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Current account deficit at 2.08 bln in Nov, falls significantly in 11M
EconomyMacroeconomyGreece’s current account recorded a deficit of 2.08 billion euros in November, from 1.09 billion euros in October, Bank of Greece (BoG) data released on Tuesday showed. In November 2024, the balance... of goods came to 2.78 billion euros in November, from 3.23 billion euros in the same month last year
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Deflation slows to 0.7 pct in Nov
EconomyMacroeconomyThe fall in the Greek Consumer Price Index (CPI) slowed to 0.7 percent in November from 0.9 percent in October, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. The November rate... a marginal rise by 0.1 percent. The drop in the November CPI is largely attributed to a decline
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Time deposit rate eases by another 5 bps in Nov, average loan rate drops 16 bps
EconomyMacroeconomythe 1-percent mark in November, Bank of Greece (BoG) figures showed on Friday. The November rate represents... on total new deposits slipped by another 4 bps to 0.58 percent in November, which is also the lowest... reduction by 60 bps of the rate in loans below 250,000 to 5.67 percent in November. For higher amounts
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Current account deficit at 1.22 bln in Nov, down 18.6 pct
EconomyMacroeconomyposted a deficit of 1.22 billion euros in November down by 18.6 percent from last years’ figure, Bank... to the capital controls. The absolute figures settled at 1.6 billion euros in November with exports... not display and marked change. As in November, the drop in the services’ surplus by 6.1 percent
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Greek stocks drop 2.5 pct for second straight week, banks tumble 5.4 pct
Economystake in Astir Palace to Apollo Investment for a consideration of 299 million. Piraeus said on November..., chairwoman at NBG, resigned on November 3, while Panagiotis Thomopoulos elected new non-executive.... The Annual General Meeting of Jumbo approved on November 2 the distribution of a dividend per share of 0.36
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Alpha Bank posts net profits of 41 mln in Q3, discloses NPE reduction targets
EconomyBanking-quarter (Q3) results on the last day of November. The bank posted net profits of 41.1 million euros... in June to 19.4 billion in November. In specific, ELA funding was cut by 1.7 billion to 14.2 billion in November and ECB funding by 600 million to 5.2 billion. In addition, the cash buffer stood at 3.4
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Eurosystem funding drops by 3.3 bln in Nov for 17th straight monthly fall
EconomyMacroeconomyGreek banks’ Eurosystem funding fell by another 3.3 billion euros in November, after a broadly... in November to a new low since the end of 2012. It has been reduced by 16.35 billion since June 2015... for official wholesale funding also fell in November with that for ECB funding dropping to 28.81 billion
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Time deposit rate falls to record low of 0.71 pct, loan rate drops to 4.83 pct
EconomyMacroeconomyGreek households’ new time deposit rate declined for the third successive month in November, when t...) data showed on Wednesday. The November rate is a new record low for the last 14 years. Since... maturity posted notable drops in November with that for amount below 250,000 euros falling by 45
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Newsletter 103 - 20/01/2017
in November Headline figure is the third positive reading in the last four months The upward movement in November mostly reflects a rise in the manufacturing turnover by 1.9 percent. The turnover index in industry rebounded by 2 percent in November after an upward revised drop of 2.9 percent in October
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Newsletter 189 -11/01/2018
economic sentiment (ESI) was down by 0.2 points to 101.6 in December from 101.8 in November...-on-year (YoY) in November compared to a slight decline of 0.6 percent in October, data from the Hellenic Statistical Authority (ELSTAT) showed. The deficit stood at 1.55 billion in November compared
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