Economy
Deflation drops to 0.2 pct in Dec, at 1.7 pct for 2015
The drop in the Greek Consumer Price Index (CPI) decelerated further to 0.2 percent in December from 0.7 percent in November, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
Greek labour market recorded in 2015 second highest net hirings since 2001
Net hirings stood at 7,826 in December, which is the second positive reading for this month since 2001, the Labour Ministry’s information system (Ergani) showed on Tuesday.
Car sales grow by 7 pct in Dec and by 13.5 pct overall in 2015
The number of road motor vehicles going into circulation for the first time continued heading north in December, rising by 7 percent compared to the 15.2 percent growth posted in November, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday.
Suspension of Eldorado's mine work deals blow to coalition's investment drive
The Canadian-based Eldorado Gold announced on Monday it is currently unable to complete development plans for its mining projects in Halkidiki (northern Greece) primarily as a result of the Ministry of Energy and Environment delaying the issuance of the required permits and licenses for more than three years.
The pension and revenue interventions Greece has to make to meet its 2016 fiscal target
Greece has to achieve a primary surplus target of 0.5 percent of GDP in 2016, according to the agreement reached with institutions last summer.
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After dire 2015, Greek stocks get off to rocky start in 2016
Greek shares started the year with losses of 7.2 percent this week amid the turmoil that prevailed in the global markets largely due to worries related to the Chinese economy and geopolitical concerns.
Time deposit rate eases by another 5 bps in Nov, average loan rate drops 16 bps
Greek households’ new time deposit rate eased by 5 another basis points (bps) to just above the 1-percent mark in November, Bank of Greece (BoG) figures showed on Friday.
Industrial production rises by 1.8 pct in November
Greece’s Industrial Production Index (IPI) resumed an upward trend in November, when it rose by 1.8 percent following a drop of 1.9 percent in October, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
General government primary cash surplus widens notably to 5.14 bln at end of Nov
Greece’s general government (gg) primary cash surplus widened further in November, increasing by almost 40 percent to 5.14 billion euros in the 11-month period of 2015 from 3.68 billion during the same period a year earlier, the Finance Ministry (MoF) gg bulletin showed on Thursday.
Unemployment edges down to 24.5 pct in Oct, lowest since May 2012
Greece’s seasonally adjusted unemployment rate continued its slight downward trend easing to 24.5 percent in October from 24.6 percent in September, the Hellenic Statistics Authority (ELSTAT) latest figure displayed on Thursday.