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Apartment prices fall at an accelerating pace of 6.1 pct in Q3
EconomyMacroeconomyGreek apartment prices fell by 6.1 percent in the third quarter (Q3) of 2015, at an accelerating pace compared to the downward revised 5 percent drop recorded in Q2, Bank of Greece (BoG) data showed on Wednesday. The performance in Q3 indicates housing ...
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Retail sales fall at slightly slower pace of 3.9 pct in Oct
EconomyMacroeconomyThe turnover of Greece’s retail trade index continued heading south in October, when it dropped by 3.9 percent from a 5.3 percent decrease in September, Hellenic Statistical Agency (ELSTAT) data showed on December 31. The October headline figure represe...
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Fall in industrial turnover slows to 1.8 pct in December
EconomyMacroeconomyThe drop in Greece’s Turnover Index in Industry markedly slowed to 1.8 percent in December from a revised 10.2 percent drop in November, Hellenic Statistical Authority (ELSTAT) figures displayed on Friday. The December headline figure indicates the four...
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Greek stocks fall 3.1 pct over week, volumes soar on Friday due to FTSE reclassification
EconomyAfter rising in the previous four weeks, the Greek stock market fell 3.1 percent this week. This mostly reflected a drop of 3.3 percent on Friday. The last session was accompanied by a jump in turnover attributed to the country’s reclassification by FTS...
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Travel receipts fall 4.7 pct in Jan but surplus rises to 32.1 mln
EconomyMacroeconomyGreece's travel receipts dropped by 4.7 percent in January after rising by 12.2 pct in December, Bank of Greece (BoG) figures showed on Wednesday. In absolute terms, travel receipts landed at 161.1 million euros in January, while the corresponding payme...
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Trade deficit rises 14.3 pct in Feb as exports fall for 10th month
EconomyMacroeconomyGreece’s trade deficit increased by 14.3 percent in February after declining in the three previous months, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. The marked rise in February reflects an increase in imports by 1.9 percent cou...
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Credit contraction slows to 2.1 pct in March, loan deductions fall to 146 mln
EconomyMacroeconomyGreek bank credit contraction decelerated to 2.1 percent in March after a short-lived acceleration to 2.3 percent in February, Bank of Greece (BoG) figures showed on Wednesday. The net lending flow stayed negative for the third successive month, but alm...
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Greek stocks fall 3.7 pct during week on inconclusive discussions with lenders
EconomyThe Greek stock market shed 3.7 percent this week in the aftermath of the inconclusive discussions of Greek government and the mission chiefs on the first programme review and the postponement of the Eurogroup that was initially due on Thursday. The Fin...
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Apartment prices fall at slightly slower pace of 5 percent in Q1
EconomyMacroeconomyThe drop in Greek apartment prices slightly decelerated for the second straight quarter in Q1, when there was a 5 percent decrease from a revised 5.3 percent in Q4 2015, Bank of Greece (BoG) data showed on Thursday. The headline figure for Q1 means that...
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Retail sales fall by 4.3 pct in March for tenth straight decline
EconomyMacroeconomyThe turnover of Greece’s retail trade index dropped at a slower pace of 4.3 percent in March from an upward revised 7.6 percent in February, Hellenic Statistical Agency (ELSTAT) figures showed on Thursday. The headline figure for March means readings ha...
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