Search
-
Building activity plummets 31.5 pct in May
EconomyMacroeconomyGreek building permits dropped for the fifth successive month at a notably accelerating pace by 31.5 percent in May, following a 5.3 percent decline in April, Hellenic Statistical Authority (ELSTAT) data displayed on Friday. The May headline figure is the lowest negative reading since July 2015
1% -
Greece's 2009 deficit makes for a good conspiracy; shame about the numbers
Agorato the lives and prospects of millions of Greeks. The current crop of Greek politicians has not missed
1% -
Industrial turnover falls by 9.4 pct in June
EconomyMacroeconomyto Markit, PMI returned to contraction territory in July. Greek goods producers’ output continued its
1% -
Apartment prices drop by 2.7 pct in Q2, slowest rate since Q1 2010
EconomyMacroeconomyto the institutions’ estimates incorporated in the in the baseline scenario of Greek banks’ stress
1% -
Credit contraction slows to 1.6 pct in July, loan deductions jump to 638 mln
EconomyMacroeconomyCredit contraction in the Greek banking market decelerated to 1.6 percent in July from 2 percent in June, Bank of Greece (BoG) figures showed on Friday. The July headline figure represents the slowest rate of drop over the past twelve months. Loan balances fell by more than 1 billion euros from
1% -
Retail sales drop for thirteenth straight month by 5.2 pct in June
EconomyMacroeconomyand 0.7 percent respectively. Since 2010, the retail turnover in the Greek market has slumped 28.5
1% -
HFSF study identifies constraints on developing dynamic NPL market
EconomyBankinglegislated or initiated in 2015 and 2016, the Greek institutional NPL framework still faces a number
1% -
Effort to unite PASOK and Potami seems to have hit a wall
PoliticsGreek PoliticsThe project to unite PASOK and To Potami in order to create a dynamic third force in Greek politics with the potential to be a key governing partner or kingmaker appears to be in danger of collapsing. Only a few days after the leaders of the two parties, Fofi Gennimata and Stavros Theodorakis, met
1% -
A closer look at the composition of Greece's bad loans
EconomyBankingIn addition to an update on the evolution of non-performing exposures (NPEs), the Bank of Greece (BoG) review report on the Greek banking system published in late July also revealed a number of characteristics regarding the quality of NPEs. As we have previously noted, the NPE ratio reached 44.2
1% -
Building activity slumps by 21.7 pct in June for sixth successive month
EconomyMacroeconomyGreek building permits fell for the sixth straight month by 21.7 percent in June, at a slower pace compared to the 31.5 percent drop recorded in May, Hellenic Statistical Authority (ELSTAT) data displayed on Monday. The corresponding surface and volume also notably declined by 15.3 and 22.7 percent
1%