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  1. Sales season pushes November retail volume to growth for the first time since March 2010

    Economy

    , which posted a higher drop of 2.9 percent compared to October (-2 percent) and December (-1.7 percent... in the 9-month period. Furthermore, increased tax obligations led to deposit outflows of 2 billion

    7%

  2. Electricity drives rare rise in Greek industrial production index

    EconomyMacroeconomy

    single-digit figure, 2 and 2.8 percent respectively in 2013. Among the various business sectors... and equipment exhibited a modest rise (2 – 2.5 percent).

    7%

  3. Greek credit contracts by 4 pct in Jan, NPLs rise to 31.2 pct in Sept

    EconomyMacroeconomy

    showing positive growth (0.9 percent) with marginal deductions of just 2 million in January. The BoG... percentage points in the second quarter. All loan segments showed an increase of 1.8 to 2 percentage

    7%

  4. Apartment prices see 22nd straight quarter of decline: Down 7.3 pct in Q2
    en_GB Photo by Harry van Versendaal

    EconomyMacroeconomy

    the electricity bills) in autumn 2011, which raised revenues of 2 billion per annum. Effective from July..., incorporated in last Greek banks’ stress tests assumptions, foresee a 6.2 percent decline in 2014 and 2

    7%

  5. S&P upgrades Greece one notch to B, sees growth in 2015

    Economy

    ’ on August 2 and of Fitch by one notch to ‘B’ on May 23. Moody’s rating stands two notches lower than... of 2 percent of GDP in the next three years, which is less than half the 4.5 percent target

    7%

  6. IMF lowers medium-term forecasts for Greek debt, 2014 financing needs

    Economy

    and by a further 2 pp in 2015. The IMF expects the current account (C/A) balance to remain positive albeit... forecasts stand up to 2 pp lower than in April, at 152 percent in 2017 and 135.3 percent in 2019. On gg

    7%

  7. Deflation rises again in Greece: CPI down by 0.8 pct in September

    EconomyMacroeconomy

    and services, only 2 posted an increase in prices, namely health (up 3.8 percent) and alcoholic beverages... (down 2.4 percent). A more moderate drop in prices was displayed in recreation and culture (-2

    7%

  8. Newsletter 9 - 30/12/2014

    Newsletters

    of 5 percent to 2 percent for 10 years. This looks more like a debt reprofiling, with lower... percent, respectively, over the next five years. 2 Voting for brinkmanship The real economy needs

    7%

  9. Greek primary surplus shrinks by 1.7 bln in Dec as revenues miss 2014 target by 3.1 bln

    Economy

    by 15.4 percent in December ending the year up 2 percent to 20.46 billion, 932 million short of target.... The PIB showed a deficit of 1.48 billion in December on seasonal expenditure of 2 billion, while

    7%

  10. New Democracy and PASOK ponder next moves after election defeat

    PoliticsGreek Politics

    Sunday’s results came in (he pointed out that the party lost just under 2 percentage points compared... that a narrow defeat of 2 to 3 percentage points would be manageable for Samaras. However, SYRIZA’s

    7%