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Retail sales fall at slightly slower pace of 3.9 pct in Oct
EconomyMacroeconomydrop and the seventh negative reading in the course of 2015. The downward trend in October retail sales is largely attributed to a double-digit drop in automotive fuel (-17.9 percent) and in retail... (-41.4 percent). On the other side of the spectrum, the lowest drop was evident in automotive fuel
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Industrial turnover drops 10.1 pct in November, for thirteenth straight fall
EconomyMacroeconomya revised 18.8 percent drop in October, Hellenic Statistical Authority (ELSTAT) figures showed...-digit decline. The marked drop in November mostly reflects a similar decrease in manufacturing turnover... a fraction of the overall index. The industrial turnover in the domestic market showed a drop of 8.2
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Investment: The forgotten casualty of the Greek crisis
Agora. The scale and degree of acceleration in the drop of investments during the crisis is apparent when compared... investment spending. Other construction also had a significant drop of 30 percent since its 2003 peak... casualty with a drop of 71 percent since the 2007 high, with just 3.4 billion spent. Its share
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Trade deficit drops 5.1 pct in January, exports down 8.1 pct
EconomyMacroeconomydecline in January reflects a drop in exports and imports by 8.3 and 7 percent respectively. For exports... percent drop posted in December. Similarly, imports decreased for the ninth successive month, yet the January rate was slightly lower than the 7.9 percent drop recorded in December. In absolute terms
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Current account deficit jumps to 742 mln in January
EconomyMacroeconomyin the C/A balance by 461 million euros year on year (YoY) largely reflects a sharp drop...’ deficit mostly stems from a higher drop in imports (-14.3 percent) compared to that of exports (-9.4... to 161.1 million euros on the back of a 7.8 percent drop in non-residents’ arrivals by 9.3 percent
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Greece’s dramatic year reflected in ATHEX 2015 results
Economythe 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
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Current account deficit narrows by 45 pct to 804.3 mln in Feb
EconomyMacroeconomythat 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
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Corporate lending rates fell in March, time deposit rate slightly down to a new low of 0.88 pct
EconomyMacroeconomyin 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
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Building activity falls by 11.5 pct in March for third straight decline
EconomyMacroeconomyto 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
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Building activity decreases at slower pace of 5.3 pct in April
EconomyMacroeconomyGreek 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
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