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Greek CPI falls at slower pace of 0.7 pct in July
EconomyMacroeconomyThe drop in the Consumer Price Index (CPI) decelerated for the second straight month to 0.7 percent in July from 1.1 percent in June, according to the Hellenic Statistical Authority (ELSTAT). The July reading indicates the slowest drop in the CPI so far in 2014 and since July 2013. Greece has been
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Piraeus Bank reports net profit of 164.3 mln in Q2
EconomyBankingrealised so far 65 percent of the targeted cost synergies and 100 percent of funding synergies... of 25.7 percent showed the highest quarterly growth (1.1 pp), followed by business loan NPL (+0.5 pp
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Exports resumed a downward trend in July, imports up 10.1 pct
EconomyAfter a temporary rise of 11.3 percent in June, Greece’s exports resumed a downward trend easing by 1.1 percent in July, according to the flash estimates of commercial transactions released... the fifth positive YoY reading so far this year. However, the 12-month trailing index still points
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OECD report paints grim picture for Greece's labour market
EconomyMacroeconomythe nosedive in Greek wages exceeded by far those of the other OECD countries. In the other countries under... -1.1 to -2.5 percent, while the respective drop in Ireland stood at slightly higher levels, between
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Industrial production drops 2.1 pct in July but rate of decline slows
EconomyMacroeconomy). The July headline figure is the sixth negative reading so far in 2014 and the sixteenth over the last... production recorded a double-digit drop (-12.2 percent), while water supply production slipped 1.1
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Greek CPI down by 0.3 pct in August as rate of decline slows for third month in a row
EconomyMacroeconomyon year (YoY) in August and 1.1 percent MoM. The slight YoY decrease in the August CPI by 0.3 percent... trajectory. The average CPI for the year so far stands at -1.2 percent, which is in line with official
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Troika review begins with fiscal targets and tax breaks in focus
EconomyMacroeconomywas estimated at 2.02 billion (1.1 percent of GDP) by the IMF in its fifth review report on June 10... for another year. Furthermore, the MoF will reportedly highlight the budget outperformance so far this year
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Percentage of Greeks at risk of poverty or social exclusion edges up to 35.7
Society3.9 million in 2013, up by almost 109,000 over 2012. The 2013 figure is up by 1.1 pp on the 2012... showed the Greek rate of 35.7 percent is by far the highest among eurozone countries and the second
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Greek trade deficit shrinks by 4.4 pct in October on back of strong exports
EconomyMacroeconomyrespectively. Exports in October produced just their third positive reading so far this year, following..., exports to the EU and non-EU countries dropped by 1.1 and 5 percent respectively. On the flipside
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Eurobank posts loss of 94.4 mln in Q1 as NPLs, Eurosystem funding rise
EconomyMacroeconomyto March with May flow so far reaming calm, according to the banks’ management. Eurosystem funding...-Bills and Greek government bonds of 3.1 billion, covered bonds of 2.2 billion and other of 1.1 billion
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