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  1. Greece’s dramatic year reflected in ATHEX 2015 results
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Economy

    the year, the extended bank holiday and capital controls which contributed to a 23.6 percent drop in the Athens Exchange General Index, a 39.4 percent drop in trading by value, and a 36.9 percent drop

    4%

  2. Current account deficit narrows by 45 pct to 804.3 mln in Feb

    EconomyMacroeconomy

    that the drop in the goods’ deficit is attributed to a higher decrease in imports (-7.8 percent) compared... to 133.7 million largely due to a double-digit drop in non-residents’ arrivals by 14.9 percent...-residents’ arrivals by 11 percent. However, the higher drop in the corresponding payments resulted

    4%

  3. Corporate lending rates fell in March, time deposit rate slightly down to a new low of 0.88 pct

    EconomyMacroeconomy

    in March was a sharp drop by 90 bps in loans for amounts over 1 million euros to 3.93 percent from.... The changes in the various lending segments led to a notable drop of 26 bps in the weighted average rate on new loans to a new low of 4.65 percent. Overall, the marked drop in lending rates

    4%

  4. Building activity falls by 11.5 pct in March for third straight decline
    Photo by MacroPolis

    EconomyMacroeconomy

    to the drop of 12.2 percent recorded in February, Hellenic Statistical Authority (ELSTAT) figures showed... percent drop in permits, while the corresponding surface and volume fell by 20.1 and 13.1 percent... to a further drop of 5 percent in 2016 and 1 percent in 2017. In addition, housing loan balances have

    4%

  5. Building activity decreases at slower pace of 5.3 pct in April

    EconomyMacroeconomy

    Greek building permits fell by 5.3 percent in April after an 11.5 percent drop in March, Hellenic... surface and volume posted higher drop rates of 17.9 and 16.3 percent respectively. Building permits..., which are indirectly linked to building activity, have posted a cumulative drop of 41.6 percent

    4%

  6. Decline in retail sales accelerates to 8 pct in May
    Photo by MacroPolis

    EconomyMacroeconomy

    a revised 4.4 percent drop in April, according to data released by ELSTAT on Friday. The volume index recorded a drop of 6.4 percent compared to the same period last year, from 2 percent... behind the 16.7 percent drop in automotive fuels. Compared to April, the seasonally adjusted turnover

    4%

  7. Greece's harsh social reality

    Agora

    in 2008, there has been a significant drop during the crisis. By 2014 the figure had fallen to 92,148... point to below 10 percent. The drop in spending across all categories has been precipitous since 2008, ranging from 13.7 percent on food to circa 51% sharp drop in expenditure on clothes and footwear

    4%

  8. Draft budget sees primary surplus at 1.8 pct of GDP in 2017, revenue interventions of 2.5 bln

    EconomyMacroeconomy

    will contract 0.3 percent in 2016, in line with the European Commission forecast, due to a drop in private... rate of 5.9 percent to 26.27 billion in 2017. Primary expenditure is projected to drop 2.7 percent... to 318.67 billion, but the debt ratio is projected to drop to 174.8 percent due to the rise

    4%

  9. Disposable income drops by 2.3 pct in Q3 on sharp rise in taxes
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ) of 2016, when it decreased by 2.3 percent compared to a slight drop of 0.3 percent recorded in Q2... billion euros in Q3 still entails a sharp drop of 32.6 percent or 6.89 billion below that in Q3 2010... soared 19 percent to 3.23 billion in Q3 after a short-lived drop by 1.1 percent in Q2. Since 2009

    4%

  10. Current account deficit widens to 933 mln in December, 2016 balance turns to deficit of 1.1 bln
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    to a significant drop in the services surplus by 1.61 billion and to a lesser extent a worsening in the primary... to that of exports. The marked drop in the services’ balance largely reflects a significant decrease... bonds and T-Bills, which more than offset a drop in their foreign equity holdings

    4%