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Greece is least socially just country in EU, report indicates
SocietyThis meant that Greece suffered a drop of 0.86 on the mark it gained in 2008. Only Ireland had a bigger... since 2008, which is the second-largest drop in the Union. This rock bottom ranking comes... 24th with 4.68 but displays the biggest drop (1 point) of all the countries rated in 2008
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Greek PMI drops into contraction territory in September, falling to 48.4 points
EconomyMacroeconomycontraction, suggests a deterioration of business conditions at the end of the third quarter. The drop... growth in August, production fell slightly in September. This was the second drop in the last three... the past four months. Lower purchasing activity also led to a drop in the stocks of purchases
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Greek building activity drops by another 8 pct in July
EconomyMacroeconomyof building permits at 44.4 and 29.2 percent respectively. In contrast, the drop in West Greece (-26.7..., Fitch reiterated its view that house prices are expected to drop by 6 percent overall in 2014. Housing... over the past 2.5 years with the cumulative drop at 13 percent over the past four years. In addition
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Greek disposable income continues its slide in Q2, reached 29 pct during crisis
EconomyMacroeconomy) of 2014 to 30.8 billion, according to the Hellenic Statistical Authority (ELSTAT). Q2 rate of drop.... The continued drop in disposable income mainly reflects a decline in the compensation of employees.... In contrast, property income showed a low single digit drop (-9.8 percent) over the past five
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August trade deficit shrinks by 29.5 pct as imports fall faster than exports
EconomyMacroeconomythe first data is avalable. August’s performance reflects a 16.3 percent drop in imports and a 5.7... a slower drop in August (-20.3 percent), mainly reflecting a lower decrease in imports (-12.9 percent... respectively. The sharp drop in trade deficit in August led the respective 8-month figure up by a mid
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Greeks exports down by 8.7 pct in September as imports rise by 7.4 pct
Economybut the drop accelerated to 8.7 percent, according to the flash estimates of commercial transactions released... drop of 7.2 percent. In contrast, imports resumed an upward trend rising by 7.4 percent in September... months still points to a drop of 1.9 percent. The breakdown by region did not show any material deviation
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Eurobank reports loss of 186.6 mln in Q3
EconomyBankinga drop in operating income by 3.1 percent to 474.8 million and a slightly higher cut in operating... further room for NII improvement in the coming months. The QoQ drop in operating expenses fully reflects.... In the previous quarter the bank had posted a double drop in NPL formation by almost 300 million. Commenting
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Greek trade deficit widens 34.2 pct in Sept as exports slip for third month
EconomyMacroeconomyGreece’s trade deficit widened by 34.2 percent in September after a drop of 29.5 percent in August... again after a short-lived drop in August. September’s figure indicating wasthe sixth positive... percent. However, exports posted just a marginal drop of 0.1 percent, while imports rose at a double-digit
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Greek economic sentiment and consumer confidence fall sharply in December
EconomyMacroeconomyfor December is the lowest reading since Apri, while the monthly change suggests the sharpest drop... in November. The recorded drop of 4 points indicates the second worst monthly movement year to date... gains of almost 23 points. Three of the other four business indicators also recorded a drop in December
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Greek exports rise by 6.6 pct in November to trim trade deficit
EconomyMacroeconomyThe drop in Greece’s trade deficit accelerated to 10.7 percent in November after easing by 4.4.... The double-digit drop of 10.7 percent is the third highest this year and reflects an increase in exports... drop (-8.4 percent) mainly on account of lower export growth (+0.9 percent), while imports fell
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