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Rate of drop in building activity increases to 19.9 pct in August
EconomyMacroeconomyare expected to drop by 6 percent overall in 2014, while market sources indicate a decline up to 7 percent... percent after an 8 percent drop in July, according to the Hellenic Statistical Authority (ELSTAT... regions. Thessaly and Attica posted the highest drop, at 33.4 and 29 percent respectively. In contrast
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Marked drop of 50 bps in new time deposit rate in July amid capital controls
EconomyMacroeconomytime deposit rate recorded a marked drop by 50 basis points (bps) to 1.31 percent in July, according... above 250,000 and below 1 million euros. 2) Significant drop by 58 bps to 3.94 percent for amounts..., the weighted average rate on new loans decreased by 3 bps in July, after a drop by 23 bps in June
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July trade deficit lands at 715 mln as imports post biggest drop on record
EconomyMacroeconomyGreece’s trade deficit plummeted by 63.1 percent in July from a drop of 14.1 percent in June... fell at a slower pace by 8 percent. The rate of drop in trade deficit is the biggest since 2005... by 26.7 and 36.7 percent respectively. Following the sharp drop in July, the aggregate figures
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Credit contraction slows to 1.5 pct in Sept on marked drop in corporate loan deductions
EconomyMacroeconomyin September after a marginal drop of 0.2 percent in August. The outstanding balance slipped... percent in September, at an accelerating trend from the drop rate of 0.6 percent recorded n August... billion euros. Monthly loan deductions slipped to 32 million with the 9-month figure edging up to 587
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Industrial turnover dives 18.9 pct in Oct, highest drop over last six years
EconomyMacroeconomyThe drop in Greece’s Turnover Index in Industry accelerated to 18.9 percent in October from.... The October headline figure is the biggest drop over the last six years, the 12th straight negative reading and the fifth successive double-digit drop. In addition, the trailing index of the industrial
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September drop of 3.1 bln is 15th straight month of decline in Eurosystem funding
EconomyMacroeconomyGreek banks’ Eurosystem funding fell by another 3.15 billion euros in September after a drop... at 56.04 billion. The recorded drop reflects a decline in both ECB and Emergency Liquidity Assistance (ELA... in September, the funding mix slightly shifted towards ELA funding, which now makes up more than 63 percent
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Car sales drop by 18.8 pct in February
EconomyMacroeconomycompared to a drop of 27.8 percent in January, Hellenic Statistical Authority (ELSTAT) data showed... to 13,464 compared to 16,589 in February last year, a drop of 18.8 percent. Out of the total, passenger... up of lorries (2,474) and buses (140). Motorcycle sales were unchanged from a year earlier
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CPI down by 1.6% in March, marking 12-month continuous drop
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) fell by 1.6 percent year-on-year in March, following a drop... falling continuously since March last year. The sharpest annual drop was noted in December, when... pct YoY, after the 1 percent drop in February. The goods’ index fell by 1.9 percent while
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Deposit flow records back-to-back drop of 591 mln in Nov amid grip of cost-of-living crisis
EconomyMacroeconomywith a drop of 591 million euros, after another drop of 550 million euros in October, based on Bank... in October was negative for the first time since March. This is also the first back-to-back drop since March... at notice decreased by 53 million to 2.38 billion and other deposits were up by 39 million to 23.5
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Industrial turnover records five months of contraction after 6.2 pct drop in Aug
EconomyMacroeconomyStatistical Authority (ELSTAT) on Friday. This is the fifth successive annual drop, something not seen since... of 54 percent annually, the index posted the highest growth on record. August last year was up...-domestic market was down by 9.9 percent. In the domestic market, the drop in August was led by a 4
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