of contraction in housing loans has been between 3.1 - 3.7
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Greek justice slower despite reform efforts during crisis
Society. This is the third longest time in the EU. The rate at which first instance cases are resolved dropped from 79 percent in 2010 to 59 percent in 2012. This is the worst rate among the 20 EU member states surveyed
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Buoyed by troika deal, Greece aims for rapid return to bond markets
Economyunsecured corporate bond was priced at a fixed rate coupon of 5 percent and was 6 times...-December and 4.02 percent in mid-June. Unlike the reduction in the banks’ time deposit rate by 190 bps
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Another big drop for building activity, which fell by 35.3 pct in January
EconomyMacroeconomyEllada and South Aegean recorded the slowest decline at 20 percent. The rate of drop in the Attica... to building activity – have shown a 12.6 percent decline since their peak in August 2010. The rate
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Greek banks' Eurosystem funding falls for third straight month, at lowest since Feb 2010
EconomyMacroeconomywas priced at a fixed rate coupon of 5 percent and was six times oversubscribed. Following the sharp... positive impact arises from the ECB’s move to cut its rate by 0.25 percentage points in mid-November
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European Commission review of Greek programme: The key points
EconomyProgrammeon the assumption of a 72 percent collection rate for individuals and 90 percent for legal entities... specific timetable. Banks Greek banks’ non-performing loans (NPL) continue to rise, yet the rate of new
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Greece's new finance minister lines up for a marathon (and several short sprints)
PoliticsGreek Politics(GLF) variable rate (currently at Euribor plus 50 basis points) to 1 percent constant for the next 50... contracted by 0.9 percent in the first quarter (Q1) of 2014, the slowest rate of decline since Q1
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Two years on, Greek government ready to give up on higher heating fuel tax
PoliticsGreek Politics, the 10-percentage-point reduction (from 23 percent to 13 percent) in the VAT rate applied to food... is imposed on declared incomes and has a rate of 1 to 4 percent for any annual income that exceeds
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Car registrations surge by 46.3 pct in June thanks to tourism, consumer confidence
EconomyMacroeconomyto the Hellenic Statistical Authority (ELSTAT). The June reading is the second highest (after May) rate... of the first-time circulated road motor cars with its growth rate (52.3 percent in June) above the country
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Building activity plunges by 35.6 pct in April, down by 75 pct since 2008
EconomyMacroeconomythe highest drop, at -47.6 and -40.3 percent respectively. In contrast, the rate of decline in building... 2010. In addition, the rate of housing lending contraction is persistently ranging between 3 and 3.5
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