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Time deposit rate falls to record low of 0.71 pct, loan rate drops to 4.83 pct
EconomyMacroeconomyGreek households’ new time deposit rate declined for the third successive month in November, when t fell by 5 basis points (bps) to 0.71 percent from 0.76 percent in October, Bank of Greece (BoG... almost stable at 14.48 percent. The housing loan rate retreated by 7 bps to 2.62 percent, while
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Economic sentiment and consumer confidence rebound by more than 2 pts in Dec
EconomyMacroeconomybusiness indicators improved by 5 up to 15 points. In particular, the highest increase was recorded... sentiment (+7 points) and construction (+5.1 points). On the flipside, the only business indicator
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Newsletter 102 - 13/01/2017
(ELIME) said that, although the number of cruise passengers increased by 5 percent to 5.2 million... by 2.3 percent in November, following a higher rise of 7 percent in the previous month, according
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Stocks fall for fourth straight week amid lack of progress in talks with lenders
Economythe last four weeks. The best performance this week was posted by Viohalco (+5 percent), METKA (+4.5... included Hellenic Exchanges (-7 percent), Eurobank (-6.4 percent) and Piraeus Bank (-5.1 percent
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Retail sales down by 1.3 pct in Dec for first drop since Aug
EconomyMacroeconomymonth. The drop in December sales mostly reflects a decline in department stores (-7 percent), food...) and clothing and footwear (-3.4 percent). In contrast, retail sales not in store increased by 5 percent
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Newsletter 109 - 03/03/2017
in December retail sales mainly reflects a drop in department stores (-7 percent), food, beverages... and footwear (-3.4 percent). On the flipside, retail sale not in store increased by 5 percent, while automotive
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Multiple potential benefits await Greece if it can clinch QE eligibility
EconomyFeaturesbillion euros. It will increase to almost 4.2 billion between mid-July and April 2018 and to more than 5... of the 10-year GGB yields from the level of around 7 percent in mid-January. This would mainly stem from
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Greece and lenders trap themselves over labour reforms
Agora7. However, at least a path to a compromise is visible as far as the fiscal issue is concerned... (currently at 5 percent of the work force per month) and the scrapping of the need for pre-approval from
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What Dijsselbloem didn't say
Agoralenders at the December 5 gathering of eurozone finance ministers, ultimately falling short. We should... found Greece, Ireland, Spain, Portugal and Italy with a collective current account deficit of almost 7
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Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock
EconomyBankingreturning to normal levels. Costs were also down by 4 percent year-on-year (YoY) reflecting a 5... increased by 2 billion QoQ to 8 billion in March, at a cost of -7 bps. The bank said it participated
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