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Credit down by 3.2 pct in Oct for lowest contraction since Dec 2011
EconomyMacroeconomyis the highest reading this year. In September net deductions stood at 196 million. The rate of decline... remained flat MoM for the third consecutive month at 213 million. After a deceleration in September..., the anticipated recovery of the domestic economy next year and the active management of NPLs
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Stronger rise of 4.1 pct for Greek industrial turnover in October
EconomyMacroeconomydurables fell by 5.7 and 2.3 percent respectively. Intermediate goods’ turnover stayed flat, while... - which separates growth from contraction - for the fourth successive month ending the year... in the sector seen at the start of the year has stalled in recent months, weighed by weakening sales both
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Unemployment rate at 25.7 pct in Jan, lowest since Aug 2012
EconomyMacroeconomyin the preceding three months. The year on year (YoY) change displayed a slower growth in the number... remained flat YoY at 23.3 percent. The next two age groups (45-54 and 55-64 years old) displayed a YoY
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Greek stock market up by 3.5 pct over week amid hope of bailout deal
Economy, which reflects an overall flat, albeit volatile, performance in the post-election period. However... exceeding the 100-million mark only on Tuesday. The year to date average turnover stands at much higher... profit eased to 4.1 million from 4.8 million last year. The 15.3 percent drop in bottom-line results
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Trade deficit shrinks by 14.1 pct in June as fall in imports outpaces export decline
EconomyMacroeconomyfor the first time since January, while were broadly flat in May (-0.04 percent) and positive in April... indicate the third respective highest reading in the first half of the year. Excluding the impact of oil... declined by 27.9 percent. The aggregate figures for the first half of the year displayed the trade
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The men who would be prime ministers
Agoratheir four-year terms. The last time a Greek administration stayed in power for its full term was in 1989, the year that the Berlin Wall fell. Since then, there have been 12 general elections... the line and take Greece out of the adjustment programme. Despite seeing Papandreou and Samaras fall flat
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Travel receipts rebound 8.2 pct in March, but surplus drops 3.6 pct
EconomyMacroeconomytravel surplus by 3.6 percent to 62.1 million from 64.4 million a year ago. The change in travel... almost flat (-0.1 percent) at 515.4 million, while the corresponding payments eased 2.6 percent... million last year. The stable performance in travel receipts reflects a drop in non-residents arrivals
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Justice can't be blind to facts in 2009 deficit case
Agorawas at 23 billion euros, almost twice the projected amount for the entire year. The 2009 deficit closed... deficit. At the same time, Greece entered the first year of its long recession, with GDP contracting... euros in 2000 to 113 billion euros in 2009, while revenues remained relatively flat. That the Greek
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Retail sales rebound by 7.1 pct in July for first time in thirteen months
EconomyMacroeconomydrop of 7.2 percent in the corresponding period last year. The breakdown showed turnover in almost all store categories improved from last year with the most notable increases in clothing and footwear... stayed flat, while that in retail sale not in stores and automotive fuel displayed the lowest rises
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Trade deficit rises 11.6 pct in Aug on slight increase in imports and stable exports
EconomyMacroeconomyreached 1.2 billion, which is the lowest reading so far this year. The breakdown revealed mixed... period) and amounted to 12.16 billion. The year-to-date performance is fully attributed to a decline in exports by 6.3 percent to 16.18 billion, while imports stayed flat at 28.34 billion. In specific
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