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  1. 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%

  2. 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%

  3. 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%

  4. 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%

  5. 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%

  6. Building activity nosedived for the fourth straight year, down 27.6 pct in 2013
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    activity and ongoing recession is on apartment prices, which fell 10.3 percent in 2013 following

    8%

  7. Another big drop for building activity, which fell by 35.3 pct in January
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    and demand has led apartment prices down 10.3 percent in 2013 after falling 11.7 percent in 2012

    8%

  8. First positive reading for building activity in 6 months after 1.2 pct rise in May
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    economy and society. Apartment prices dropped 7.3 percent in Q2 2014, while the cumulative nosedive

    8%

  9. Building activity continues to crumble, falling by 20.7 pct in Feb

    EconomyMacroeconomy

    . Another side effect of shrinking building activity and credit demand is the decline in apartment

    8%

  10. Greek building activity drop decelerates to 16 pct in March

    EconomyMacroeconomy

    for the continued drop in apartment prices. The respective BoG index shows a cumulative decline of 34.7

    8%