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Greek market jitters evident as investors dump shares and bonds
EconomyThe Greek stock market remained deep in the red for the third straight session on Wednesday, tumbling by 9.24 percent. Wednesday’s performance follows a sharp drop of more than 3 percent in each of the preceding two days, bringing the weekly losses so far to 15.4 percent. Although the domestic
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Greek deposits down 4.2 bln in Dec for highest outflows since June 2012
EconomyMacroeconomyGreek private sector deposits fell for the third straight month in December, when they declined by 2.4 percent month on month (MoM). Balances reached 160.29 billion euros, according to the Bank of Greece (BoG). The MoM drop is the highest since June 2012 and reflects extended outflows of 4.2
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Greek credit contracts by 3.1 pct in December
EconomyMacroeconomyconsecutive month and landed at 212.04 billion at the end of December implying a drop by almost 6 billion
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Greek stocks recover some losses after turbulent start to week
EconomyFollowing the sharp drop of 9.24 percent on Wednesday, the Greek stock market rebounded 3.16 percent on Thursday but only partially mitigated this week's losses, which still stand at -12.7 percent. Wednesday night's statements by the newly appointed deputy Prime Minister Yiannis Dragasakis seem
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Commission sees political uncertainty hurting recovery, growth reaching 2.5 pct in 2015
Economythe sharp drop in oil prices and improving household disposable income. In addition, euro depreciation
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Newsletter 14 - 06/02/2015
of Greece. For the whole year the time deposit rate recorded a drop of 100 bps on the end-2013
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Greek trade deficit widens by 26.9 pct in December
EconomyMacroeconomyand a similar drop in exports (down 1.4 percent) to 27.18 billion. Note though that excluding oil
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Greek deposits nosedive by 12.8 bln in Jan as balances reach lowest point since Aug 2005
EconomyMacroeconomyto BoG records. The MoM drop reflects extended outflows of 12.79 billion euros in January from 4.2
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Greek credit falls by 2.9 pct in Jan as lending balances reach 214 bln
EconomyMacroeconomywith the January figure at 328 million, the highest reading since June 2012. As a result, the rate of drop
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Greek manufacturing PMI virtually unchanged in Feb as uncertainty bites
EconomyMacroeconomywas the fastest since October 2013, mainly due to a further loss of new orders. The latest drop
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