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  1. Building activity plunges by 35.6 pct in April, down by 75 pct since 2008
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    The number of building permits issued in Greece in April plunged by 35.6 percent in, accelerating from the 16 percent drop posted in March, according to the Hellenic Statistical Authority (ELSTAT). The decline in April surface and volume was less dramat...

    4%

  2. Greek gg debt down by 1 pp in Q1 2014, still at 174.1 pct of GDP

    Economy

    Greece’s general government debt slipped by 3.9 billion euros quarter on quarter to 314.8 billion euros, or 174.1 percent of GDP, at the end of Q1 2014 from 318.7 billion, or 175.1 percent, at the end of 2013, according to Eurostat data published on Tue...

    4%

  3. Greek wages index falls 1 pct in Q2, down 23.8 pct since 2010
    Photo by MacroPolis

    EconomyMacroeconomy

    After a short-lived year on year (YoY) rise of 2 percent in Q1, the seasonally adjusted Wages Index fell 1 percent in Q2, while it remained stable quarter on quarter (QoQ), according to the Hellenic Statistical Authority (ELSTAT). The index covers the t...

    4%

  4. Tourism helps bring Greek unemployment down to 26.4 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    The seasonally adjusted jobless rate dropped to 26.4 percent in July from a downward revised 26.7 percent in June, according to the Hellenic Statistical Agency (ELSTAT). The August figure is the lowest reading since December 2012. The non-seasonally-adj...

    4%

  5. Greeks exports down by 8.7 pct in September as imports rise by 7.4 pct

    Economy

    Greece’s exports remained on a downward trend for the third straight month in September but the drop accelerated to 8.7 percent, according to the flash estimates of commercial transactions released by Hellenic Statistical Authority (ELSTAT) on Friday. S...

    4%

  6. Credit down by 3.2 pct in Oct for lowest contraction since Dec 2011

    EconomyMacroeconomy

    The rate of credit contraction in Greece decelerated to 3.2 percent in October from 3.5 percent in September, according to the Bank of Greece (BoG). This was the lowest negative reading since December 2011. Balances slipped for the fourth successive mon...

    4%

  7. Greek deposits down 0.2 pct in October after seven months of rises
    Photo by MacroPolis

    EconomyMacroeconomy

    Following a rise in the preceding seven months, Greek private sector deposits fell by 0.2 percent month on month (MoM) in October. Balances reached 164.5 billion euros, according to the Bank of Greece (BoG). However, the year on year (YoY) growth rate a...

    4%

  8. Greek unemployment falls for seventh straight month, down to 25.7 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    The seasonally adjusted (SA) unemployment rate declined for the seventh straight month in September, when it fell to 25.7 in September from an upward revised 26 percent in August, according to the Hellenic Statistical Agency (ELSTAT). The September figu...

    4%

  9. Building activity down again in September but at slower rate of -11.2 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Τhe number of building permits issued in Greece continued to drop in September, albeit at the slower pace of -11.2 percent compared to -19.9 percent in August, according to the Hellenic Statistical Authority (ELSTAT). The respective surface figure poste...

    4%

  10. Greek time deposit rate down to 1.88 pct in November, lowest since euro entry

    EconomyMacroeconomy

    The interest rate on households’ new time deposits dropped by another 6 basis points (bps) to 1.88 percent in November, according to the Bank of Greece (BoG). This is the lowest reading since Greece accessed the euro area in 2002. The year-to-date (YtD)...

    4%