Search
-
Piraeus Bank posts net profits of 31 mln in Q3, records improved asset quality trends
EconomyBankingto the Single Supervisory Mechanism (SSM) of the ECB that relate to parent data. Specifically, Piraeus
2% -
Newsletter 96 - 18/11/2016
in August, from an exceptionally strong increase of 35.4 percent in July, according to ELSTAT data
2% -
Industrial turnover rises at accelerating pace of 9.4 pct in Sept
EconomyMacroeconomyGreece’s Turnover Index in Industry increased at a sharper pace of 9.4 percent in September, after an upward revised growth of 2.1 percent in August, Hellenic Statistical Authority (ELSTAT) data displayed on Friday. The headline figure is the highest reading since June 2014. It also reflects a low
2% -
Apartment prices fall by 1.5 pct in Q3 for slowest drop since 2009
EconomyMacroeconomyApartment prices in Greece fell at a slower pace of 1.5 percent in the third quarter (Q3) of 2016, following a revised drop of 2.6 percent in Q2, Bank of Greece (BoG) data showed on Monday. The headline figure for Q3 is the lowest decline since 2009, when the apartment prices index fell
2% -
Time deposit rate edges down to 0.76 pct, loan rate spikes to 5 percent
EconomyMacroeconomyGreek households’ new time deposit rate dropped for the second straight month, albeit at a slower pace, by 3 basis points (bps) to 0.76 percent in October, after a decline by 8 bps in September, Bank of Greece (BoG) data displayed on Friday. The headline figure for October indicates a new record
2% -
What the agreement between Greece and lenders means for fiscal and tax policy
EconomyProgrammecountries to provide data on assets owned by Greek citizens, establishing a wealth registry
2% -
What Greece’s draft agreement with lenders foresees on labour and pension reforms
EconomyProgramme. In addition, all insured persons and related data will be merged into EFKA by the end of the year, while
2% -
Trade deficit drops at an accelerating pace of 16.1 pct in October
EconomyMacroeconomyGreece’s trade deficit fell for the second straight month by 16.1 percent in October, after a drop of 12.1 percent in September, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. The downswing reflects a rise in exports by 4.8 percent coupled with a decline in imports by 5.3 percent
2% -
Car sales keep their rising trend, up 18.4 pct in November
EconomyMacroeconomyRoad motor vehicles (going into circulation for the first time) rose at a slightly slower pace by 18.4 percent in November, after an increase of 20 percent in October, Hellenic Statistical Authority (ELSTAT) data displayed on Thursday. The November growth rate indicates the fifth straight
2% -
New overdue taxes climb by 1.4 bln in October, total stock reaches 93.9 bln
EconomyMacroeconomyGreece’s new tax debt increased by 1.4 billion in October after a broadly similar rise of 1.35 billion in September, the General Secretariat of Public Revenues (GSPR) data revealed on Thursday evening. It is highlighted that new overdue taxes stand above the 1.3-billion mark for the third straight
2%