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  1. Greek credit contracts again in April but at slightly lower rate of 3.7 pct

    EconomyMacroeconomy

    . The consumer credit sector was the mostly hit by the crisis, while the rate of contraction in April fell below the 3-percent mark for the first time since October 2010. The rate of drop in corporate

    21%
  2. Greek deflation decelerates to 1.5 pct due to VAT rate hikes
    Photo by MacroPolis

    EconomyMacroeconomy

    the implications from the VAT rate streamlining will be included in the August CPI, except some.... On a monthly basis, CPI fell by 0.4 percent month on month (MoM) as the impact from the VAT rate

    21%
  3. Revised data shows economy shrank by higher rate of 21.4 pct from 2010 to 2014
    Photo by Harry van Versendaal

    Economy

    , while the cumulative drop in imports was 9.9 percent, higher than the March rate of 8.8 percent. Real GDP The revision of national accounts also impacted the real GDP growth rates, with the 2014 rate

    21%
  4. Industrial production rises by 5.2 pct in Dec, its highest growth rate since 2007

    EconomyMacroeconomy

    in December, with the highest rate recorded by electricity production (+11.3 percent) followed by mining... at a rate of 12.8 percent, while energy and consumer non-durables also improved by 7.9 and 5.8 percent

    21%
  5. Apartment prices drop by 2.7 pct in Q2, slowest rate since Q1 2010

    EconomyMacroeconomy

    represents the slowest rate of fall since Q1 2010. Compared to the previous quarter, apartment prices... posted in 2012, while the rate of fall has decelerated since then. At the same time, housing loans have

    21%
  6. Poverty rate jumped by over 40 pct during crisis, more than anywhere in EU
    Photo by Aggeliki Koronaiou/Fosphotos

    Society

    Greece saw its rate of poverty increase by more than 40 percent during the economic crisis, the highest jump in any EU state, according to a new German study that measures poverty... trebled, the relative income poverty rate in Greece increased by 1.3 percent, below Germany’s

    21%
  7. Banks meet NPE targets in Q4, reduction at highest rate since start of crisis
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    rate declined to 1.7 percent, falling below the cure rate of 1.8 percent. Write-offs continue

    21%
  8. Disposable income grows by 6.2 pct in Q3, saving rate turns negative
    Photo by MacroPolis

    EconomyMacroeconomy

    quarters previously, while the household saving rate (defined as gross savings divided by gross... rate of the sector (defined as gross fixed capital formation divided by gross value added) was 17.3

    21%
  9. Disposable income rises by 3.8 pct in Q1, saving rate drops to lowest since 2018 at -9.8 pct
    By Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The household saving rate (defined as gross savings divided by gross disposable income) stood at -9.8... investment rate of the sector (defined as gross fixed capital formation divided by gross value added

    21%
  10. Disposable income rises by 1.7 pct in Q2, but saving rate of -14.2 pct lowest since 2014
    By Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The household saving rate (defined as gross savings divided by gross disposable income) stood..., while the gross investment rate of the sector (defined as gross fixed capital formation divided

    21%