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  1. Greek credit contracts by 3.1 pct in December

    EconomyMacroeconomy

    in the course of 2014. Monthly net deductions slightly increased to 234 million from 171 million... that the average monthly figure for net deductions stood at 560 million for 2014. The negative credit flow in December mainly stems from net deductions in the corporate and household sectors of 155 and 117

    9%

  2. Greek credit falls by 2.9 pct in Jan as lending balances reach 214 bln

    EconomyMacroeconomy

    , shipping balances (mostly denominated is US dollar) rose by 811 million MoM, although net additions... million, despite net deductions of 311 million, as 10 percent of mortgages are denominated in Swiss franc, which sharply appreciated against euro. Monthly net deductions fell below the 100-million mark

    9%

  3. Current account in surplus for 2nd straight month in June but down 20 pct on 2014
    Photo by MacroPolis

    EconomyMacroeconomy

    that net payments for purchases of ships declined almost fully offsetting a rise in the net oil... to lower net receipts from transport and other services. In contrast, the travel surplus slightly... half primarily reflects lower net payments for purchases of ships and – to a lower extent – lower net

    9%

  4. Declared income falls 28.7 pct from 2011 to 2014, salaries and pensions suffer most

    Economy

    A total number of 8.52 million individuals declared annual net income of 73.93 billion euros...-earners and pensioners consistently make up more than three quarters of total declared net income... the last three years. Net income from other activities fell by 21.4 percent since 2011 and landed

    9%

  5. Greek stocks advance 2.6 pct for second straight week on improved investor sentiment

    Economy

    on Thursday with a large number of firms posting their quarterly results this week. Mytilineos net.... METKA Q4 net profit surged 68.5 percent to 38.4 million mainly driven by its sub-Saharan operations... Corporation (PPC) recorded net loss of 102.5 million in 2015 from profit of 91 million last year largely

    9%

  6. Credit contraction slightly accelerates to 1 pct in May on deductions of 395 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    0.9 percent in the previous month, Bank of Greece (BoG) figures showed on Wednesday. The net lending flow turned negative for the first time since February with net deductions standing at 395 million... January, when net deductions reached 885 million. The negative flow in May reflects net deductions

    9%

  7. Seven in 10 Greeks raiding savings to pay bills, two in 10 have no deposits

    Society

    their financial problems. Apartment prices fell by 9.3 percent in Q3 of this year and the number of sales

    8%

  8. Building activity in Greece fell by nearly 40 pct in year to September

    EconomyMacroeconomy

    building activity has also taken its toll on apartment prices, which fell 9.2 percent in Q3

    8%

  9. Building activity posts first rise in 20 months but overall picture grim

    EconomyMacroeconomy

    building activity have affected apartment prices, which fell 9.2 percent in Q3 with the number and value

    8%

  10. Building activity up by 36.2 pct in Nov as rebound continues

    EconomyMacroeconomy

    . The shrinking building activity coupled with the ongoing recession have also a negative impact on apartment

    8%