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Time deposit rate falls to record low of 0.71 pct, loan rate drops to 4.83 pct
EconomyMacroeconomyin the time deposit rate led the weighted average rate on all new deposits down by 2 bps to 0.35... loan rates led the weighted average rate on new loans down by 18 bps to 4.83 percent in November after
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Greece’s M&A market stagnates during recession
EconomyFeatures, 29 M&A deals worth 1.4 billion euros were completed, down 39 percent compared to 2014. This amount.... The average deal size stood at 47 million euros, down 30 percent from 2014. The report also noted
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Newsletter 102 - 13/01/2017
with him was that Athens is prepared to back down a little in order to facilitate an agreement... of Greece (BoG) figures showed non-performing exposures (NPEs) edged down by almost 1 percent to 106
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Current account deficit of 1.2 bln in Nov turns 11-month balance negative
EconomyMacroeconomyGreece’s current account (C/A) deficit edged down to 1.19 billion euros in November 2016 from 1.17 billion a year ago, Bank of Greece (BoG) figures showed on Friday. The modest deterioration reflects... surplus down by 48.7 percent to 51.8 million. The expansion in the primary income surplus mostly
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Tax revenue overperformance leads budget primary surplus to 4.44 bln in 2016
EconomyMacroeconomybillion better than target. Revenues Revenues (before tax refunds) edged down 1.5 percent in December... less than 500 million in the previous two months, with the full year figure edging down 1.8 percent
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Disposable income drops by 2.3 pct in Q3 on sharp rise in taxes
EconomyMacroeconomylanded at 28.86 billion euros in Q3, down by 668 million from the previous year’s figure of 29.53... down public servants and pensioners’ income, also including the abolition of Christmas, Easter
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Retail sales rise at an accelerating pace of 1.8 pct in Nov
EconomyMacroeconomyit is hovering close to mid-2002 level in the past few months. The SA volume index edged down 0.2 percent MoM... as it was dragged down by a sharp rise in unemployment, a notable increase in personal and property taxes
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Economic sentiment stays stable at 95.1 in Jan, consumer confidence dives 3.4 pts
EconomyMacroeconomyindicator edged down 0.1 points to -3.2 in January after a nosedive of 6.6 points recorded in December...). On the flipside, two indicators are down in the past 12 months, namely construction confidence (-7.8 points
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Minor fluctuations in deposit and loan interest rates in December
EconomyMacroeconomyGreek households’ new time deposit rate edged down by 1 basis point (bp) to 0.70 percent in December after a higher drop by 5 bps in November, Bank of Greece (BoG) data displayed on Thursday... households and corporates led the weighted average rate on all new deposits down by 3 bps to 0.32 percent
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Space and time the missing elements in Greek bailout talks
Agoraof kicking the can down the road was available. The problem now is that everyone is running out... to bring the overall load, as well as Greece’s gross funding needs back down to manageable levels. Again
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