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Drop in trade deficit accelerates to 14.3 pct in Dec on faster fall in imports
EconomyMacroeconomyGreece’s trade deficit declined at an accelerating pace of 14.3 percent in December from 1.8... decrease in December stems from a higher drop in imports (-7.9 percent) compared to that of exports... in December. The headline figure for exports represents the eighth straight negative reading, although
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Current account deficit falls to 780 mln in Dec and 7.5 mln in 2015
EconomyMacroeconomyGreece's current account (C/A) deficit fell by 58.3 percent to 779.8 million euros in December from... in 2015. The financial account under direct investment recorded a net rise by 154 million in December... investment, residents’ external assets increased by 5.4 billion euros in December mainly due
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Newsletter 63 - 19/02/2016
the passing of relevant, prior action legislation in mid-December. According to Stathakis, almost half... of the private deposit flow. The most notable reduction was evident in December, when the ELA ceiling...) accelerated to 0.7 percent in January from 0.2 percent in December. After a short-lived rise of 0.4
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Time deposit rate almost flat in Jan, average loan rate falls 12 bps
EconomyMacroeconomybps in December, landing at 4.86 percent in January. Similarly, the rate in loans below 250,000 euros dropped by 28 bps to 5.63 percent in January more than offsetting a rise by 24 bps in December.... Overall, after a jump by 17 bps in December, the weighted average rate on new loans fell by 12 bps
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Newsletter 100 - 16/12/2016
of 51.14 billion to be met, revenues of 3.88 billion should be collected in December, which appears rather feasible, considering that December revenues will be supported by the payment of motor tax... successive drop, leading Eurosystem funding to its lowest level since December 2014. Greek banks
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Greek stocks end week flat as Friday’s strong rebound erased earlier losses
Economyon December 14 the start of the group transformation process, which includes the merger through.... National Bank (NBG) said on December 15 it repaid the contingent convertible bonds (CoCos) worth 2.03 billion it had issued in December, following the approval obtained by the Single Supervisory
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Athens settles pension handout row, looks for review progress
EconomyProgrammeEurogroup President Jeroen Dijsselbloem concluded on December 24 that “the way has been cleared... Tsipras announced on December 8 a Christmas bonus of 617 million euros for 1.6 million pensioners... percent of GDP) after the relevant handout paid to pensioners on December 22. The letter also
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Car sales fall by 19.8 pct in Dec but rebound for fourth successive year in 2016
EconomyMacroeconomyin December following a rise of 18.4 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. The December headline figure is the first negative reading since June. As a result, car sales dropped again below the 10,000 mark to 7,607 in December, which
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Newsletter 103 - 20/01/2017
expenditure increased by 6.7 percent to reach 5.73 billion in December, by far the highest monthly... percent in December to land at 5.7 billion, which is the highest reading in 2016. The full year... billion in December, which is by far the highest monthly reading during 2016 and includes the payment
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General gov't primary cash surplus up to 5 bln in 2016, arrears fall by 1.1 bln in Dec
EconomyMacroeconomyat the end of December, its lowest level since March 2015. It dropped by almost 1.5 billion during the course... on month drop in December arrears involves SSFs (-349 million), hospitals (-308 million) and tax refunds... 2.15 billion euros to 58.66 billion at the end of December. The monthly change reflects a fall
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