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Building activity resumes downswing falling by 5.7 pct in October
EconomyMacroeconomyGreek building permits fell by 5.7 percent in October after rebounding in the previous three months, Hellenic Statistical Authority (ELSTAT) data revealed on Monday. The absolute figure of permits... in December after soaring by 13.3 points in the previous month.
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Disposable income drops by 2.3 pct in Q3 on sharp rise in taxes
EconomyMacroeconomylanded at 28.86 billion euros in Q3, down by 668 million from the previous year’s figure of 29.53... of 2.8 percent in Q3 from 5.8 percent in the previous quarter. However, the latest figure of 14.24
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Pensions main source of finance for half of households as income falls again
Societyin the previous year. Only 1.5 percent of households manages to save, which tallies with other findings... almost unchanged since the previous report. Many households remained burdened by debt to banks
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Positive deposit flow of 2.8 bln in Dec leads 2016 inflows to 4.2 bln
EconomyMacroeconomyThe Greek market posted notable inflows of 2.8 billion euros in December from a marginal positive flow of 12 million in the previous month, Bank of Greece (BoG) figures revealed on Friday. The marked... in the previous month. On top of private sector inflows, the total figure includes gg and non-euro
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Credit contraction accelerates to 1.5 pct in Dec, net lending flow remains subdued
EconomyMacroeconomyThe rate of credit contraction in the Greek market accelerated to 1.5 percent in December after slowing to 1.3 percent in the previous month, Bank of Greece (BoG) figures displayed on Friday... 198.49 billion in the previous month. Overall, the net lending flow remained negative
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Stocks down 0.4 pct this week after tumbling in wake of Eurogroup
Economysubdued levels in previous weeks. After a weak start with a turnover of just 22 million euros... million in the previous week. Corporate news Titan said that FMR’s stake in the company’s share capital
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New overdue taxes jump by 1.3 bln in Dec, total stock climbs to 54 pct of GDP
EconomyMacroeconomya rise of more than 7,500 in the previous month. The aggregate figure for the whole year showed... on month (MoM) to 81.38 billion euros at the end of 2016. In the previous month, legacy overdue taxes
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Minor fluctuations in deposit and loan interest rates in December
EconomyMacroeconomyin the previous month. However, the consumer loan rate without a fixed maturity (mostly credit cards... banks up by 5 bps to 4.53 percent in December. In the previous month, the average spread had
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Trade deficit increases 4.8 pct in Dec and 4.5 pct in 2016 on rising imports
EconomyMacroeconomyGreece’s trade deficit increased at a faster pace of 4.8 percent in December from 1.2 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. The upswing... billion euros in December. This broadly stable compared to last year and the previous month’s figure
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Unemployment rate stable at 23 pct in November
EconomyMacroeconomyfigure remains the lowest reading since March 2012. Compared to the previous month the number of employed... month at an accelerating pacem climbing to 23.8 percent in November from 22.4 percent in the previous
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