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  1. Building activity suffers larger drop of 30.9 pct in November

    EconomyMacroeconomy

    percent, 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

    31%

  2. Drop in Greek CPI decelerates again to 2.1 pct in March

    EconomyMacroeconomy

    The 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

    31%

  3. Greek C/A deficit shrinks by 17 pct in April as imports drop faster than exports
    Photo by MacroPolis

    EconomyMacroeconomy

    percent 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

    31%

  4. EC expects Greek GDP to drop by 9.7 pct for biggest fall in EU, before strong rebound in 2021
    Photo by MacroPolis

    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

    31%

  5. Alpha Bank reports H1 profits of 267.4 mln on one-off item
    Photo by MacroPolis

    EconomyBanking

    but 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

    30%

  6. Eurobank reports net loss of 301.1 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    NII 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

    30%

  7. BoG stresses more work needed on NPE reduction, pushes bad bank idea
    Photo via http://www.delphiforum.gr/

    EconomyBanking

    of 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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  8. Newsletter 475 - 12/09/2025

    Newsletters

    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

    30%

  9. Newsletter 111 - 17/03/2017

    Newsletters

    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

    30%

  10. Fall in industrial production speeds up in October with 5.2 pct drop

    EconomyMacroeconomy

    The Industrial Production Index (IPI) took on a faster downward trend in October with a drop of 5.2... digit drop. Note also that the IPI had only four positive year-on-year (YoY) readings since April... a moderate increase of 0.8 percent. The year to date drop stems from a decline in all industrial areas

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