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  1. Credit contraction at 1.1 pct in Dec, loans to enterprises increase by 1.09 bln MoM

    EconomyMacroeconomy

    Credit contraction in the Greek market came to 1.1 percent in December compared to a contraction of 1.4 percent seen in November, Bank of Greece (BoG) figures showed on Monday. As a result, the outstanding balance decreased to 170.29 billion from 173.47 billion in the previous month and stayed

    14%
  2. Trade deficit grows by 5.1 pct in Dec, full-year increase comes to 1.1 pct
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    percent YoY in December. The aggregate figure for 2018 showed a rise of 1.1 percent in the trade

    14%
  3. Credit contraction at 1.1 pct in Jan, balance at 169.42 bln
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Credit contraction in the Greek market came to 1.1 percent in January, unchanged from December, Bank of Greece (BoG) figures showed on Wednesday. As a result, the outstanding balance decreased to 169.42 billion from 170.29 billion in the previous month and stayed under the 180-billion euro mark

    14%
  4. CPI falls by 1.1 pct YoY in May
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) fell by 1.1 percent year-on-year (YoY) in May compared to a decline of 1.4 percent seen in April, Hellenic Statistical Authority (ELSTAT) figures showed on Wednesday. The average CPI for the rolling 12 months fell by 0.1 percent. Month-on-month, the CPI for May

    14%
  5. Credit growth edges up to 1.1 pct in Nov
    Photo by MacroPolis

    EconomyMacroeconomy

    Credit movement in the Greek private sector increased by 1.1 percent year-on-year (YoY) in November, from a rise of 0.9 percent in October and 0.8 percent in September, Bank of Greece (BoG) figures released on Wednesday showed. The growth in credit expansion has remained broadly stable after

    14%
  6. Growth in car sales slows to 1.1 pct in April
    Photo by David Rankin https://flic.kr/p/AntsE2

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time slowed down considerably in April, growing by 1.1 percent year-on-year (YoY), after rising strongly in March by 31.3 percent, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. In April 2022, the year-on-year

    14%
  7. GDP up by 1.1 pct QoQ, needs 2.8 pct growth in H2 to reach annual forecast
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) GDP accelerated its gains in Q2, rising by 1.1 percent quarter-on-quarter (QoQ), from a 0.8 percent rise in Q1, provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Friday. The Greek economy has been growing continuously QoQ now since Q2

    14%
  8. Piraeus Bank posts net profits of 31 mln in Q3, records improved asset quality trends
    Photo by MacroPolis

    EconomyBanking

    lower by 163 mln QoQ to 36.7 billion, while has recorded a cumulative drop of 1.1 billion over.... On the P&L front, core operating income improved by 1.1 percent QoQ to 570 million euros, reflecting... retirement scheme. Loan impairments decreased by 9 percent QoQ to 242 million with the cost of risk

    14%
  9. Building activity up by 12.6 pct in November, permits remain above 1,000

    EconomyMacroeconomy

    in the growth rate. In absolute terms, the highest number of permits was issued in Attica (242 permits... in apartment prices year-on-year in the third quarter of 2017. This followed a drop of 1.1 percent in Q2

    13%
  10. NBG reports net profits of 171 mln in Q3, NPE’s fall on loan sales
    Photo by MacroPolis

    EconomyBanking

    in corporate loans, followed by small business loans dropping by 242 million euros. Mortgage NPE...) dropped by 1.1 billion euros and stood at 8 billion. This led the group NPL ratio to stand at 24.4

    13%