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Credit standards and demand for corporate and household loans remain unchanged in Q4
EconomyMacroeconomyCredit standards for both corporate and household loans remained stable quarter on quarter (QoQ) in the fourth quarter (Q4) of 2016, in line with previous estimates, Bank of Greece (BoG) bank lending survey (BLS) displayed on Tuesday. The survey largely includes data of the four systemic banks
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Industrial turnover rebounds 2 pct in November
EconomyMacroeconomyGreece’s Turnover Index in Industry rebounded by 2 percent in November after an upward revised drop of 2.9 percent in October, Hellenic Statistical Authority (ELSTAT) data displayed on Thursday. The November headline figure indicates the third positive reading in the last four months. However
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Higher number of firms and employees, increased average wage in private sector in 2016
EconomyMacroeconomyThe Labour Ministry published on Thursday the annual figures of its information system (Ergani) providing detailed figures on companies and workers with employment governed by private law for 2016. The information was gathered by data fed by firms electronically into Ergani. The report revealed
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Travel receipts drop 13.8 pct in Nov, 11-month figure down 6.6 pct
EconomyMacroeconomybillion. The most recent data published by the Association of Greek Tourism Enterprises (SETE) showed
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An unfounded argument leaves Greece in limbo
Agora, outlined the significant progress in the current programme and went as far as presenting data
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Disposable income drops by 2.3 pct in Q3 on sharp rise in taxes
EconomyMacroeconomyGreek household disposable income fell for the eighth successive quarter in the third quarter (Q3) of 2016, when it decreased by 2.3 percent compared to a slight drop of 0.3 percent recorded in Q2, Hellenic Statistical Authority (ELSTAT) data revealed on Wednesday. Specifically, disposable income
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Pensions main source of finance for half of households as income falls again
Societythe possibilities of overcoming the stagnation trap”. The data, the report continues, reflects in the most “vivid
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Retail sales rise at an accelerating pace of 1.8 pct in Nov
EconomyMacroeconomyThe turnover of Greece’s retail trade index increased at the higher pace of 1.8 percent in November, from an upward revised 1.4 percent growth in October, Hellenic Statistical Agency (ELSTAT) data displayed on Monday. The November headline figure is the third straight positive reading
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New overdue taxes jump by 1.3 bln in Dec, total stock climbs to 54 pct of GDP
EconomyMacroeconomyGreece’s new tax debt exceeded the 1-billion mark in December as it climbed to 1.28 billion euros after a smaller increase of 890 million in November, General Secretariat of Public Revenues (GSPR) data revealed on Monday. The figures showed that VAT and the single property tax (ENFIA) created
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Minor fluctuations in deposit and loan interest rates in December
EconomyMacroeconomyGreek 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. The December rate indicates a new record low since 2002, when Greece entered into the eurozone
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