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  1. Greek building activity drop decelerates to 16 pct in March

    EconomyMacroeconomy

    (ELSTAT). The respective drop in May surface was much softer at -8.2 percent, while volume posted... drop at slightly lower levels (-17.9 percent). The regional breakdown indicates Ionian Islands.... On the flipside, building activity in the Western Greece recorded a single-digit drop at -8.3 percent

    31%
  2. Drop in building permits accelerates to 7.1 pct in Jan

    EconomyMacroeconomy

    The drop in Greek building permits slightly accelerated to 7.1 percent in January from 6.4 percent... is the eighth straight monthly negative reading for the month and is the second lowest drop over this period... a decline of 16.1 and 11.7 percent respectively, while volume posted a mid single-digit drop of 5.2

    31%
  3. Office prices ease 0.2 pct in 2015, retail prices drop by 3.5 pct

    EconomyMacroeconomy

    percent, which is the slowest drop rate over the past five years. The biggest decreases had been..., shows a cumulative drop by 36 percent. Office rents The figures published by BoG on office rents..., the office rent index has declined by 28.5 percent. In Athens, the relevant index posted a drop of 1.1

    31%
  4. General government primary cash surplus expands to 3.9 bln by August, arrears drop further to 6.3 bln

    EconomyMacroeconomy

    and 69 million respectively. Interest payments was the only expenditure item that posted a drop of 254... that started in mid July and have resulted so far in a net drop in the arrears’ stock by 976 million over... drop of 24 million in the 8-month period. Social security funds’ arrears of 2.85 billion remain

    31%
  5. Fall in apartment prices slows to 0.3 pct in Q4 2017, 1 pct average drop for year
    Photo by MacroPolis

    EconomyMacroeconomy

    The drop in the nominal value of apartments in Greece came to 0.3 percent year-on-year (YoY) in the fourth quarter (Q4) of 2017, slowing from a drop of 0.6 percent in Q3 2017, Bank of Greece (BoG..., the decline in property prices came to an average drop of 1 percent, improving against the drop

    31%
  6. Building activity records another sharp drop of 21.9 pct YoY in Feb
    Photo by MacroPolis

    EconomyMacroeconomy

    Building activity recorded another sharp drop at the start of 2025 with a decrease of 21.9 percent year-on-year (YoY) in February, after a drop of 17 percent in January, according to the data... was all negative, with the biggest drop recorded in Ipeiros in north western Greece with 44.5 percent

    31%
  7. Alpha Bank reports H1 profits of 267.4 mln on one-off item
    Photo by MacroPolis

    EconomyBanking

    but fell 2.1 percent year on year (YoY) in H1, mainly due to a drop in personnel cost by 8.8 percent... two figures for Greek banks’ potential capital shortfalls: One under the static model and one under the dynamic model, which will incorporate the restructuring plans approved by the DG Comp in July

    31%
  8. Eurobank reports net loss of 301.1 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    NII fell QoQ on continued deleveraging in conjunction with a 10 bps drop in lending spread. Net... the static model and the dynamic model (based on the restructuring plan approved by the EU DG Comp) could

    31%
  9. BoG stresses more work needed on NPE reduction, pushes bad bank idea
    Photo via http://www.delphiforum.gr/

    EconomyBanking

    of 7.1 billion. The 7.6-bln-euro drop during the first quarter of 2020 was mostly driven by Eurobank... be an opportunity to change the country’s economic model and transform the business model of credit

    31%
  10. Newsletter 475 - 12/09/2025

    Newsletters

    model, demographic resilience, technological upgrading and a “Patriotic Contribution” on top incomes... ahead This policy duel encapsulates a deeper clash over Greece’s growth model: Tsipras’s centre-left... pct, though certain goods recorded significant rises, offset by the sharp drop in the price of oil

    31%