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Unemployment rate falls to 8.2 pct in Nov, lowest since 2008
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate had a modest drop in November to 8.2 percent.... In November last year, the unemployment rate was 9.7 percent. Despite minor fluctuations in recent..., at roughly 4.41 million people. There were 62,458 fewer unemployed people in November compared
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Nov data confirms record-breaking year for tourism as 11M receipts reach 23 bln, up 8.9 pct
EconomyMacroeconomyGreece's travel balance recorded a surplus of 505.2 million euros in November, compared to 1.99.... The November balance was 34.8 percent higher than the 374.8 million euros recorded in November 2024... in November reached 1.41 million, up 9.7 percent YoY. Arrivals from the EU totalled roughly 700,000
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State arrears to Nov fell to 5.86 bln but 1.96 bln of new debts created in 2013
EconomyMacroeconomyThe Greek general government (gg) cash deficit to November fell by 54 percent to 4.43 billion... in 2013) stood at 1.95 billion euros at the end of November. The stock of state arrears to the private sector (including tax refunds) at the end of November stood at 5.86 billion, after a 673 million
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Deposits up again in December but credit contraction continues apace
EconomyMacroeconomy). Net inflows stood at 2.35 billion in December from 394 million in November. The positive flow... in the Greek market marginally accelerated to 3.9 percent in December from 3.8 percent in November... 510 million in November. December’s negative flow reflects household and corporate lending net
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Building activity up by 36.2 pct in Nov as rebound continues
EconomyMacroeconomy-on-year (yoy) in November posting a positive growth for the second straight month, according... percent respectively. The jump in November also reflects a low base effect. The aggregate figures... that building permits have retreated 29 percent. Building activity to November also points to a sharp
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Newsletter 5 - 28/11/2014
Following the lengthy, inconclusive meetings with the troika heads in Paris on November 25–26, time... the two men. On November 21, Papandreou wrote to Venizelos to ask for an emergency party congress... should Greece head to early elections in March. Economic sentiment improves in November Greece’s
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Greek economic sentiment and consumer confidence fall sharply in December
EconomyMacroeconomyto 98.9 in December from 102.7 in November, according to the European Commission (EC). The ESI figure... in November. The recorded drop of 4 points indicates the second worst monthly movement year to date... by 5.7 points to 4.7 in December offsetting the gains of 5.3 points recorded in November. In contrast
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Collapse in revenues brings 2014 primary surplus to 1.9 bln, 3 bln short of target
Economy, the year to date primary surplus outperformance of 691 million by the end of November turned... in December from 5.3 percent in November. As a result, 2014 revenues fell by 3.6 percent to 49.61... at 1.3 billion. The annual shortfall almost doubled the year to November figure, which stood at 713
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Newsletter 15 - 13/02/2015
last month and 70–75 bps since November. It is important to note that the November rates were... rate static The seasonally adjusted unemployment rate remained at 25.8 percent in November 2014... of employed dropped by 27,700 MoM to 3.54 million. November's figures showed the first drop
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The targets and deadlines in Greece's privatisation programme
EconomyProgrammebe approved by the EC in November and the delivery of airports would be completed by March 2016. 2... (only bidder) has signed a contract In November 2014 for a consideration of 915 million. A number... and share purchase agreements by October, while binding offers are expected in November and parliament
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