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  1. Building activity falls by 2.4 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    Building permits declined by 2.4 percent in July compared to a rise of 9 percent in June, Hellenic Statistical Authority (ELSTAT) data released on Thursday showed. The headline rate puts building... a disproportionately high positive or negative growth rate. For the seven-month period from January through to July

    5%

  2. IMF still sees fiscal gap in 2018 - no action needed, for now
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyProgramme

    quarter, also reflecting a low base effect due to a weak Q4 in 2016. The rate of unemployment... and higher exits from the pension system, as well as a much higher mortality rate, explaining about

    5%

  3. Newsletter 135 - 13/10/2017

    Newsletters

    is projected for the final quarter, also reflecting a low base effect due to a weak Q4 in 2016. The rate... revealed. The headline rate puts building activity back into negative territory after two straight

    5%

  4. Disposable income grows by 0.2 pct in Q2 on higher remuneration, consumption rises
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    the last seven years on the back of a notable increase in the jobless rate coupled with wage... saving rate (defined as gross savings divided by gross disposable income) stood at -9.9 percent

    5%

  5. Household disposable income fell by another 2.3 pct in 2016, consumption down by 1 pct

    EconomyMacroeconomy

    the household saving rate into negative territory since 2012, reaching -6.8 percent in 2016 from 5.4 percent in 2015. There are some encouraging signs from the investment rate of non-financial corporations

    5%

  6. Eurobank net profit at 61.2 mln in Q3, NPE formation negative for fourth straight quarter
    Image via www.eurobank.gr

    EconomyBanking

    rate environment. Balance Sheet Eurosystem funding declined by 2.7 billion euros QoQ to 11.1 billion... through structure and is euro denominated. It carries a fixed interest rate with a three-year tenor

    5%

  7. GDP growth slows in Q3 amid lower 2017 forecasts
    Photo by MacroPolis

    EconomyMacroeconomy

    by 0.4 percent QoQ but increased by 9.3 percent YoY, up from the 5 percent YoY growth rate posted... since the summer. They pointed to a growth rate of 2.2 percent. Last week, the OECD issued its economic

    5%

  8. Banks meet NPE reduction targets in Q3, adjust targets for next two years
    Bank of Greece

    EconomyMacroeconomy

    that the quarterly default rate fell for the first time this year and came to 2 percent, still exceeding the cure rate, with write-offs being the main tool for NPE reduction. Write-offs came to 4.4 billion

    5%

  9. Trade deficit grows by 20.6 pct in October, driven by higher imports
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    billion euros for the month. The headline figure stems from imports growing at a faster rate than exports... exports grew at a slower rate and rose by 8.6 percent to 2.49 billion euros. Imports rose above

    5%

  10. Building activity drops by 3 pct in September, permits increase above 1,000
    Photo by MacroPolis

    EconomyMacroeconomy

    Building permits declined by 3 percent in September, easing from the drop of 5.2 percent noted in August, Hellenic Statistical Authority (ELSTAT) data released on Monday showed. The headline rate..., meaning that small changes in numbers can cause disproportionate changes in the growth rate

    5%