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  1. Sharp drop of 5.3 bln for Greek ELA funding after completion of capital increases

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding fell by 5.98 billion euros in November following a drop by 2.01... is in line with the Eurosystem funding drop over this period. At the same time, ECB funding was also... of fees paid to the state for the collateral guarantees. The drop of ELA funding also led

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  2. Drop in CPI accelerates to 0.7 pct in Jan
    Photo by MacroPolis

    EconomyMacroeconomy

    ) compared to that posted in December (-0.3 percent), which is fully attributed to a drop in goods... in January. The decline in January CPI primarily largely reflects a drop in clothing and footwear... month, January CPI fell 1.9 percent, mostly due to a sharp drop in clothing and footwear prices by 23

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  3. Retail sales down 7.3 pct in Feb for highest drop since July 2015

    EconomyMacroeconomy

    in February from a revised 3.5 percent drop in January, Hellenic Statistical Agency (ELSTAT) figures showed... of 6.6 percent in February from 1.7 percent in January. The bih drop in February retail sales... percent MoM respectively in February, both at an accelerating pace compared to the January drop rates

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  4. HELEX H1 2016 results show continuing drop in profits
    Photo via www.helex.com

    Economy

    , a drop of 19.3 percent. The drivers behind the fall in total consolidated revenue were cited as a drop... to the drop in the prices of the underlying securities and the change in the product mix in the market

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

    EconomyMacroeconomy

    a marginal drop by 0.1 percent in Q1. The breakdown shows that the prices of new apartments (up to 5 years... decrease recorded in 2014. The biggest drop of 11.7 percent over the past seven years has been... prices are projected to further drop by 5 percent in 2016 and by another 1 percent in 2017, according

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  6. Q2 GDP rebounds 0.2 pct QoQ but shrinks 0.9 pct YoY amid consumption drop and investment rise
    Photo by MacroPolis

    EconomyMacroeconomy

    on quarter (QoQ) in the second quarter (Q2) of 2016 after a revised drop of 0.2 percent in Q1, the Hellenic... decelerating from the 0.3 percent drop in Q1. However, compared to the corresponding period last year..., after a drop of 6.6 percent in Q1, and climbing by 7 percent YoY in Q2 from a 2.5 percent decline

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  7. Apartment prices drop 0.6 pct in Q4 and 2.2 pct overall in 2016

    EconomyMacroeconomy

    . The headline figure for Q4 is the slowest drop rate since Q1 2009, when the apartment prices index... of 41.7 percent until the end of 2016. The biggest annual drop was recorded in 2012 (-11.7 percent..., pointed to a drop in housing prices by 5 percent in 2016 and by another 1 percent in 2017.

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  8. Travel receipts drop 2.4 pct in Jan following lower foreign arrivals
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    million, leading travel surplus down by 60.6 percent to 15.3 million. The revenue drop is fully due... to 13.22 billion euros. This is entirely attributed to a drop in the average spending per trip by 11.3... receipts in 2016 also reflect a drop in the average residence time from 10.7 to 7.8 days and last

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  9. Marginal drop in time deposit rate, sharp decline in corporate lending rates in Feb
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    average rate of 0.43 percent. The slight drop in the time deposit rate led the weighted average rate... The floating interest rate in new corporate loans recorded a sharp drop of 72 bps, mostly reflecting... loans down by 34 bps to 4.52 percent, which indicates a record low since 2002. Overall, the marked drop

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  10. E-commerce businesses report drop in sales due to Covid-19
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    prompted a sharp drop in online sales according to a new survey. The Greek E-commerce Association (GRECA... a drop in sales, the fall came to over 80 percent compared to the period before the epidemic. Sixty seven percent reported a drop in demand, 64 percent said they were having liquidity or financing

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