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  1. Talk of negative impact from political risk sees tightening of Greek polls
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    to Stournaras being appointed BoG governor earlier this year, even taking its complaint to the European

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  2. Greek travel receipts continued upward course in October, rising by 4.6 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's travel receipts advanced for the fifth straight month, albeit at a much slower growth rate, by 4.6 percent to 993 million euros in October, according to the Bank of Greece (BoG). At the same time, travel payments rose by 30.9 percent to 169 million euros. As a result, the travel surplus

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  3. Contraction in Greek credit eases slightly to 3 percent in November
    Photo by MacroPolis

    EconomyMacroeconomy

    The rate of drop in Greek bank credit decelerated for the second straight month in November, falling to 3 percent from 3.2 percent in October, according to the Bank of Greece (BoG). Last month’s figures were the lowest negative reading since November 2011. Balances eased for the fifth consecutive

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  4. Greek deposits almost unchanged at 164.3 bln in November

    EconomyMacroeconomy

    Greek private sector deposits dropped for the second successive month in November, edging down by by 0.1 percent month on month (MoM) with their balances landing at 164.3 billion euros, according to the Bank of Greece (BoG). The year on year (YoY) growth rate decelerated to 2 percent in October

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  5. Greek time deposit rate down to 1.88 pct in November, lowest since euro entry

    EconomyMacroeconomy

    The interest rate on households’ new time deposits dropped by another 6 basis points (bps) to 1.88 percent in November, according to the Bank of Greece (BoG). This is the lowest reading since Greece accessed the euro area in 2002. The year-to-date (YtD) drop in the time deposit rate reached 94 bps

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  6. Fall in Greek building activity accelerates to 19 pct in October

    EconomyMacroeconomy

    to suffer. Bank of Greece (BoG) figures on apartment prices, which are indirectly related to building

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  7. Travel surplus soars 57.2 pct in November on surging tourist arrivals
    Photo by MacroPolis

    Economy

    Greece's travel receipts grew for the sixth successive month by 30.7 percent year on year (YoY) in November at an accelerating pace compared to the 4.6 percent YoY recorded in October, according to the Bank of Greece (BoG). In absolute terms, travel receipts reached 267 million from 205 million

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  8. Greek credit contracts by 3.1 pct in December

    EconomyMacroeconomy

    The rate of contraction in Greek bank credit slightly accelerated to 3.1 percent in December from 3 percent in November, according to the Bank of Greece (BoG). However, this was the second lowest negative reading since November 2011. Lending balances continued heading south for the sixth

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  9. Greek time deposit rate falls to 1.82 pct in Dec, lowest during euro membership

    EconomyMacroeconomy

    The interest rate on households’ new time deposits continued heading south for the ninth straight month in December, when it fell by 6 basis points (bps) to 1.82 percent, according to the Bank of Greece (BoG). The December rate indicates a new historic low during Greece’s euro membership

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  10. Greek apartment prices down 5.8 pct in Q4 2014

    EconomyMacroeconomy

    The drop in apartment prices in Greece decelerated for the sixth successive quarter to 5.8 percent in Q4 2014 from 7 percent in Q3, according to the Bank of Greece (BoG). However, the Q4 rate indicates the twenty-third consecutive negative reading since Q1 2009. Apartment prices also fell by 1.5

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