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Drop in building activity accelerates to 11.3 pct in Oct
EconomyMacroeconomy. A broadly similar pattern is showed in the performance over the trailing 12 months, with permits down... Greece’s adjustment programme project a drop of 5 percent in 2016 and 1 percent in 2017 following... the end of 2010, with the aggregate loan net deductions close to 12 billion over this period. According
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S&P upgrades Greece’s rating by one notch, sees compromise on pension reform by March
Economyprogress with a stable outlook. The last time Greece was ‘B’ rated was also by S&P almost 12 months ago... in investments by an estimated 12 percent, while the net job increase reinforces expectations that unemployment... growth of 3 percent per annum in 2017-19. For 2016 in particular, the key drags to GDP involve: 1) Banks
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Deadline for liberalisation of household and SME NPLs looms closer
Economyfor the disbursement of the last sub-tranche of 1 billion euros. Until February 15 only NPL sales of large... be sold by a bank only if in the preceding 12 months the debtor did not accept a bank out-of-court..., large corporate NPEs amount to around 40 billion and housings NPEs are at 28 billion, of which 12
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If you think it's bleak for Greece now, wait until tomorrow
Agorapercent and it anticipates that it will take another 24 years, until 2040, before it drops to 12... entered the crisis with a 20 percent of GDP investment ratio, only for it to plummet to 12 percent... exceeding the eurozone historical average and just reaching 1 percent. The combined effect
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Newsletter 81 - 08/07/2016
has increased by 106,900 over the past 12 months, while the number of unemployed has shrunk... has dropped by 17 bps in the year to date and by around 100 bps over the past 12 months. Corporate... euros and slipped by 6 bps to 5.17 percent for amounts between 250,000 and 1 million euros
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Newsletter 91 - 07/10/2016
surplus by around 1 billion. The breakdown showed revenues increased by 3.86 billion to 48.94 billion... that taxpayers will pay their ENFIA to the banks in 9–12 monthly instalments, while the state receives... million, while the number of unemployed edged down by 5,400 to 1.12 million. Over the last 12 months
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Industrial turnover rises at accelerating pace of 9.4 pct in Sept
EconomyMacroeconomyin the previous months, the trailing index still points to a decline of 8.4 percent over the last 12 months...-durables edged down 1 percent. In more detail, turnover in mining of metal ores more than doubled... and installation services of machinery and equipment (-12 percent) and beverages (-8.1 percent). The detailed
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Economic sentiment stays stable at 95.1 in Jan, consumer confidence dives 3.4 pts
EconomyMacroeconomy. It had posted cumulative gains of 23.1 points in the previous two months. Over the last 12 months...). On the flipside, two indicators are down in the past 12 months, namely construction confidence (-7.8 points) and consumer confidence (-1 point).
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PMI falls to 46.7 in Mar on drop in new orders but outlook positive for next months
EconomyMacroeconomyGreece’s Manufacturing PMI fell by 1 point to 46.7 in March, almost offsetting the rise of 1.1... maintain a positive growth outlook for the next 12 months. New orders declined at a sharper pace... remained confident that output would expand over the coming 12 months. Key to this would
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Stocks record weekly losses of 0.7 pct in wake of inconclusive Eurogroup
EconomyBank (NBG) posted net profits of 5 million in Q1, while core pre-provision income (PPI) rebounded 12... with PPI improving by 12 percent QoQ to 258 million. The Extraordinary General Meeting of Public..., Terna Energy and Viohalco hold their AGMs on May 30 followed by Mytilineos and Metka AGMs on June 1
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