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  1. Greek stocks down by 8.9 pct over week amid concerns of slow review

    Economy

    Greek shares slumped 8.9 percent this week largely on lack of progress in negotiations with the institutions and concerns the conclusion of the review could be delayed until April. Meanwhile, the negative performance of European - and particularly Itali...

    8%

  2. Unemployment down slightly to 24.6 pct in November
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted unemployment rate eased to 24.6 percent in November from an upward revised 24.7 percent in October, the Hellenic Statistical Authority (ELSTAT) labour force survey showed on Thursday. The November headline figure, along with...

    8%

  3. Apartment prices down by 5.4 pct in Q4 and 5.1 pct over whole of 2015

    EconomyMacroeconomy

    Greek apartment prices decreased by 5.4 percent in the fourth quarter (Q4) of 2015, at a slightly decelerating pace compared to the revised 5.8 percent drop in Q3, Bank of Greece (BoG) data displayed on Monday. The headline figure for Q4 represents the ...

    8%

  4. Eurosystem funding down by 1.4 bln in Jan due to lower reliance on ECB funding

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding fell for the seventh successive month, albeit at a slower pace, in January, when it declined by 1.42 billion following a drop of 5.89 billion in December, the Bank of Greece's (BoG) monthly financial statement displayed o...

    8%

  5. Car sales down 17 percent in February

    EconomyMacroeconomy

    After rising in the preceding three months, the number of road motor vehicles going into circulation for the first time fell by 17 percent in February, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. February’s was just the the third neg...

    8%

  6. Building activity advances 5.1 pct in Dec, down 0.9 pct in 2015
    Photo by MacroPolis

    EconomyMacroeconomy

    Greek building permits grew for the second straight month in December, when they rose by 5.1 percent from 7.2 percent in November, Hellenic Statistical Authority (ELSTAT) figures showed on Friday. The respective building surface and volume soared 25.9 a...

    8%

  7. Retail sales down by 3.8 pct in Jan for eighth straight fall
    Photo by MacroPolis

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index continued heading south for the eighth straight month in January, when it dropped at an accelerating pace of 3.8 percent after a marginal fall of 0.2 percent in December, Hellenic Statistical Agency (ELSTAT) f...

    8%

  8. Building activity down 18.8 pct in January, permits hit new low

    EconomyMacroeconomy

    Greek building permits fell by 18.8 percent in January after rising by 5.1 percent in December, Hellenic Statistical Authority (ELSTAT) figures showed on Tuesday. Building surface and volume dropped by 14.8 and 5.2 percent respectively in January. In ab...

    8%

  9. Retail sales down 7.3 pct in Feb for highest drop since July 2015

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index fell at the notably faster pace of 7.3 percent in February from a revised 3.5 percent drop in January, Hellenic Statistical Agency (ELSTAT) figures showed on Thursday. The February headline figure represents t...

    8%

  10. Corporate lending rates fell in March, time deposit rate slightly down to a new low of 0.88 pct

    EconomyMacroeconomy

    Greek households’ new time deposit rate eased for the third straight month, albeit modestly, by 3 basis points (bps) to 0.88 percent in March, Bank of Greece (BoG) data displayed on Wednesday. The headline figure indicates a new low for time deposit rat...

    8%