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  1. Greek Q4 GDP QoQ drop revised to 0.4 pct, 2014 growth at 0.7 pct

    EconomyMacroeconomy

    in the last nineteenth quarters (since Q1 2010). The largest drop in the quarterly economic.... During the crisis years, the biggest nosedive (-8.3 percent) was posted in 2011, followed by a drop... a cumulative drop of almost 22 percent since 2008. This mainly results from a nosedive in disposable

    11%
  2. Consumer prices drop further by 2.2 pct in June
    Photo by MacroPolis

    EconomyMacroeconomy

    The Greek consumer price index (CPI) fell by 2.2 percent in June after a drop by 2.1 percent...) and clothing and footwear (-3.6 percent). A drop higher than the headline figure was also recorded... the current 12-month trailing index indicates a drop by 1.7 percent. This suggests that 2015

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  3. Economic sentiment fell to 81.3 in July for the sharpest historical monthly drop

    EconomyMacroeconomy

    reading since October 2012. The year to date evolution shows a significant drop by 17.8 points... points to -52.9 in July from -46.8 in June. The monthly movement indicates the highest drop since... the highest monthly drop plummeting by more than 22 points to -25.9, whilst the construction confidence fell

    11%
  4. Drop in corporate loan rates led the average loan rate at a new historic low
    Photo by MacroPolis

    EconomyMacroeconomy

    on new deposits eased by 1 basis point (bp) to 1.09, largely reflecting a 5 bps drop... considerable drop by 52 bps to 5.59 percent for loans up to 250,000 euros. For higher loan amounts... percent. The interest rate in loans to sole proprietors slipped by 8 bps to 7.65 percent. The drop

    11%
  5. ELA funding down by 1.48 bln in July for first monthly drop since May 2014
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    . This was the first drop in central bank funding since September 2014. The absolute figures showed... to a month-on-month drop in the Emergency Liquidity Assistance (ELA) funding by 1.48 billion euros to 85.29... of 50.48 billion in June. The evolution in July is the first MoM drop since November 2014. The lower

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  6. Industrial turnover fell 13.4 pct in June for second biggest drop since Oct 2009

    EconomyMacroeconomy

    of the respective index. The breakdown by region displayed a sharper drop for the non-domestic market... plunged 34.1 percent, while capital goods posted a mid-single digit drop of 4.9 percent. In contrast... a record drop in new orders as bank closures and capital controls badly hampered normal business

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  7. Industrial turnover falls by 14.7 pct in Sept for eleventh straight drop

    EconomyMacroeconomy

    a revised 18.1 percent drop in August, Hellenic Statistical Authority (ELSTAT) data showed on Thursday... months displays a fall by 8.1 percent. The steep drop in September largely reflects a considerable... months, the more detailed breakdown showed mixed trends. The biggest drop was recorded in mining of metal

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  8. Industrial production back on downward trajectory with 1.9 pct drop in Oct

    EconomyMacroeconomy

    south in October but the biggest drop was posted by mining and quarrying production (-12.5 percent... month by 1.2 percent in October after a 1.8 percent month on month drop in September. The monthly... by 3 points to -16.6 in November. However, the year to date balance indicates a marked drop by 13.6

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  9. Sharp drop of 5.3 bln for Greek ELA funding after completion of capital increases

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding fell by 5.98 billion euros in November following a drop by 2.01... is in line with the Eurosystem funding drop over this period. At the same time, ECB funding was also... of fees paid to the state for the collateral guarantees. The drop of ELA funding also led

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  10. Drop in CPI accelerates to 0.7 pct in Jan
    Photo by MacroPolis

    EconomyMacroeconomy

    ) compared to that posted in December (-0.3 percent), which is fully attributed to a drop in goods... in January. The decline in January CPI primarily largely reflects a drop in clothing and footwear... month, January CPI fell 1.9 percent, mostly due to a sharp drop in clothing and footwear prices by 23

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