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Indices for turnover, new orders in industry post big falls in November
Economysignals for the Greek economy when coupled with the high single-digit drop in new orders The decline... respectively), while consumer non-durables showed a modest drop (down 2.8 percent). A broadly similar pattern was also evident in the New Orders, where domestic market posted a double-digit drop (down 14.6
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Another dive for compensation in Q3 drags disposable income, consumption down
EconomyMacroeconomy(ELSTAT). The latest data indicates a slightly decelerating decline compared to the second quarter drop... in a cumulative drop of 35.2 percent in compensation. This corresponds to circa 7.5 billion wiped out from... years’ tax obligations, the third quarter figure related to tax on income and wealth shows a 4.1 drop
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Greek banks' Eurosystem funding falls for third straight month, at lowest since Feb 2010
EconomyMacroeconomylevel since February 2010. The significant drop in March primarily reflects a decline of the Emergency... drop in March, the aggregate amount of Eurosystem funding shows a reduction of 50 percent (60.5... of 2013 with a positive impact on banks’ NII in the last three quarters of 2013. The sharp drop of ELA
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Retail index fell by 2.2 pct in Feb but trend improving
EconomyMacroeconomyby pharmaceutical products and cosmetics where the drop stood at 6.2 and 10.7 percent respectively... cumulative drop stands at 27 percent over the past five years dragged by a narrowing of the disposable... February 2014 reaching its highest level since February 2010. After a cumulative drop of 28 percent
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Imports soar by 7 pct in March as exports rise for first time since Sept
Economy, the 12-month trailing index points to a 3.3 and 2.2 percent drop in imports and exports respectively... drop recorded in the preceding two months. ELSTAT is due to release March commercial transactions... resulting in an 11-percent drop in trade deficit.
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Eurobank records net loss of 207.4 mln in Q1
EconomyBanking) by 9 percent quarter on quarter (QoQ), a drop in impairment losses by 26 percent and eliminating... front, operating income posted a 4.7 percent drop QoQ to 461 million, mainly driven by a 4.9... in Q4. Following a drop by 26 percent QoQ in impairment losses to 479 million, the cost of risk (loan
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Greek economy contracts 0.9 pct in Q1, slowest pace since Q1 2010
EconomyMacroeconomy-digit drop for the first time since Q1 2010. Official forecasts foresee a 5.3 percent rise in 2014 after a 12.8 percent drop last year. Taking into account Q1 performance, this specific target seems..., while its cumulative drop since 2008 stands at 23.5 percent. The latter was driven by a nosedive
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Exports continued their decline, down by 8.3 pct in May
Economyin May, following a steeper drop of 20.8 percent posted in April, according to the flash estimates... a modest drop of 0.9 percent. Excluding the impact of oil products, imports posted a higher rise of 7.6..., reflecting a drop in imports and exports by 1.6 and 7.8 percent respectively.
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Here's why IOBE think tank sees Greek economy growing 0.7 pct this year
Economyconsumption by 1.8 percent in 2014. The drop in public consumption is anticipated to decelerate... percent drop in imports. Export growth is entirely driven by services on the back of stronger... or marginally drop in 2014. For the economy to achieve high growth rates, IOBE suggests that lending
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Greeks living in smaller, older, poorer quality homes during crisis, BoG study shows
Societydrop of 3.6 percent. In terms of the number of rooms per person, Greece has the lowest ranking at 1.2... showed a drop of its share from 12.8 percent in 2008 to 8.4 percent in 2012. In contrast, the lowest... for non-Greek migrants exiting the country was the drop in the construction activity since more than half
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