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  1. Greek deposits down 4.2 bln in Dec for highest outflows since June 2012

    EconomyMacroeconomy

    by 2.4 percent month on month (MoM). Balances reached 160.29 billion euros, according to the Bank of Greece (BoG). The MoM drop is the highest since June 2012 and reflects extended outflows of 4.2... billion euros MoM for the fifth month in a row to 186.63 billion in December. This month’s evolution

    17%
  2. Greek retail turnover index down 1.6 pct in November
    Photo by MacroPolis

    EconomyMacroeconomy

    and volume fell by 3.1 and 1.5 percent month on month (MoM) respectively, despite the interim sales period... launched, retail volume had risen by 2.2 percent, while turnover had eased 0.6 percent. The MoM... percent). On the flipside, books, stationery and other goods as well as department stores posted a MoM

    17%
  3. Greek CPI falls 2.8 pct in Jan for second largest drop since 2001
    Photo by MacroPolis

    EconomyMacroeconomy

    -January, CPI fell 1.4 percent month on month (MoM). This mainly reflected a double-digit decrease... beverages and tobacco rose by 1.4 and 0.6 percent MoM respectively in January The harmonised CPI... percent MoM. The breakdown of YoY price changes in the twelve main groups showed only one sector

    17%
  4. Greek deposits nosedive by 12.8 bln in Jan as balances reach lowest point since Aug 2005
    Photo by MacroPolis

    EconomyMacroeconomy

    pace of 7.6 percent month on month (MoM), with balances reaching 148.04 billion euros, according... to BoG records. The MoM drop reflects extended outflows of 12.79 billion euros in January from 4.2... and non-euro area residents – fell by 13.11 billion MoM for the sixth straight month to 173.52 billion

    17%
  5. Greek credit falls by 2.9 pct in Jan as lending balances reach 214 bln

    EconomyMacroeconomy

    balances rose by more than 2 billion month on month (MoM) to 214.14 billion in January from 212.04 billion..., shipping balances (mostly denominated is US dollar) rose by 811 million MoM, although net additions... by 2.9 percent YoY. Balances rose by around 500 million MoM, due to mortgages, to 97.6 billion, while

    17%
  6. Greek CPI drops at slower rate of 2.2 pct in Feb for 24th straight month of deflation

    EconomyMacroeconomy

    2013 at 2.9 percent followed by January 2015. The CPI fell month on month (MoM) for the fifth... in mid-January and lasted until the end of February. The largest MoM drop was recorded in clothing... prices rose 2.1 percent MoM. The deceleration in the decline of harmonised CPI was sharper at 1.9

    17%
  7. Smaller rise of 737 mln for unpaid taxes in April

    EconomyMacroeconomy

    Greece’s new unpaid taxes eased month on month (MoM) for the third straight month in April, coming... an increase by 449 million MoM, which is the lowest rise year to date. Note that the effective debt... companies. The legacy tax debt (created by the end of 2014) slipped by 104 million MoM to 72.88 billion

    17%
  8. Unpaid taxes rise by 1.03 bln in May, taking total to 77.88 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    ). This follows a month on month (MoM) decline in the preceding three months, while May figure is the first... million MoM, which is the second highest monthly rise within the year. It is also noteworthy... of 2014 – eased by 234 million MoM to 72.64 billion at the end of May. The evolution so far

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  9. Credit contracts by slower rate of 2.1 pct in May
    Photo by MacroPolis

    EconomyMacroeconomy

    that the outstanding balance of corporate loans fell by more than 3 billion month on month (MoM) below... to 1.2 percent in May from 0.6 percent in April with balances broadly stable MoM at 13.58 billion.... Balances landed at 69.13 billion with net deductions flat MoM at 219 million. Consumer credit contraction

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  10. CPI falls by another 2.2 pct in July as VAT rises yet to be recorded
    Photo by MacroPolis

    EconomyMacroeconomy

    that will be recorded when the new fees are first applied. The CPI fell 1.3 percent month on month (MoM) largely... of clothing and footwear, which declined by 13.2 percent MoM, as well as in household equipment (-3 percent). In the other main groups of goods and services the MoM changes were only marginal

    17%