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  1. Time deposit rate falls to record low of 0.71 pct, loan rate drops to 4.83 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    the rate in loans to sole proprietors slipped by 3 bps to 7.36 percent. Overall, the drop in corporate

    2%

  2. December retail sales seen down 2.5 pct amid tax onrush
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    2009 figure of 6.43 billion, largely attributed to a sharp drop in household disposable income

    2%

  3. Trade deficit rises by 1.2 pct in November
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit edged up by 1.2 percent in November, after a double-digit drop of 16.1 percent in October, Hellenic Statistical Authority (ELSTAT) data displayed on Monday. The upward movement reflects an increase in both imports and exports by 2.9 and 4.2 percent respectively. Exports rose

    2%

  4. Early tourism estimates point to increased airline pre-bookings and lower cruise passengers in 2017
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . SETE chairman Andreas Andreadis recently said that lower tourism revenues are attributed to a drop

    2%

  5. Payment cards up by 3 pct but value of transactions drops by 7 pct in H1 2016

    EconomyBanking

    cards posted a slightly lower drop of 5 percent to 121 euros, largely due to the restrained financial

    2%

  6. Decisive week for Greek programme begins with proposal from Athens
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    and will accelerate a drop in unemployment, Tsakalotos noted.

    2%

  7. ESM and EFSF approve short-term debt relief measures for Greece
    Photo by MacroPolis

    EconomyProgramme

    2060, while gross financing needs are foreseen to drop by almost 5 pp over the same period. Speaking

    2%

  8. Positive deposit flow of 2.8 bln in Dec leads 2016 inflows to 4.2 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Assistance (ELA) funding by 1.37 billion, while ECB funding posted a smaller drop by 500 million

    2%

  9. Credit contraction accelerates to 1.5 pct in Dec, net lending flow remains subdued
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    from 44.2 percent in December 2015, mainly attributed to a drop in performing loans by 3.2 percent

    2%

  10. Newsletter 105 - 03/02/2017

    Newsletters

    on Thursday. In addition, a sharper drop in overnight interest rates led the weighted average rate on all

    2%