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Newsletter 86 - 02/09/2016
recorded a drop in non- NPL formation decelerated notably at Alpha and NBG while it was negative... continues Retail sales fell for the 13th straight month in June, which saw a 5.2 percent drop from 7.9... orders ended a steady drop over the last two years, while the growth rate in new export orders
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Eurosystem funding falls by another 4.4 bln in August
EconomyMacroeconomyfunding makes up 37.7 percent. The reduction in Eurosystem funding led to a similar drop in pledged... is the highest monthly drop since the upswing initiated in December 2014. The absolute figure landed... in circulation headed south for the fourth straight month in August with a cumulative drop of 2.39
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Newsletter 89 - 23/09/2016
to be rocking for the first time since last summer’s political drama that led to banks closing... after a downward revised drop of 8.2 percent in June, the Hellenic Statistical Authority (ELSTAT... million coupled with a drop in exports by 66 million. The services surplus fell by 139 million, mostly due
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Deposit interest rates broadly stable in March, average loan rate down slightly
EconomyMacroeconomypercent. The marginal drop in the time deposit rate coupled with a slight increase in the corporate.... The combined impact of those changes led the weighted average rate on new loans down for the second... drop in the average loan rate coupled with the stable deposit rate resulted in a slight drop of 6 bps
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Alpha Bank remains profitable in Q2, NPEs reduced further
EconomyBankingin June outperforming target by 300 million, while a drop of another 1.2 billion should be achieved in H2 for the bank to meet the end-year NPL target of 17.6 billion. The reduction in the NPL stock led...), higher bond income and lower funding cost, which outweighed a slight drop in loan and deposit income
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GDP growth slows in Q3 amid lower 2017 forecasts
EconomyMacroeconomyflash estimates on hold for the time being due to methodology and data availability issues that led... a drop of 0.1 percent in the previous quarter. The Q3 headline figure is the first back-to-back... consumption is seen rising by 0.2 percent. Investments Gross capital formation recorded a drop of 8.9
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Athens identifies drivers for growth as it draws up strategy for next years
Economycontributors to economic expansion, which will be primarily led by investments. Exports are seen growing... percent in 2021 and 2022. By 2022, private consumption is expected to drop to below 63 percent of domestic... million in 2022. The number of unemployed will drop from 1.03 million in 2017 to 655,500 in 2022
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CPI remains static in July
EconomyMacroeconomypercent drop in the price of household equipment, mainly led by a fall in the price of furniture, household appliances and textiles. This was followed by a 1.7 percent drop in recreation and culture, a 1.1...Greece’s Consumer Price Index (CPI) remained static in July following a drop of 0.3 percent in June
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Industrial production declines by 4.5 pct in Dec
EconomyMacroeconomycompared to a revised downward drop of 9 percent in November, according to Hellenic Statistical...-on-month (MoM), the index increased by 5.5 percent after a drop of 5.5 percent in November. The decline... in manufacturing index led by wood and products of wood and cork, except furniture, chemicals
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Newsletter 239 -14/02/2020
in 2018, reaching close to 19 billion euros with 84 pct of the demand coming from abroad, led by the UK...-on-year (YoY) in December compared to a revised downward drop of 9 percent in November, according... was driven by a 11.5 percent fall in the mining and quarrying index, along with a drop of 5.8 percent
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