Search
-
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
5% -
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
5% -
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.
5% -
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
5% -
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
5% -
Greek CPI falls at slower pace of 0.7 pct in July
EconomyMacroeconomyThe drop in the Consumer Price Index (CPI) decelerated for the second straight month to 0.7 percent...). The July reading indicates the slowest drop in the CPI so far in 2014 and since July 2013. Greece has been... in the harmonized CPI, which slipped 0.8 percent year on year and 1 percent month on month. The year on year drop
5% -
Greek GDP drops by less than expected 0.2 pct in Q2, signalling recession exit near
EconomyMacroeconomythe estimates for a -0.4 percent drop. The first quarter was revised downwards to -1.1 percent from -0.9.... The largest drop in second quarter economic activity was recorded in 2011 with a decline of 8 percent, followed by a drop of 7.4 percent in 2012 and 4 percent last year. The Greek economy plummeted
5% -
Industrial production drops 2.1 pct in July but rate of decline slows
EconomyMacroeconomyThe rate of drop in the Greek Industrial Production Index (IPI) slowed to 2.1 percent in July after... production recorded a double-digit drop (-12.2 percent), while water supply production slipped 1.1... the sharpest drop (-33.2 percent) in July, following a series of strong positive performances
5% -
Building activity falls 10.7 pct in June after brief rise in May
EconomyMacroeconomyat an accelerating pace of 17.9 and 39.9 percent respectively. The year on year drop in June building permits... the highest drop at 27.8 and 27.1 percent respectively. In contrast, permits in South Aegean and Crete soared... 7.3 percent in Q2, while the cumulative drop stands at 36.3 percent from the peak posted in Q3 2008
5% -
Greek primary budget surplus to August narrows to 1.95 bln on lower revenues
Economyin July. This is mainly attributed to a month on month (MoM) drop in revenues to 3.51 billion, broadly... billion. The rate of drop in revenues (excluding tax refunds) accelerated to 19 percent in August... by 0.6 percent in August. However, the 8-month figure points to a 5.1 percent drop to 27 billion
5%