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Newsletter 294 - 23/04/2021
in February was led by a 18 percent drop in the mining and quarrying index The reading is the 13th straight... Authority. The decline in February was led by a 18 percent drop in the mining and quarrying index.... Reducing the tax advance and tax rates will cost the budget 900 million this year and will drop
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Greek deposit rate almost stable, loan rate slightly up in May
EconomyMacroeconomyto address their significant liquidity problems. After a series of M&A transactions that led... the respective rate in comparable countries like Spain, Portugal and Italy. The marginal drop in the time deposit rate led the weighted average rate on new deposits down by 2 bps to 1.10 percent
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Industrial turnover drops by 2.4 pct in February
EconomyMacroeconomywhile manufacturing fell by 1.2 percent. In the non-domestic market, the drop in turnover was led... fell to 7.9 percent. The monthly movements in mining were led by the sharp drop of 61 percent in coal... of positive readings. The monthly performance was led by a 2.6 percent decrease in the manufacturing index
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Newsletter 268 -09/10/2020
commentators stressed the role that the ND-led coalition had played in 2013 in launching criminal... adverse scenario in the same estimates of the Stability Programme of 2020. Following the sharp drop... to drop by circa 10 pct on an annual basis in the third quarter, and just short of 8 pct in the last
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Newsletter 451 - 14/02/2025
in manufacturing, partially offset by a drop of 4.3 pct in mining. The manufacturing index was led... of the fourth round, along with the left-wing populists of Course for Freedom, led by former SYRIZA MP... support for Course of Freedom, the far left populist party led by Zoe Konstantopoulou
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Greek deposit and loan rates slide in September
EconomyMacroeconomyin September, according to the Bank of Greece (BoG). This was the lowest month on month drop since... a sharper drop in excess of 200 bps. The deviation between the rate of contraction of time deposit... deposit rate led the average rate on new deposits slightly lower by 2 bps to 1.32 percent in September
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Surprise 0.1 pct QoQ rise in Q4 GDP on investment rebound, 2015 recession at 0.3 pct
EconomyMacroeconomyQoQ decline posted in Q3. In addition, Q4 GDP fell 1.2 percent YoY, less than half the drop of 2.6... with a higher drop in imports compared to that of exports, which almost halved the trade deficit... consumption eased 0.1 percent QoQ in Q4, decelerating from the 1.1 percent QoQ drop in Q3, and 0.9 percent
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Newsletter 118 - 12/05/2017
in its winter forecast released on February 13. The drop is attributed to the negative carry-over.... The combined impact of those changes led the weighted average rate on new loans down for the second... and economic necessity has led to the judgements being ignored. The Council of Audit’s decision
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PBO highlights pandemic impact on economy, sees 2020 recession of 8.5 to 9.4 pct
EconomyMacroeconomyinitially thought. PBO notes that the economic deterioration in the second quarter was led by a drop... despite that being partially offset by lower imports. The drop in investment was led by a sharp... activity between April and June. The PBO notes that the annual drop of 15.2 pct that ELSTAT
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Newsletter 274 -20/11/2020
. In the non-domestic market, the drop in turnover was led by a decline of 13.7 percent in manufacturing... in Covid-related drop for EU arrivals Greece managed to clear on Wednesday the fourth post-programme... turnover drops by 10.7 pct in Sept Headline figure driven largely by drop in petroleum products Greece
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