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  1. Eurosystem funding falls by 625 mln in Mar, banknotes in circulation rise by 120 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    , staying below 10 billion for a third consecutive month. March’s figure was driven largely by a drop of 550 million euros in European Central Bank (ECB) funding, along with a smaller drop of 75 million euros... for March revealed that ECB funding made up close to 100 percent of all funding, having overtaken ELA

    7%
  2. CPI rises by 1 pct in April
    Photo by MacroPolis

    EconomyMacroeconomy

    compared to March. The core index edged up by 0.5 percent in April, following a 0.4 percent rise... partially offset by a drop in prices for clothing and footwear by 1.8 percent, accompanied by a same drop in household equipment. Recreation and culture-related services followed with price drops

    7%
  3. NPEs down by 13 pct to 81.8 bln in 2018, but BoG highlights continuing credit risk
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    . With the drop of NPEs outpacing the deleveraging in the system that saw loans drop by 10 percent during... in the loans of the latter category is alarming as the ratio went up from 11.3 percent in 2017 to 13.4

    7%
  4. Retail turnover falls by 2 pct in May, volume drops by 2.4 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    the downward revised drop came to 1.9 percent, Hellenic Statistical Authority (ELSTAT) data showed... fell by 2.4 percent from a downward revised drop of 2.6 percent in April. As with the sales index... by 0.4 percent and came to 100.2, while volume also edged up by 0.3 percent and came to 100.4. The latest

    7%
  5. Industrial production rises by 0.3 pct in Jun and 1.2 pct in 6-month period
    Photo by MacroPolis

    EconomyMacroeconomy

    . A drop of 2.2 percent was noted in the electricity supply index, while the mining and quarrying index... decreases, led by consumer durables which showed an annual drop of 3.9 percent. This was followed... picked up, indicating confidence among firms that output will continue its trend of expansions

    7%
  6. Industrial turnover drops by 7.5 pct in June
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    EconomyMacroeconomy

    drop of 0.2 percent in May, Hellenic Statistical Authority (ELSTAT) data published on Monday showed...-domestic market fell by 4.2 percent. The drop in the domestic market was driven by a decline of 9.2.... Sales growth picked up, indicating confidence among firms that output will continue its trend

    7%
  7. Turnover in tourism rises by 12.9 pct in Q2
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in 2019, the INSETE noted that tourist arrivals could drop by up to 7 percent in 2019. The study... for 79 percent of tourism revenue in 2018, a drop of 7 percent in international arrivals can be expected

    7%
  8. CPI edges down by 0.1 pct in September
    Photo by MacroPolis

    EconomyMacroeconomy

    to August. The core index edged up by 0.7 percent in September, staying unchanged from August. Additionally... percent drop in food and non-alcoholic beverages and a drop of 1.7 percent in recreation and culture

    7%
  9. Newsletter 224 -18/10/2019

    Newsletters

    . In April, the Fund expected full compliance with Greece’s commitment to its official creditors up to 2022, which is the scheduled agreed commitment horizon, and then it would drop to 3 and 2.8 percent... statement. The total for central bank funding comes to 7.51 billion, fully reflecting a drop of 700

    7%
  10. CPI edges down by 0.7 pct in October
    Photo by MacroPolis

    EconomyMacroeconomy

    to September. The core index edged up by 0.4 percent in October from 0.7 percent in September. Meanwhile... of 2.4 percent in the price of household equipment and housing. This was followed by a 1.9 percent drop in recreation and culture and a 1.6 percent drop in food and non-alcoholic beverages. Rises were

    7%