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Car sales soar 24.5 pct in April
EconomyMacroeconomyprogramme review. Passenger cars soared at a slightly higher rate of 25.2 percent to 12,360 in April, making
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Majority of Greeks believe refugees cannot ‘integrate’
Societynot believe refugees could integrate, compared to 27 percent who felt they could. The rate of those who felt
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Q1 GDP contracts 0.4 pct QoQ and 1.3 pct YoY, broadly in line with estimates
EconomyMacroeconomyfrom a drop of 0.8 percent posted in Q4 2015. The rate of decline in Q1 is the second highest
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Nine in 10 Greeks under 30 feel marginalised due to crisis
Society-lowest rate (6 percent) of those who have studied, trained or worked in another EU country, a one
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Industrial turnover drops 12.7 pct in March, energy plummets 27 pct
EconomyMacroeconomy. In addition, the turnover for both the eurozone and non-eurozone countries declined at double-digit rate
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New rules on sale of NPLs come into play after approval of omnibus bill
EconomyProgramme, including the interest rate, is not permitted. The loan management may be conducted by companies based
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Piraeus reports net loss of 37 mln in Q1, records negative NPL formation for first time since 2008
EconomyBankingat a similar rate to 37.9 billion. As a result, loan to deposit ratio eased to 129 percent in Q1 from 130
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NPL resolution in Italy and Greece
Agora. Thus, NPLs accounted for 56.8 percent of Greece’s annual GDP this past year, a rate unsurpassed
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Q1 GDP contracts 0.5 pct QoQ and 1.4 pct YoY, slightly worse than flash estimates
EconomyMacroeconomyin the jobless rate, a series of cuts in wages and pensions and higher income and property taxation
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Credit contraction decelerates to 1.9 pct in April, loan deductions drop to 117 mln
EconomyMacroeconomycredit (-27.8 percent) and corporate lending (-22.3 percent), while the drop rate in housing loans
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