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Minor movements in Greek deposit and loan rates in April
EconomyMacroeconomypercent in April. On the corporate front, the most significant development was the drop by 49 bps in the lending rate in loans for amounts up to 250,000 euros to 5.64 percent. In contrast, the rate for higher amounts up to 1 million rose by 15 bps to 5.19 percent, while the lending rate for amounts
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Greek pensions laid bare
Agorathe risks and gave a small window of opportunity up to 2005 to deal with the issue before... billion. The combined total corresponded to 9.6 percent of GDP. Despite a sharp drop of 21 percent... this period. The biggest annual drop was recorded in 2013 when the full impact of the last pension cut
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Industry turnover down by 2.3 pct in April for sixth straight fall
EconomyAuthority (ELSTAT). The April headline figure is the sixth straight monthly drop and the eleventh... a double digit rise of 14 percent, yet it makes up just a fraction of the total turnover. Following April...-domestic market rose by 2.3 percent. The breakdown of the latter showed a marginal drop (-0.2 percent
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ELA funding down by 1.23 bln in August for second successive fall
EconomyMacroeconomyby 1.23 billion euros after a drop by 1.29 billion in July, Bank of Greece's (BoG) monthly financial... is attributed to deposit inflows, since the respective drop in July was accompanied by total outflows... by Greek banks with BoG slightly increased by 820 million to 164.45 billion. ECB funding edged up
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Tax arrears rise again in August as 645 mln in new debt added for total of 6.92 bln this year
Economya drop by 20 percent year on year (YoY). Similarly, the average monthly increase in the 8-month period..., making up 64.4 percent of total new unpaid taxes. Legacy tax arrears – tax debt created by the end of 2014 – slipped by 97 million month on month (MoM) to 72.18 billion in August. The monthly drop
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Building activity down by 3.5 pct in Sept for third straight fall
EconomyMacroeconomyrise by up to 56 percent for West Macedonia, while the eight other regions posted a nosedive up to almost 53 percent for the Ionian Islands. The modest drop of 1.2 percent in the course of 2015... Supervisory Mechanism (SSM) of the ECB in October, the institutions assumed a drop in housing prices by 7.5
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Notable increase in grants to social security sector leads to budget primary deficit in Nov
Economy, up by 21.7 percent from the corresponding period last year, according to the Finance Ministry (MoF... up by 30.8 and 42.3 percent respectively. In contrast, indirect taxes eased by 0.8 percent mainly due to double-digit drop of 15.2 percent in consumption taxes, while VAT revenues grew by 5.9 percent
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Travel receipts rise 16 pct in Nov as surplus soars 84.3 pct
EconomyMacroeconomyGreece's travel receipts rebounded by 16 percent in November after a 4.1 percent drop in October... percent to 641,500. The breakdown of inbound traveller flow showed the drop fully reflects a decrease... of 20.9 percent. More specifically, arrivals from France shot up (+53.8 percent) followed by those froom
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Time deposit rate almost stable in December, average loan rate rises 17 bps
EconomyMacroeconomyin December mainly driven by a 2 bps drop in corporate overnight rate. Loans The most notable rate changes... maturity up to one year markedly rose by 73 bps to 7.89 percent, while housing rate increased by 23 bps... increase in the loan rate coupled with a marginal drop in the deposit rate led the average spread
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Unemployment rate resumes upward trend to 24.4 pct in Jan
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate edged up to 24.4 percent in January from 24.3... movement in January reflects a drop in the number of employed to 3.61 million, the lowest since June... of both changes led non-adjusted unemployment up to 25.7 percent in January from 24.5 percent
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