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Credit contraction decelerates to 1.9 pct in April, loan deductions drop to 117 mln
EconomyMacroeconomyGreek bank credit contraction slowed down for the second straight month to 1.9 percent in April from 2.1 percent in March, Bank of Greece (BoG) figures showed on Tuesday. Net deductions eased to 117... with cumulative net deductions of 38 billion leading balances down 21.6 percent over the end-2010 figure
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Greek stocks rebound 1.9 pct during week
Economydecision. They rebounded by 3.7 percent on Friday. Overall, they ended marginally down (-0.4 percent... week. Corporate news OPAP posted first quarter (Q1) net profit of 43 million, down 26 percent
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Coalition and New Democracy at odds over anti-government protests
PoliticsGreek Politics, drew an immediate response from New Democracy, which demanded that Fylis step down. It is not the first... that the government stands down. The stance taken by the two sides is reminiscent of the rallies last summer
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Current account deficit narrows to 822 mln in April
EconomyMacroeconomyas travel receipts fell by 7 percent to 443.3 million with non-residents’ arrivals down by 3.5 percent... by 5.3 percent, leading the 4-month travel surplus down by 5.1 percent to 370.1 million. BoG also said
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Russia and China prove hot topics in Tsipras-Obama talks at NATO Summit
PoliticsForeign Policyleader’s “position was quickly slapped down by US President Barack Obama.” In Warsaw, Tsipras also... to play down the significance of the incident. In fact, government officials note
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Newsletter 83 - 22/07/2016
Financial Stability Fund (HFSF), he decided to step down to facilitate the entrance of new figures... 600 million. The growing surplus stems from below-target primary expenditure. Turnover index down
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Current account deficit widens to 412 mln in May
EconomyMacroeconomy, while non-residents’ arrivals edged down by 1.3 percent. BoG noted that the soaring primary income.... Reserve assets edged down month on month to 6.68 billion euros in May from 6.78 billion in April
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Travel receipts drop at an accelerating pace of 10.4 pct in May despite growth in arrivals
EconomyMacroeconomymillion leading the travel surplus down by 11.3 percent to 915.9 million. The downward trend... the corresponding payments edged up by 1.7 percent to 805.9 million. This led the travel surplus down
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Budget primary surplus confirmed at 2.5 bln in H1 2016, tax revenues soar in June
EconomyMacroeconomy78.1 percent in June leading the 6-month figure at 5.53 billion, down 5.6 percent from last year... million, down by 17 percent from last year, but outperformed the target by 241 million.
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Trade deficit falls by 3.1 pct in June
EconomyMacroeconomyretreated by 14.6 percent. Imports from both regions posted broadly similar trends, down by 4.5 and 6.1.... In addition, imports from EU countries edged down by 0.2 percent, while those from non-EU countries fell
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