Search
-
NBG reports net losses in Q2, NPEs down for fifth straight quarter
EconomyBankingNational Bank of Greece (NBG) reported net losses of 13 million euros in the second quarter (Q2) of 2017 reversing the profits of 13 million in Q1, which resulted in a break-even bottom-line result for the first half (H1) of the year. The Q2 result incl...
8% -
Household disposable income fell by another 2.3 pct in 2016, consumption down by 1 pct
EconomyMacroeconomyThe Hellenic Statistical Authority (ELSTAT) released on Monday the annual non-financial sector accounts for 2016 along with revisions for 2014 and 2015, which also reflect the recent revisions of national accounts in mid-October. In 2016, Greece posted ...
8% -
Industrial turnover falls by 0.8 pct in Sept, down for first time since Oct 2016
EconomyMacroeconomyGreece’s industrial turnover fell by 0.8 percent in September after upwardly revised growth of 6.3 percent in August, according to Hellenic Statistical Authority (ELSTAT) data published on Monday. The headline figure is the first time since October 2016...
8% -
Travel balance down by 76.3 pct in Dec, annual arrivals beat expectations
EconomyMacroeconomyGreece’s travel receipts fell by 76.3 percent year-on-year in December, compared to a rise of 81.4 percent in November, Bank of Greece (BoG) data revealed on Wednesday. Receipts came to 182.2 million euros for the month, while payments rose by 26.5 perc...
8% -
Travel balance down by 29 pct in April as receipts slump
EconomyMacroeconomyGreece’s travel balance fell by 29 percent year-on-year (YoY) in April, dropping into negative territory after March’s growth of 48.30 percent, Bank of Greece (BoG) data revealed on Thursday. Receipts came to 489.9 million euros for the month, edging up...
8% -
Trade deficit down by 15.8 pct in May on reduced imports, higher exports
EconomyMacroeconomyGreece’s trade deficit fell by 15.8 percent in May, picking up pace from April’s drop of 4.6 percent, according to data from the Hellenic Statistical Authority (ELSTAT) released on Friday. The deficit stood at 1.47 billion euros for the month. May's dec...
8% -
Eurosystem funding down to 12.63 bln in August, banknotes in circulation rise slightly
EconomyMacroeconomyGreek banks’ Eurosystem funding declined by 382.1 million euros month-on-month (MoM) in August, the Bank of Greece's (BoG) monthly financial statement has revealed. The latest decline marks a slowdown from that of the previous month, where the MoM figur...
8% -
Eurosystem funding down to 12.23 bln in September, banknotes rise for second month
EconomyMacroeconomyGreek banks’ Eurosystem funding declined by 404 million euros month-on-month (MoM) in September, the Bank of Greece's (BoG) monthly financial statement has revealed. September’s movement brings the total for central bank funding to 12.23 billion euros c...
8% -
Building permits down by 7.5 pct in Dec but up by 10.3 pct during 2018
EconomyMacroeconomyBuilding permits decreased by 7.5 percent year-on-year (YoY) in December, dropping from a rise of 18 percent noted in November, Hellenic Statistical Authority (ELSTAT) data released on Tuesday showed. The latest monthly headline figure interrupts eight ...
8% -
Industrial turnover down by 7.6 pct in January
EconomyMacroeconomyGreece’s industrial turnover fell by 7.6 percent year-on-year (YoY) in January, deepening from a fall of 0.9 percent seen in December, Hellenic Statistical Authority (ELSTAT) data published on Wednesday showed. The latest figure is the second consecutiv...
8%