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C/A deficit to April narrows by 34.7 pct boosted by services
EconomyMacroeconomymillion is mainly due to an improvement of the transport services balance on lower transportation... from lower net interest payments. In addition, the widening of the current transfers surplus (by 485
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Greek PMI falls to 49.4 in June, lowest since November 2013
EconomyMacroeconomy. In contrast, continued competitive pressures led output prices lower. Nevertheless, the rate of decline... the crucial 50.0 mark in June, dragged lower in part by slower growth in output. A slight fall
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Loan and deposit rates edge down in May but remain above euro area average
EconomyMacroeconomypercentage points for loan amounts above 250,000 euros and by 2 percentage points for lower amounts... and spread at lower levels. This trend may be mitigated by a revival of credit expansion and banks
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Value of HFSF's shareholdings in core Greek banks sinks to 18.5 bln
EconomyBankingin a slightly lower share at 66.93 percent. The outcome of the warrants’ exercise remains rather poor so far... far with HFSF proceeds at 302 million. For Piraeus, the figures are significantly lower at just 0.7
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As imports rise, Greek C/A balance flips back to deficit in May
EconomyMacroeconomy) and lower income deficit (by 19.2 percent or 245 million). In contrast, the trade deficit widened... million to 1.03 billion) is owed to lower net interest payments. The improvement in the current
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Greek trade deficit rises by 7.4 pct in June but rate of increase slows
EconomyMacroeconomy, which was slightly lower than that in May (1.72 billion). The movement in June reflects an increase.... Excluding oil products, the 6-month exports posted a lower decline at 4 percent, while imports posted
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Greek banks' Eurosystem funding declines by another 53 mln in August
EconomyMacroeconomyby 28.45 billion YtD, 39 percent lower than the year-end 2013 figure of 73.02 billion. According... percent). Excluding EFSF bonds, their net ECB exposure to total assets is lower by 4-5 percentage
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Greek central government primary cash surplus to August at 2.3 bln
EconomyMacroeconomyis lower by 665 million. Cash expenditure declined 15.3 percent to 32.9 billion euros. Adjusting... figure of 1.83 billion euros, which stands 120 million lower than the 1.95 billion posted
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Greek time deposit rates fall further in August
EconomyMacroeconomyof lower deposit and loan rates led the average spread up for the second straight month, by 5 bps... spread was similar to that of new volumes settling 5 bps lower to 3.82 percent. However, the evolution
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Wealth in Greece plunged by 170 bln since 2007, report finds
Societyhalf of Greece’s population, and below that of Portugal (0.76 trillion), which also has lower... compared to its GDP, however those debts were a lot lower before austerity measures were implemented. JB
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