Macroeconomy

Results 2241 to 2250 out of 2290.

Deposits edged up in Nov but credit contraction was close to 4 pct

Greek private sector deposits increased by 0.4 percent month on month (mom) in November, for the first time since May, with balances reaching 161.04 billion euros, according to the Bank of Greece (BoG). Net inflows stood at 394 million in November from outflows of 630 million in October.

Banks' reliance on Eurosystem funding eases for seventh straight month in Nov

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.

Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com] Unemployment rate inched up again in Sept to 27.4 pct

The seasonally adjusted unemployment rate in September rose marginally to 27.4 percent, from 27.3 percent in August, according to data released by the Hellenic Statistical Authority (ELSTAT). The September rate is now just under the historic high of 27.5 percent in May this year.

Results 2241 to 2250 out of 2290.