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Increase in number of services that saw their turnover decrease in Q2
EconomyMacroeconomyThe evolution of turnover indices for the services sector showed a worsening performance in Q2 2014, with 10 out of the 14 types of services, or specific activities of services as they are referred to, posting a negative growth, according to the Helleni...
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Almost all services in Greece saw decline in Q3
EconomyMacroeconomyThe evolution of the turnover indices for the services sector showed a further worsening in the third quarter (Q3) of 2014 with 12 out of the 14 service activities recording a drop, according to the Hellenic Statistical Authority (ELSTAT). In the preced...
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Office prices and rents saw substantial fall in H1 2014
EconomyThe Bank of Greece (BoG) published on Monday for the first time its commercial property price and rent indices. The released data concerns office and retail price and rent levels of prime investment property and cover the period from the first half (H1)...
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Greek households saw net financial wealth plummet by 37.5 pct during crisis
EconomyMacroeconomyΤhe impact on Greek households’ financial wealth and liabilities during the crisis years is examined in a study included in the latest statistical bulletin published by Bank of Greece on Wednesday. The study showed that the net financial wealth of Greek...
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Banks saw asset quality and liquidity trends improve in Q4 but process interrupted in 2017
AgoraGreek banks concluded the release of their fourth quarter (Q4) results last week, which showed an improved financial and asset quality performance overall. Almost all the core banks recorded a positive bottom-line result for Q4 and turned profitable for...
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Newsletter 85 - 05/08/2016
(Rubicon) anarchist group, which recently threw paint at the Turkish Embassy, publishing Foreign Ministry documents and claiming that the embassy should be blown up. Police also discovered this week that someone fired at least one bullet at a building in central Athens that houses the Mexican Embassy
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US-China port spat gives Athens taste of diplomatic challenges ahead
PoliticsGreek PoliticsThe Chinese embassy in Athens has issued a pointed rebuke to comments by the US ambassador about... media post from its official account, the Chinese embassy in Greece took issue with remarks made by the US’s new ambassador to Athens Kimberly Guilfoyle in a TV interview. The embassy’s representative
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Reopening of 10-year bond secures record low yield of 1.5 pct
EconomyGreece’s Public Debt Management Agency (PDMA) published the details of the country’s fourth syndicated transaction for 2019 which came in the form of the reopening of the 10-year bond maturing in March 2029 that was issued earlier this year. Greece’s debt managers managed to achieve a reoffer yield
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Athens waits for credit rating upgrade as 10-year yield drops to new low
Economy2029 that was issued earlier this year. Greece’s debt managers managed to achieve a reoffer yield
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Greek 15-year bond attracts strong interest, improves debt profile
Economyin July 2034 and a coupon of 4.75 percent. The price settled at 99.534 percent and the reoffer yield
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