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Macron’s visit to Athens delivers agreements, messages and political meaning
PoliticsGreek PoliticsMacron could advance his wider argument that Europe must “wake up” and act as a geopolitical power.... At the Greece–France Economic Forum, Macron praised Greece’s post‑crisis trajectory, calling it a “model.... These actions were viewed positively by many Greek voters, pushing support for ND up from 24.9 pct
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Greek banks see Eurosystem funding drop to lowest level since 2009 in September
EconomyMacroeconomypercentage points. State-guaranteed bank bonds and EFSF bonds make up the bulk of ECB funding collaterals
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Drop in building activity slows to 12.2 pct in February
EconomyMacroeconomyGreek building permits dropped at a decelerating pace of 12.2 percent in February from 18.8 percent in January, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. Building surface also fell by 16.6 percent, while the respective volume edged up by 1 percent in February. In absolute
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Greek stocks drop 2.5 pct for second straight week, banks tumble 5.4 pct
EconomyThe Greek stock market continued its downswing falling by 2.5 percent this week after edging down 0.9 percent in the previous week. Although trading activity picked up from the extremely low levels of the previous week, it remained overall subdued. Investors remain on the sidelines on the lack
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Credit contraction stable at 1.6 pct in Feb, net deductions drop to 101 mln
EconomyMacroeconomy. However, new NPEs picked up again in January, while borrowers’ responsiveness to offered solutions fell
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Retail sales drop by 0.3 pct in August, first negative reading for the year
EconomyMacroeconomyin a row, falling by 0.3 points to stand at 54 points in October. Retail trade picked up from 0
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Retail sales drop by 0.7 pct in September after upward revision for August
EconomyMacroeconomyimproved by 0.2 points to stand at 54 points in November. Retail trade picked up from 2 points
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Retail sales drop by 0.4 pct in Feb, volume down by 0.1 pct
EconomyMacroeconomyto -52.8 in March. Year-on-year, consumer confidence has improved by 23.4 points. Retail trade picked up
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Retail market suffers drop in crisis era, shows consolidation towards larger businesses
EconomyFeaturesof these indicators could further stem the retail slowdown. The turnover index in retail trade up to November 2019
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Overall loan interest drop to 4.30 pct in February
EconomyMacroeconomyfrom households with an agreed maturity of up to one year decreased by 2 bps to 0.31 percent.
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