Search
-
Apartment prices fall by 1.5 pct in Q3 for slowest drop since 2009
EconomyMacroeconomythat prices in new apartments (up to 5 years old) dropped at a sharper pace of 1 percent quarter on quarter (QoQ) and 2.2 percent year on year (YoY) vis-à-vis the decline of 0.4 percent QoQ and 1 percent... in the past few quarters, the apartment prices index now records a decline of 5.1 percent (from 5
10% -
Minor fluctuations in deposit and loan interest rates in December
EconomyMacroeconomyGreek households’ new time deposit rate edged down by 1 basis point (bp) to 0.70 percent in December after a higher drop by 5 bps in November, Bank of Greece (BoG) data displayed on Thursday... and 1 million euros increased by 22 bps to 5.06 percent, while that for lower amounts dropped by 14
10% -
NBG reports net loss of 163 mln in 2017, bad loans continue to fall
EconomyBankingdue to a seasonal increase of 5 percent in operating expenses. On an annual basis, PPI increased by 4... million in corporate loans and -5 million in consumer loans. These decreases offset a positive NPE... related fees. As mentioned, operating expenses rose by 5 percent QoQ in Q4. For the year, the figure
10% -
Common ground absent after latest round of Cyprus discussions
PoliticsForeign Policyof the island's 1960 independence, plus the UN. The new 5+1 meeting ended with no result and with the two... of the summer to hold another informal 5+1 meeting. Many already believe that a “make or break” conclusion..., and any solution should clarify issues related to autonomy in the decision-making process. The 5+1
10% -
Polls continue pointing to SYRIZA victory as new post-election scenarios emerge
PoliticsGreek Politics. Three surveys published over the weekend put SYRIZA between 3 and 5 percentage points ahead of New... (@MacroPolis_gr) January 16, 2015 Kapa Research for @tovimagr SYRIZA 31.2 ND 28.1 Potami 5.4 PASOK 5 KKE 4.9...) January 18, 2015 Public Issue for @AvgiOnline SYRIZA 35.5 ND 30.5 Potami 7 KKE 7 G Dawn 6.5 PASOK 5 Ind
10% -
EU officials see Greek deal close, broad debt talks to follow
PoliticsGreek Politics-level agreement by the December 5 Eurogroup but that several key issues (mainly labour reforms... for a “spirit of compromise” in the coming days but admitted that the December 5 Eurogroup “may... that there are differences between the IMF and European lenders on what fiscal targets Greece should be set after
10% -
Multi-bill on way as Athens aims to complete third review by Jan 22
EconomyProgramme, which is likely to be more than 5 billion euros, and to officially bring the third review to a close. The European Stability Mechanism (ESM) is set to transfer the next loan instalment when its board meets in February. The conclusion of the third review will act as a trigger for the next set
10% -
Greek 2013 primary surplus confirmed at 1.5 bln euros
Economydebt, 1 billion to reduce state arrears and 500 million would be given as a “social dividend... the reduction of social security contributions by 3.9 percentage points (2.9 for employers and 1 for employees), which will be effective from July 1. The MoF insisted on Wednesday that it could still meet
10% -
Where is Odysseus? Part 6 - Potential real GDP
Agoraon the macroeconomy of Greece.[1] In blog 16, we updated Greece’s demographic projections and found.... These calculations are reflected in Figure 1 below. The vertical line marks the current year 2022.... This baseline assumes that Greece still sees a recovery in labor productivity to 1 percent a year
10% -
Banks' trading updates show slight improvement in core pre-provision income, deceleration in NPL formation
Economyitems excluding loan provisions and profits. The bank said the full set of Q2 results... at the end of September. We set out below the key trends visible in the results presented by the two... income by 1 percent QoQ to 597 million. After a drop in Q1, expenses headed north in Q2 increasing by 1
10%