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Building activity's upward course halts in May with 19.6 pct YoY drop
EconomyMacroeconomya significant drop to 7.6 points, from 15.6 points previously. The index is currently up by 14 points...The strong start to the year for building activity halted in May, with a sharp drop of 19.6 percent... of Western Macedonia with a rise of 5.7 percent. The biggest drop was recorded in Central Greece
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Building activity remains in contraction for June with 1.7 pct YoY drop
EconomyMacroeconomyBuilding activity remained in contraction in June, with a moderate drop of 1.7 percent year-on-year (YoY), after a sharp drop of 19.6 percent in May, according to the data released by the Hellenic... dropped by 3.5 percent. On a regional basis, the picture was mostly negative, with the biggest drop
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Greek GDP up 0.7 pct in Q3 for third straight quarter of growth
EconomyMacroeconomyshowing an increase of 0.7 percent YoY. Nevertheless, the drop of 4 and 3.9 percent YoY in the preceding...) indicated that the largest drop in the third quarter economic activity was posted in 2010 (-7.5 percent), followed by a drop of 6.7 percent in 2011 and 6.3 percent in 2012. The detailed breakdown
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Newsletter 254 -19/06/2020
. The speculation about a sprinkling of changes to his government line-up comes as New Democracy is feeling...” transformation. Government officials believe that the present model of government has been successful...) to outline his government’s strategy for Greek industry, Mitsotakis noted that industry makes up
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Retail sales up 3.9 pct in April for first positive YoY reading since 2010
EconomyMacroeconomyvolume also increased by 7.3 percent YoY from a revised drop of 1.2 percent posted in March. The rise.... The MoM improvement reflects soaring sales in clothing and footwear (up 50.7 percent), department stores (up 37.9 percent) and retail sales not in stores (up 25 percent). The only sector that exhibited
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Retail's downward slide continued with 8.9 pct sales drop in August
Economy(ELSTAT). A broadly similar drop of 7.8 percent was also evident in retail volumes. The decline in 2013 continues unabated following an average annual drop of 11.0 and 7.2 percent in 2012 and 2011... and exhibiting a double digit decline up to 31 percent. On the contrary, for several sectors like automotive
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Rate of drop in building activity increases to 19.9 pct in August
EconomyMacroeconomyare expected to drop by 6 percent overall in 2014, while market sources indicate a decline up to 7 percent... percent after an 8 percent drop in July, according to the Hellenic Statistical Authority (ELSTAT... regions. Thessaly and Attica posted the highest drop, at 33.4 and 29 percent respectively. In contrast
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Marked drop of 50 bps in new time deposit rate in July amid capital controls
EconomyMacroeconomytime deposit rate recorded a marked drop by 50 basis points (bps) to 1.31 percent in July, according... above 250,000 and below 1 million euros. 2) Significant drop by 58 bps to 3.94 percent for amounts..., the weighted average rate on new loans decreased by 3 bps in July, after a drop by 23 bps in June
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July trade deficit lands at 715 mln as imports post biggest drop on record
EconomyMacroeconomyGreece’s trade deficit plummeted by 63.1 percent in July from a drop of 14.1 percent in June... fell at a slower pace by 8 percent. The rate of drop in trade deficit is the biggest since 2005... by 26.7 and 36.7 percent respectively. Following the sharp drop in July, the aggregate figures
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Credit contraction slows to 1.5 pct in Sept on marked drop in corporate loan deductions
EconomyMacroeconomyin September after a marginal drop of 0.2 percent in August. The outstanding balance slipped... percent in September, at an accelerating trend from the drop rate of 0.6 percent recorded n August... billion euros. Monthly loan deductions slipped to 32 million with the 9-month figure edging up to 587
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