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  1. Deflation rises again in Greece: CPI down by 0.8 pct in September

    EconomyMacroeconomy

    and footwear prices recorded a sharp rise of 35.6 percent MoM in August, following a double-digit drop in each... (down 2.4 percent). A more moderate drop in prices was displayed in recreation and culture (-2... deflationary year in 2014, with the CPI expected to drop by 0.8 percent. This follows a decline of 0.9 percent

    7%

  2. Greek industry's turnover index on the slide again in August after previous rises

    Economy

    . In addition, the average index over the trailing 12 months is down by 4.8 percent. The drop in August.... In contrast, the respective figure for the non-domestic market posted a double-digit drop (-10.3 percent... percent), while for the non-euroarea countries the drop was slower at -9.5 percent. All main industrial

    7%

  3. August sees third Greek C/A surplus in a row, reaching 1.82 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    of the trade deficit by 3.8 percent stems from a drop in both imports and exports by 5.7 and 7.3 percent.../A surplus stems from an increase in the services’ surplus (by 2.05 billion) and a drop in the income... by 11.1 percent to 8.37 billion. The changes in the other C/A components showed that the drop

    7%

  4. Newsletter 2 - 07/11/2014

    Newsletters

    decreased in October with production posting a drop for the third time in the last four months. Exports... in September but the drop accelerated to 8.7 percent. September’s performance is the seventh... drop of 7.2 percent. Imports resumed an upward trend in September, rising by 7.4 percent after

    7%

  5. National Bank posts 9-month profits of 1.18 bln
    Photo by MacroPolis

    EconomyBanking

    by a modest 1 percent QoQ. The yearly drop mainly stems from a double-digit decrease in personnel... percent more than offsetting a drop in state deposits by 26 percent. As a result, loan to deposit ratio... peers. After a significant drop particularly in Q2 by 7 billion, Eurosystem funding eased by only

    7%

  6. Greek deflation shoots up to 1.7 pct in October
    Photo by MacroPolis

    EconomyMacroeconomy

    to September mainly reflecting a drop in housing (-4.6 percent), health (-2.9 percent) and transport..., alcoholic beverages and tobacco, displayed an increase (+2 percent). On the flipside, the highest drop... to be revised following a shaper drop in prices in 2014.

    7%

  7. Greek banks' Eurosystem funding rises by 1.28 bln in October after five-month fall

    EconomyMacroeconomy

    Following a drop in the preceding five months, Greek banks’ Eurosystem funding rose by 1.28 billion... the upward movement in October, the year to date drop in Eurosystem funding reached 29.16 billion... to the elimination of ELA funding. The recorded drop of Greek banks' central bank funding so far

    7%

  8. Apartment prices fall at slower rate of 7 pct in Q3

    EconomyMacroeconomy

    negative reading since Q2 2011. BoG data also showed that the drop in appraisals significantly... in 2013. Appraisals also relate to the evolution of building activity, which posted a cumulative drop..., incorporated in ECB comprehensive assessment for Greece, point to a further drop by 7.7 percent

    7%

  9. Travel receipts up again in September, reaching 2.3 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    international tourist arrivals, up by 23 percent to 3.64 million euros, mitigated by a drop in the travel.... However, the strong rebound in volumes was mitigated by an 8.8 percent drop in the travel spending... in arrivals and the drop in receipts, Germany remains the country with the highest arrivals

    7%

  10. Target revisions leave 880 mln budget shortfall in Oct despite 2.6 bln primary surplus
    Photo by MacroPolis

    Economy

    following the significant drop of 24.7 percent in October. This was mainly due to income tax (down 27.3... and 3 percent in the 10-month period to 18.86 billion reflecting a drop in VAT and consumption taxes... million short of the revised target. The underperformance reflects a drop in revenues by 12.5 percent

    7%