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  1. Q1 GDP contracts 0.5 pct QoQ and 1.4 pct YoY, slightly worse than flash estimates
    Photo by MacroPolis

    EconomyMacroeconomy

    . Since its peak in Q3 2009, household consumption has dropped by almost 26 percent. This largely

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  2. Economic sentiment slips to 89.7 in May, consumer confidence rebounds to -71.9

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) fell by 0.6 points in May after increasing in the preceding two months, European Commission (EC) data showed on Monday. The ESI has hovered around the 90-point mark over the last three months. The May headline figure of 89.7 is the lowest reading since February

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  3. Retail sales fall by 4.3 pct in March for tenth straight decline

    EconomyMacroeconomy

    and 3.2 percent respectively. The retail turnover has plummeted 36.6 percent over the past six years

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  4. Marginal deposit flow in April for second straight month

    EconomyMacroeconomy

    the Emergency Liquidity Assistance (ELA) funding rose by 690 million in April. Central Bank funding has

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  5. Vast majority of Athens homeless ended up on streets during crisis

    Society

    Over seven in ten of the homeless in central Athens have ended up on the streets since the onset of the crisis and almost half of the homeless say that losing their job was following by the loss of their home, research stemming from a Norwegian-funded antipoverty programme for the Greek capital has

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  6. Corporate lending rates resume upward trend in April, time deposit rate stable
    Photo by MacroPolis

    EconomyMacroeconomy

    time deposit rate has been declining steadily since the imposition of capital controls last summer

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  7. Greek banks on cusp of improved liquidity conditions

    Agora

    refinancing operations (TLTRO-II). This liquidity facility has a maturity of four years

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  8. CPI falls at decelerating pace of 0.9 pct in May
    Photo by MacroPolis

    EconomyMacroeconomy

    edged up by 1.1 percent MoM. Greece has been in deflation for 39 consecutive months since CPI turned

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  9. Industrial production rebounds 2.8 pct in April

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) rebounded by 2.8 percent in April after dropping in the preceding two months, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. IPI’s performance has been volatile in recent times, with 10 positive readings in the last 16 months. Two

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  10. Greek stocks down 4.6 pct during week after Friday’s sell-off

    Economy

    also has also to be ratified by national parliaments, while official decisions by the Eurogroup

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