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  1. Apartment prices drop 0.6 pct in Q4 and 2.2 pct overall in 2016

    EconomyMacroeconomy

    fell for the first time. Compared to the previous quarter, apartment prices edged up 0.6 percent in Q4... years old) decreased at a faster pace of 0.9 percent from the previous year, while older houses’ prices dropped by 0.4 percent. However, the comparison with the previous quarter revealed the prices

    3%

  2. Greek banks stepped up write-offs in 2016, provisions increased at slowest pace since 2008
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    Greek banks stepped up the number of write-offs in 2016 compared to the previous years, the Bank... billion euros in 2016, up by more than 1 billion from the 2015 figure of 1.46 billion. The previous... in the previous year. At the end of 2016, cumulative provisions stood at 46.22 billion corresponding to almost

    3%

  3. Building activity down 1.4 pct in November
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    corresponds to a disproportionally high positive or negative change compared to the previous year’s... from the previous quarter for the second time in 2016. Since the peak posted in Q3 2008, apartment... gains of 23.1 points in the previous two months.

    3%

  4. Economic sentiment and consumer confidence deteriorate in Feb
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    in the previous month, the European Commission (EC) figures revealed on Monday. The ESI landed at 92.9... 0.1 points, after improving in the previous two months and stood at -5.1 in February. On the flipside... points posted in the previous two months and stood at 1.9 in February. Over the last 12 months

    3%

  5. Industrial production increases by 7.2 pct in January
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    ) data showed on Friday. Following revisions for the previous months, the headline figure for January... percent from the previous month and stood at 97.39 in January, which is the highest reading since..., the European Commission’s industry confidence indicator edged down 0.1, after improving in the previous

    3%

  6. Budget primary surplus outperforms in 2-month, tax revenues underperform in Feb
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in the previous month, and stood at 4.27 billion, beating the target by 174 million. In January, the revenue... in February to 2.92 billion, 808 million below target. In the previous month, primary expenditure... in February, from just 180 million in the previous month, as February is burdened by the highest interest

    3%

  7. Piraeus Bank posts minor losses in Q4, almost breaking even for 2016
    Photo by MacroPolis

    EconomyBanking

    in the previous quarter. For the whole year, the bank reported an almost break-even bottom-line result... billion in Q3. The NPL ratio decreased to 37.5 percent from 38.8 percent in the previous quarter.... The Common Equity Tier 1 (Tier1) ratio fell to 17 percent in Q4 from 17.6 percent in the previous quarter

    3%

  8. Banks saw asset quality and liquidity trends improve in Q4 but process interrupted in 2017

    Agora

    the previous quarter. In addition, loan deleveraging continued in Q4, while deposits improved. However, all... in Q4, which climbed to -1 billion euros in Q4 from -90 to -100 million in the previous two quarters... to continue in 2017, albeit at a slightly slower pace compared to that recorded in the previous years

    3%

  9. Newsletter 114 - 07/04/2017

    Newsletters

    points posted in the previous month, according to a Markit survey. The March headline figure... at a sharper pace compared to the previous month, in the wake of political and economic uncertainty... Authority (ELSTAT) labour force survey showed. The comparison with the previous month revealed

    3%

  10. CPI rises at a faster pace of 1.7 pct in March
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    to 1.3 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Monday... and in motor cars by 5.1 percent. The comparison with the previous month showed CPI rose by 1.8 percent largely... the previous month, while all other goods’ and services’ groups stayed almost stable month on month

    3%