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  1. April saw first rise in Greek banks' Eurosystem funding this year

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding increased by 1.27 billion in April, showing a monthly rise for the first time since December 2013, according to the Bank of Greece's (BoG) monthly financial statement. The headline figure stood at 61.96 billion at the end...

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  2. Most Greeks saw income fall over last year, limiting purchasing power
    Photo by MacroPolis

    Society

    The results of a survey by the Labour Institute (INE) of the General Confederation of Greek Workers (GSEE), which was published on July 17, highlighted how salary earners’ purchasing power has been limited. The survey, conducted in cooperation with Alco...

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  3. Increase in number of services that saw their turnover decrease in Q2

    EconomyMacroeconomy

    The evolution of turnover indices for the services sector showed a worsening performance in Q2 2014, with 10 out of the 14 types of services, or specific activities of services as they are referred to, posting a negative growth, according to the Helleni...

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  4. Almost all services in Greece saw decline in Q3

    EconomyMacroeconomy

    The evolution of the turnover indices for the services sector showed a further worsening in the third quarter (Q3) of 2014 with 12 out of the 14 service activities recording a drop, according to the Hellenic Statistical Authority (ELSTAT). In the preced...

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  5. Office prices and rents saw substantial fall in H1 2014

    Economy

    The Bank of Greece (BoG) published on Monday for the first time its commercial property price and rent indices. The released data concerns office and retail price and rent levels of prime investment property and cover the period from the first half (H1)...

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  6. Greek households saw net financial wealth plummet by 37.5 pct during crisis
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Τhe impact on Greek households’ financial wealth and liabilities during the crisis years is examined in a study included in the latest statistical bulletin published by Bank of Greece on Wednesday. The study showed that the net financial wealth of Greek...

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  7. Banks saw asset quality and liquidity trends improve in Q4 but process interrupted in 2017

    Agora

    Greek banks concluded the release of their fourth quarter (Q4) results last week, which showed an improved financial and asset quality performance overall. Almost all the core banks recorded a positive bottom-line result for Q4 and turned profitable for...

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  8. Newsletter 102 - 13/01/2017

    Newsletters

    to a decline in the number of jobless by 8,200 month-on-month to 1.1 million, while the number of employed... Commission and OECD estimates point to a higher increase of 1.1 percent. Tobacco, housing and hotels, cafes and restaurants saw the biggest increases in December. Industrial production index up Continued

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  9. Travel balance down by 29 pct in April as receipts slump
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to roughly 1.1 million. The average expenditure per trip also fell by 7.3 percent to 418.30 euros... percent. US visitors saw an increase of 3.6 percent. Overall, arrivals from the EU 28 countries rose... to 891,100. Arrivals from outside the EU rose by 7.3 percent to 1.1 million. The aggregate breakdown

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  10. Travel balance increases by 16 pct in June and 19.5 pct in first half of year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to 1.6 million, while non-European visitors fell by 5.7 percent to 1.1 million. The aggregate... in the first six months of the year to 1.1 million. Arrivals from Russia fell by 18.7 percent, and US visitors saw an increase of 16.5 percent. Overall, arrivals from the EU 28 countries rose by 26.2 percent

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