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  1. Capital controls take toll on car sales, which fell 23.9 pct in July for first time in two years
    Photo by MacroPolis

    EconomyMacroeconomy

    ). The drop in July is largely attributed to the imposition of capital controls. It is the first... in the 7-month period was recorded in May at 13,000. Following the sharp drop in July, the aggregate.... After a sharp drop by more than 30 percent per annum in the 3-year period until 2012, the number

    5%

  2. July credit contraction at 1.5 pct, slowest since Aug 2011
    Photo by MacroPolis

    EconomyMacroeconomy

    on year from a drop of 0.5 percent recorded in June. The July zero-growth rate indicates the first non.... The outstanding balance fell by 0.7 percent to 13.53 billion in July. The rate of drop in loans to individuals... this 4.5-year period. Consumer credit has recorded the biggest drop by 26.8 percent followed by corporate

    5%

  3. Q2 GDP rebounds by 0.9 pct QoQ on higher consumption and falling imports

    EconomyMacroeconomy

    in Q2. Flash estimates had indicated a 0.7 percent QoQ drop in Q2. For the first half of the year... formation dived by 10.6 percent QoQ in Q2 after an 8.4 percent drop in Q1 amid uncertainty and restrained... of services by 2.2 percent offsetting a drop by 2.3 percent in exports of goods. The first half figures

    5%

  4. Sixth straight fall for economic sentiment in August as it plunges by 6.1 pts
    Photo by MacroPolis

    EconomyMacroeconomy

    is the second lowest reading after the record low of 74.8 in March 2009. The monthly drop is the third... from -52.9 in July. This was the sixth successive decline and the highest monthly drop since 2002... The monthly decrease reached 18 points in the previous month. The drop in the retail trade indicator

    5%

  5. Report sees fall in salary earners, big rise in part-time work during crisis
    Photo by MacroPolis

    Economy

    million between 2010 and 2014. Almost two-thirds of that drop consists of male workers... for those with a permanent job. In addition, the drop in the private sector reached 16.8 percent... in the 1984-1996 period and more than offset that decline by 2009. Since then, it recorded a drop by 5.2

    5%

  6. General gov't primary cash surplus markedly better in July but arrears climb

    EconomyMacroeconomy

    -a-vis a surplus of 359 million in the corresponding period last year. The latter reflects a drop... MoM to 313.17 billion reflecting: 1) A drop in Greek government bonds (GGBs) by 3.55 billion.... The YtD movement shows debt fell by around 11 billion euros due to a drop in EFSF/ESM/IMF loans

    5%

  7. Newsletter 42 - 11/09/2015

    Newsletters

    , to 19.7 billion at the end of June 2014. The sharp drop of bank share prices in the last weeks of 2014... in the preceding two months. August’s reading is the lowest since November 2014. The slower drop in August... territory since March 2013. Increased VAT rates eased the drop in August. Unemployment edges up Greece’s

    5%

  8. Unemployment rate eases to 24.6 pct in Q2 as number of employed jumps
    en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    EconomyMacroeconomy

    by 2.4 percent to 3.63 million coupled with a drop in the jobless figure by 7.8 percent to 1.18... than that of males. The respective breakdown by age group showed the biggest YoY drop was posted... percent. After a short-lived drop in Q1, the percentage of ‘new’ unemployed (i.e. those looking

    5%

  9. Newsletter 45 - 02/10/2015

    Newsletters

    , the highest drop for two years, after a 1.7 percent decline in June. The fall is mainly due to the imposition... a modest decrease of 0.4 percent in June. The highest drop in sales was in furniture, electrical... for the Greek government will change. Arrivals by sea will drop off but there will still be great

    5%

  10. Unemployment unchanged at 25 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    reading this year. Since 2008, the number of employed has fallen by 1.10 million implying a drop... of registered jobless - that receive the monthly benefit of 360 euros – posted a marked drop by 8.9 percent... posted a much slower decline by 0.6 pp to 29.4 percent. The breakdown by age displayed a drop

    5%