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  1. Greek credit contracts by 2.4 pct in April for slowest drop since 2011
    Photo by MacroPolis

    EconomyMacroeconomy

    October 2011. The monthly flow remained negative for the second straight month with net deductions easing... fell at a decelerating pace by 2 percent to 101.73 billion. Net deductions slipped to 261 million..., the year to date net flow shows net additions of 198 million. The contraction of loans to sole proprietors

    3%

  2. Greek stocks slip 0.4 pct during week

    Economy

    Piraeus reported net loss of 37 million in the first quarter (Q1), while core pre-provision income (PPI) improved by 14 percent quarter on quarter (QoQ) on the back of net interest income (NII) rebound and cost containment. In contrast, NBG posted net profit of 81 million in Q1 with core PPI rising by 21

    3%

  3. Credit contraction decelerates to 1.9 pct in April, loan deductions drop to 117 mln

    EconomyMacroeconomy

    from 2.1 percent in March, Bank of Greece (BoG) figures showed on Tuesday. Net deductions eased to 117 million in April, from 146 million in March, reflecting corporate net additions of 118 million more than offset by household net deductions of 189 million. Since the beginning of the year, the net

    3%

  4. Current account deficit widens to 412 mln in May
    Photo by MacroPolis

    EconomyMacroeconomy

    percent and total exports 4.5 percent. The decline in the services’ surplus mainly results from lower net... coupled with lower net payments for purchases of ships mainly due to capital controls. The marked drop in the services’ surplus largely reflects a nosedive in net transport receipts, also attributed

    3%

  5. Greek stocks climb 3 pct on week, banks post double-digit gains
    Photo via www.helex.com

    Economy

    from 22 million in the previous week. Corporate news Alpha Bank posted net losses of 16.8 million... reported a positive bottom-line result for the second straight quarter with net profits at 46.2... this extraordinary item, the bank posted net losses of 26 million in Q2 from profits of 26 million in Q1. Core

    3%

  6. Current account deficit widens to 933 mln in December, 2016 balance turns to deficit of 1.1 bln
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    imports rose by 4 percent. The rise in the services’ surplus is largely due to higher net other services receipts, while net transport and travel receipts increased at a slower pace. Specifically, travel.... The worsening of the primary income account balance is mostly due to lower net receipts from taxes

    3%

  7. Newsletter 125 -30/06/2017

    Newsletters

    million in the five-month period. Credit contraction accelerates in May The net lending flow turns... of Greece figures. The net lending flow turned negative for the first time since February with net... is the highest negative reading since January, when net deductions reached 885 million. The negative flow

    3%

  8. Credit contraction continues in July with 1.2 pct decline
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    further to 189.18 billion euros. Moreover, the net lending flow showed net deductions of 435 million euros from 203 million in the previous month. The negative flow in July reflects net deductions of 163... billion euros while credit to insurance corporations had monthly net increases of 266 million to nearly 7

    3%

  9. Credit contraction eases to 0.9 pct in August

    EconomyMacroeconomy

    further to 187.36 billion euros from 189.2 billion in July. Moreover, the net lending flow showed net deductions of 312.7 million euros from 456.1 million in the previous month. The negative flow in August comes as a result of net deductions of 150.4 and 134.1 million in the household and corporate

    3%

  10. A snapshot of the Greek economy

    Agora

    and the monthly net flow was negative at 1.530 million, compared with a positive net flow of 1.743... 10.4 percent in the previous month and the monthly net flow was negative at 1.788 million, compared with a positive net flow of 4.752 million in December 2018. The monthly net flow of credit

    3%