Here are our three most popular articles from the economy section in 2013. For those who have already read them, a big thank you from the Macropolis team. For those reading them for the first time, we hope it gives you an idea of what we do.
Three new indicators released on Monday by the Greek statistical authority, ELSTAT, paint an even grimmer picture of Greece's labour market than the one most experts had considered until now.
Greece's October current account (C/A) balance showed Greece’s deficit shrinking to 351 million euros from 577 million last year, according to the Bank of Greece (BoG).
The Turnover Index in Industry fell 9.3 percent in October, while New Orders Index in Industry dropped by 17.5 percent, according to the Hellenic Statistical Authority (ELSTAT).
The European Banking Authority (EBA) disclosed on December 16 the results of a transparency exercise covering 64 European banks from 21 countries. The aim of the exercise was to share updated information based on first half 2013 data about banks' operations according to uniform benchmarks.
The non-seasonally-adjusted unemployment rate eased for the second straight quarter in Q3, falling to 27 percent from 27.1 percent in Q2 and 27.4 percent in Q1, according to data released by the Hellenic Statistical Authority (ELSTAT).
Greece is expected to post a general government primary surplus as well as a current account surplus of 1 percent of GDP for the first time in 2013, according to the Bank of Greece’s (BoG) interim report on Monetary Policy published on Tuesday.
The central government net balance to November on a cash basis showed the deficit widening by 30 percent to 9.96 billion euros from 7.67 billion last year, according to the Bank of Greece (BoG).
Greek banks’ Eurosystem funding, the combined liquidity they have received from the European Central Bank (ECB) and the Bank of Greece (BoG) Emergency Liquidity Assistance (ELA) mechanism, marginally eased by 0.33 billion euros in November, according to the BoG’s monthly financial statement.
Greece’s budget execution to November showed a primary surplus of 1.21 billion euros from a deficit of 1.42 billion last year, according to the preliminary data released by the Ministry of Finance (MoF) on Thursday.