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  1. Deposits up again in December but credit contraction continues apace

    EconomyMacroeconomy

    for savings negative flow is the continued erosion of household disposable income, with latest official data... percent at the end of June from 24.5 percent at the end of 2012, according to the BoG's latest

    2%

  2. Building activity up by 36.2 pct in Nov as rebound continues

    EconomyMacroeconomy

    at 3.1 - 3.7 percent in the past two years, with latest figure at 3.3 percent in December... 2013 from 7.4 percent at the end of 2009, according to Bank of Greece latest official data

    2%

  3. Eurosystem funding for Greek banks eases by 2.18 bln in January

    EconomyMacroeconomy

    . The troika’s latest guidelines call for a reduction of Greek banks’ Eurosystem funding to total assets ratio below 15 percent by 2017. Latest bank data (end of September 2013) indicate

    2%

  4. Building activity nosedived for the fourth straight year, down 27.6 pct in 2013
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    percent in the past two years, with latest figure at 3.3 percent in January. At the same time... times higher than the figure (7.4 percent) at the end of 2009, according to the latest official data

    2%

  5. Greek deposits down 0.3 pct in Feb, credit contraction stable

    EconomyMacroeconomy

    for the negative deposit flow is the continued erosion of household disposable income, with latest... quarter, according to BoG latest data. As expected, the consumer credit sector excels with its NPL

    2%

  6. Car sales continue upward course as registrations increase by 33.1 pct in March

    EconomyMacroeconomy

    Cars going into circulation for the first time showed a year on year (YoY) increase for the seventh successive month at 33.1 percent in March, according to latest data published by the Hellenic... signs of a potential household consumption recovery. That said, latest official forecasts point

    2%

  7. Another big drop for building activity, which fell by 35.3 pct in January
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    in the past two years, with latest figure at 3.3 percent in February. One of the reasons for the negative... to the latest official data by the Bank of Greece. At the same time, shrinking building activity

    2%

  8. April saw first rise in Greek banks' Eurosystem funding this year

    EconomyMacroeconomy

    extended to 85 billion. The latest Finance Ministry data indicates bank support scheme guarantees... of GGBs, Greek banks regained access to ECB liquidity. According to Greek banks’ latest official

    2%

  9. Apartment prices fell 7.5 pct in Q1, down for the 21st successive quarter

    EconomyMacroeconomy

    showed a cumulative drop of 75 percent since 2008. The latest building activity figure for February... in non-performing housing loans with the latest figure at 25.8 percent in September 2013

    2%

  10. Greek Tourism Association sees tourist arrivals rising to 19 mln for 2014
    Photo by MacroPolis

    EconomyMacroeconomy

    . The latest data on the number of international visitors from scheduled flights point to a 25... to that for Iraklio (on July 27 with 30,430 visits) and Rhodes (on August 3 with 30,725 visits). The latest official

    2%