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Time deposit rate falls to record low of 0.71 pct, loan rate drops to 4.83 pct
EconomyMacroeconomya recent peak at 5.01 percent in the previous month. The decline in the average loan rate more than
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December retail sales seen down 2.5 pct amid tax onrush
EconomyMacroeconomyin the previous two months. On the flipside, the retail trade confidence indicator rose by 0.2 points
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Car sales fall by 19.8 pct in Dec but rebound for fourth successive year in 2016
EconomyMacroeconomyRoad motor vehicles (going into circulation for the first time) fell considerably by 19.8 percent in December following a rise of 18.4 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. The December headline figure is the first negative reading since June
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Payment cards up by 3 pct but value of transactions drops by 7 pct in H1 2016
EconomyBankingFollowing the notable rise of 11.3 percent in the second half of 2015, the total number of payment cards in the Greek market rose by 3 percent in the first half of 2016 compared to the previous 6-month period and stood at 14.6 million at the end of June, the Bank of Greece said in its second semi
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Schaeuble presents Athens with stark reality of programme without IMF
PoliticsGreek Politicsto the electoral law. Last year, Parliament approved a change of the previous system to one of proportional
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Credit standards and demand for corporate and household loans remain unchanged in Q4
EconomyMacroeconomyCredit standards for both corporate and household loans remained stable quarter on quarter (QoQ) in the fourth quarter (Q4) of 2016, in line with previous estimates, Bank of Greece (BoG) bank lending survey (BLS) displayed on Tuesday. The survey largely includes data of the four systemic banks
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HRADF signs share purchase agreement with Ferrovie for sale of TRAINOSE
EconomyMacroeconomy, mostly reflecting the previous years’ cumulative losses of 870.66 million, while its short-term
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Primary cash surplus of 1.95 bln in 2016 including arrears’ repayment of 3.85 bln
EconomyMacroeconomyGreece’s central government primary cash surplus fell to 1.95 billion in 2016 from 3.49 billion in the previous year, Bank of Greece (BoG) figures displayed on Tuesday. It should be pointed out, though, that 2016 figure includes arrears’ repayment of 3.85 billion from zero last year, of which 470
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Higher number of firms and employees, increased average wage in private sector in 2016
EconomyMacroeconomythe previous year at 53.6 percent in 2016, while the respective rate for females stood at 46.4 percent
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Current account deficit of 1.2 bln in Nov turns 11-month balance negative
EconomyMacroeconomyto 6.53 billion in November, from 6.74 billion in the previous month and grew by 1.29 billion from
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