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  1. Piraeus Q3 trading update shows significant acceleration in NPL formation
    Photo by MacroPolis

    EconomyBanking

    with gross loans contracting 1.1 percent QoQ to 68.9 billion euros, whilst the Greek figure recorded

    6%
  2. Growing hopes that Greek recession will be milder than expected

    Economy

    a rebound in final consumption (+1.1 percent), falling imports (-4.9 percent) and almost stable exports

    6%
  3. Greek shares up for the third straight week on strong performance from banks

    Economy

    eased 0.7 percent QoQ to 38.1 billion, while loans fell 1.1 percent to 68.9 billion. Two days later

    6%
  4. Credit contraction slows to 1.5 pct in Sept on marked drop in corporate loan deductions

    EconomyMacroeconomy

    . Note though that the monthly evolution shows high volatility. Loans to sole proprietors eased 1.1

    6%
  5. Greek economy surprises in Q3, eases by a marginal 0.5 pct

    EconomyMacroeconomy

    by 0.4 percent year on year (YoY) in Q3 after a downward revised growth of 1.1 percent in Q2

    6%
  6. Newsletter 51 - 12/11/2015

    Newsletters

    also slipped by 0.4 percent year on year in Q3 after downward revised growth of 1.1 percent in Q2

    6%
  7. Marked improvement for budget execution in Oct, primary surplus outperformance extended

    EconomyMacroeconomy

    fees of 1.1 billion due to paid in December. Tax refunds remained stable month on month (MoM) at 256

    6%
  8. Industrial turnover falls by 14.7 pct in Sept for eleventh straight drop

    EconomyMacroeconomy

    , turnover in consumer non-durables increased by 1.1 percent. Similarly to the performance in previous

    6%
  9. Budget execution improves significantly in Oct, primary surplus reaches 4.53 bln

    EconomyMacroeconomy

    target to be met, despite some seasonal taxes such as road tax fees of 1.1 billion due to paid

    6%
  10. Q3 GDP slips 0.9 pct QoQ on lower private consumption and investment

    EconomyMacroeconomy

    ). According to today’s figures, GDP eased 1.1 percent year on year (YoY) in Q3, from flash estimate

    6%