Economy

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Photo by MacroPolis Unemployment rate broadly stable at 7.7 pct in Jan

Greece’s seasonally adjusted (SA) unemployment rate dropped further in January to 7.7 percent, from an upwards revised 7.9 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday.

Photo via https://flic.kr/p/MsYXsT Annual credit growth stays stable at 7.6 pct in Jan

The credit expansion in the Greek private sector remained strong in January, rising by 7.6 percent year-on-year (YoY), from 7.9 percent the previous month, Bank of Greece (BoG) figures released on Thursday showed.

Photo via https://flic.kr/p/2b9vcaC Sharp drop in corporate deposits drives 5.18-bln-euro drop in Jan

There was a significant movement in the Greek banking system’s private sector deposits during January, with a net drop of 5.18 billion euros, after a jump of 6.33 billion euros in December, according to the latest Bank of Greece (BoG) figures released on Thursday.

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