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  1. Greek Q4 GDP QoQ drop revised to 0.4 pct, 2014 growth at 0.7 pct

    EconomyMacroeconomy

    on quarter (QoQ) in Q4 after an increase by up to 0.7 percent in the preceding three quarters, according... in the last nineteenth quarters (since Q1 2010). The largest drop in the quarterly economic.... During the crisis years, the biggest nosedive (-8.3 percent) was posted in 2011, followed by a drop

    27%
  2. General govt primary cash surplus improves to 6.4 bln by Nov, arrears drop to 5.6 bln

    EconomyMacroeconomy

    at a slower pace of 595 million to 17.94 billion. This solid performance was mitigated by a drop... expenditure, followed by compensation at 14.34 billion making up around 21 percent of the total figure... the previous month, which is the sharpest drop in 2016. The outstanding amount landed at 5.6

    27%
  3. Public debt records first marginal drop, to 394 bln, in Q2 as IMF repaid and bond activity limited
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s central government debt recorded a small drop of roughly 365 million euros in the second... a drop of roughly 2.5 billion euros in loans related to the financial assistance to Greece, as Greece repaid fully the outstanding balance to the IMF in early May. Other debt movements include a drop

    27%
  4. Drop in industrial turnover accelerates in June, falling by 17.2 pct YoY

    EconomyMacroeconomy

    Statistical Authority (ELSTAT) on Friday. This is the third successive annual drop, something not seen.... In the domestic market, the drop in June was led by a 13.4 percent decrease in manufacturing... by a 24.2 percent drop in manufacturing. Mining and quarrying turnover increased by 8 percent. On a monthly

    27%
  5. Building activity's upward course halts in May with 19.6 pct YoY drop
    Photo by MacroPolis

    EconomyMacroeconomy

    a 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

    27%
  6. Building activity remains in contraction for June with 1.7 pct YoY drop
    Photo by MacroPolis

    EconomyMacroeconomy

    Building 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

    27%
  7. Retail sales up 3.9 pct in April for first positive YoY reading since 2010

    EconomyMacroeconomy

    volume 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

    27%
  8. 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

    26%
  9. Rate of drop in building activity increases to 19.9 pct in August
    Photo by MacroPolis

    EconomyMacroeconomy

    are 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

    26%
  10. Marked drop of 50 bps in new time deposit rate in July amid capital controls
    Photo by MacroPolis

    EconomyMacroeconomy

    time 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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