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  1. December retail sales seen down 2.5 pct amid tax onrush
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    2009 figure of 6.43 billion, largely attributed to a sharp drop in household disposable income

    19%
  2. Trade deficit rises by 1.2 pct in November
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit edged up by 1.2 percent in November, after a double-digit drop of 16.1 percent in October, Hellenic Statistical Authority (ELSTAT) data displayed on Monday. The upward movement reflects an increase in both imports and exports by 2.9 and 4.2 percent respectively. Exports rose

    19%
  3. Early tourism estimates point to increased airline pre-bookings and lower cruise passengers in 2017
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . SETE chairman Andreas Andreadis recently said that lower tourism revenues are attributed to a drop

    19%
  4. Payment cards up by 3 pct but value of transactions drops by 7 pct in H1 2016

    EconomyBanking

    cards posted a slightly lower drop of 5 percent to 121 euros, largely due to the restrained financial

    19%
  5. Decisive week for Greek programme begins with proposal from Athens
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    and will accelerate a drop in unemployment, Tsakalotos noted.

    19%
  6. ESM and EFSF approve short-term debt relief measures for Greece
    Photo by MacroPolis

    EconomyProgramme

    2060, while gross financing needs are foreseen to drop by almost 5 pp over the same period. Speaking

    19%
  7. Positive deposit flow of 2.8 bln in Dec leads 2016 inflows to 4.2 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Assistance (ELA) funding by 1.37 billion, while ECB funding posted a smaller drop by 500 million

    19%
  8. Credit contraction accelerates to 1.5 pct in Dec, net lending flow remains subdued
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    from 44.2 percent in December 2015, mainly attributed to a drop in performing loans by 3.2 percent

    19%
  9. Newsletter 105 - 03/02/2017

    Newsletters

    on Thursday. In addition, a sharper drop in overnight interest rates led the weighted average rate on all

    19%
  10. Banks see efficiency gains after shedding 29 pct of staff, 42.6 pct of branches during crisis
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    for 2016. The marked drop in operating expenses led to efficiency gains with Greek banks’ cost to income

    19%