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  1. Building activity posts first rise in 20 months but overall picture grim

    EconomyMacroeconomy

    in the past two years, with latest figure close to the low end. At the same time, the housing non... of 2009, according to Bank of Greece latest official data. The ongoing recession and shrinking

    2%

  2. Greek banks' reliance on Eurosystem funding rose in December for first time since April

    EconomyMacroeconomy

    to total assets ratio below 15 percent by 2017, according to the troika’s latest guidelines. Latest

    2%

  3. Greek banks' capital backstop and the funding gap: An uneasy relationship
    Photo by Harry van Versendaal

    Economy

    of non-core banks amounted to 15.9 billion, according to the IMF’s latest review report... for 2014-15. The latter was estimated at 10.9 billion by the IMF in its latest review report in July 2013

    2%

  4. 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%

  5. 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%

  6. 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%

  7. 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%

  8. 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%

  9. 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%

  10. 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%