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Building activity suffers larger drop of 30.9 pct in November
EconomyMacroeconomypercent, while surface and volume recorded a slower drop, -16.4 and -10.3 percent respectively. According to the regional breakdown, the highest drop in November was posted in West Macedonia (down 51.2... to 16,400 in 2013 from 65,500 in 2008, almost three times the GDP drop in this period. Unlike other
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Drop in Greek CPI decelerates again to 2.1 pct in March
EconomyMacroeconomyThe drop in the Greek consumer price index (CPI) decelerated for the second straight month to 2.1... to the rate posted in February, when it had recorded a sharp drop from the January figure of 2.8...). It is noteworthy that none of the twelve main groups and services showed any MoM drop in prices in March
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Greek C/A deficit shrinks by 17 pct in April as imports drop faster than exports
EconomyMacroeconomypercent respectively. In absolute numbers though, the drop in imports was higher than that in exports... of a double digit rise in receipts (+16.3 percent) and drop in the corresponding payments (-12.3 percent.... From the other key C/A components, the sharp drop in the primary income surplus is attributed
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EC expects Greek GDP to drop by 9.7 pct for biggest fall in EU, before strong rebound in 2021
Economy, the Commission expects the economy to be hit badly by the pandemic, leading to a severe drop of 9.7 pct... pct in 2020 and to rebound by 17.9 pct in 2021. Imports will drop by 18 pct this year and grow.... Private consumption is forecast to drop by 9 pct in 2020 and recover by 7.9 pct in 2021. Government
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Alpha Bank reports H1 profits of 267.4 mln on one-off item
EconomyBankingbut fell 2.1 percent year on year (YoY) in H1, mainly due to a drop in personnel cost by 8.8 percent... two figures for Greek banks’ potential capital shortfalls: One under the static model and one under the dynamic model, which will incorporate the restructuring plans approved by the DG Comp in July
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Eurobank reports net loss of 301.1 mln in Q2
EconomyBankingNII fell QoQ on continued deleveraging in conjunction with a 10 bps drop in lending spread. Net... the static model and the dynamic model (based on the restructuring plan approved by the EU DG Comp) could
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BoG stresses more work needed on NPE reduction, pushes bad bank idea
EconomyBankingof 7.1 billion. The 7.6-bln-euro drop during the first quarter of 2020 was mostly driven by Eurobank... be an opportunity to change the country’s economic model and transform the business model of credit
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Newsletter 475 - 12/09/2025
model, demographic resilience, technological upgrading and a “Patriotic Contribution” on top incomes... ahead This policy duel encapsulates a deeper clash over Greece’s growth model: Tsipras’s centre-left... pct, though certain goods recorded significant rises, offset by the sharp drop in the price of oil
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Newsletter 111 - 17/03/2017
that Brussels favours Greece being “within the framework of the European social model” when it comes... areas recorded a drop in Q4, with the most notable deterioration in information service (-29.6 percent..., the number of tax debtors edged up by 26,623 in January, after a short-lived drop by around 165,800
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Newsletter 59 - 22/01/2016
ceiling than the one contained in the government’s initial proposal. At the same time, farmers... months of surpluses. The year on year (YoY) drop of 18.6 percent reflects a narrowing of the goods... a decrease in imports by 9.2 percent, with exports recording a double-digit drop of 11.3 percent
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