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  1. Number of new companies registering in 2016 half of those in 2008
    Photo by Natasha Pantazopoulou/Fosphotos

    Economy

    in 2012. The negative balance in 2016 largely reflects a sharp drop in the number of new companies... technology (ICT) saw a drop in the number of new companies by 38 and 27 percent respectively. The biggest

    2%

  2. Minor fluctuations in deposit and loan interest rates in December

    EconomyMacroeconomy

    Greek households’ new time deposit rate edged down by 1 basis point (bp) to 0.70 percent in December after a higher drop by 5 bps in November, Bank of Greece (BoG) data displayed on Thursday... average rate of 0.45 percent. Meanwhile a sharper drop in the overnight interest rates for both

    2%

  3. Greece in inflation for first time since Feb 2013 as CPI rises 1.2 pct in Jan

    EconomyMacroeconomy

    CPI decreased 0.8 percent, largely due to a sharp drop in clothing and footwear prices by 24.5 percent... percent, at a slower pace compared to the drop of 1.7 percent in 2015. All recent forecasts point

    2%

  4. Turnover indices in most service activities deteriorate in Q4

    EconomyMacroeconomy

    The majority of the turnover indices for the services sector recorded a drop in the fourth quarter (Q4) of 2016, after a rebound in the previous quarter, Hellenic Statistical Authority (ELSTAT) figures showed on Wednesday. Specifically, 11 out of the 14 services activities posted a drop in Q4

    2%

  5. NBG records net profits of 73 mln in Q4, turns profitable for whole year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    was reduced for the third successive quarter by 900 million QoQ bringing the cumulative drop in the NPE.... A higher QoQ drop was posted in the Greek ratio, which declined to 33.8 percent from 35.4 percent

    2%

  6. Stocks climb 4.8 pct on increased optimism about deal with institutions
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    in the previous week. Corporate news Hellenic Exchanges posted a sharp drop of 84 percent in 2016... to 222.4 million, while net profits were reduced by 28 percent to 34.2 million. OPAP reported a drop

    2%

  7. Newsletter 114 - 07/04/2017

    Newsletters

    , mostly on the back of a drop in social benefits, purchases of nonfinancial assets and transfers... drop in new orders, further decline in output and reduced employment. Specifically, new orders fell

    2%

  8. Since 2010, declared income has plummeted but tax due has risen
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    the drop in their declared income reached 39.5 percent (to 2.61 billion euros), meaning a decrease... of taxpayers with commercial activity recorded a sharper drop of 35.2 percent to 663,830. Their declared

    2%

  9. Current account deficit expands to 937 million in Feb
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    mainly reflects an increase in the goods deficit by 189.8 million and a drop in the primary income... showed a marked drop in residents’ external assets in February largely reflecting a decrease of 1.3

    2%

  10. Primary cash balance turns to 295 mln deficit in Q1
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    increased by 929 million. The sharp drop in March expenditure led the 3-month figure up by 1.21... percent to 1.07 billion in the 3-month period of the year. This reflected a modest drop in net revenues

    2%