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  1. Drop in CPI eased in Feb but Greece still firmly in deflation territory
    Photo by MacroPolis

    EconomyMacroeconomy

    The drop in Greece’s Consumer Price Index (CPI) slowed further in February to 1.1 percent from 1.5 percent in January, according to the Hellenic Statistical Authority (ELSTAT). On a monthly basis... in 2015 (0.6 percent) and 2016 (1.1 percent in 2016).

    4%

  2. March fall for Greek industrial turnover is ninth in 15 months

    EconomyMacroeconomy

    After a temporary stall in February, the Turnover Index in Industry resumed a negative trend in March easing by 1.1 percent, according to the Hellenic Statistical Authority (ELSTAT). The February... 12 months. The modest decline in March by 1.1 percent is attributed to a drop in manufacturing

    4%

  3. Q2 GDP contraction at 0.3 pct, strong Q3 needed to achieve target of annual growth
    Photo by MacroPolis

    EconomyMacroeconomy

    Greek non-seasonally-adjusted GDP contracted 0.3 percent year on year (YoY) in the second quarter (Q2) of 2014 from -1.1 percent in Q1, according to the provisional data published by the Hellenic... prices fell 2.2 percent in H1, while the respective figure in real terms rose by 1.1 percent

    4%

  4. Greek trade deficit widens by 29.4 pct in July as import rate soars

    EconomyMacroeconomy

    last year. The evolution in July reflects a slight drop in exports by 1.1 percent and an increase... by a modest 1.1 percent, while the respective figure from non-EU countries grew by 19.6 percent

    4%

  5. August sees third Greek C/A surplus in a row, reaching 1.82 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    to the end-July figure. This showed a net inflow of 1.1 billion, while residents’ direct investment.... As a result, the year to date figure turned to a net outflow of 1.1 billion in the 8-month period

    4%

  6. Review completion and SMP redemptions will decide Greece's QE eligibility
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    EconomyProgramme

    As expected, ECB President Mario Draghi announced on Thursday a Quantitative Easing (QE) programme which involves an expanded asset purchase programme up to 1.1 trillion euros. The programme starts... by NB at 1.1 billion. Piraeus has the smallest GGB exposure at 0.5 billion. The ECB decided

    4%

  7. Unemployment rate at 25.7 pct in Jan, lowest since Aug 2012

    EconomyMacroeconomy

    reflects a 1.1 percent month on month (MoM) drop in the number of unemployed. The employed marginally... of employed for the second successive month to 1.1 percent in January from 1.5 percent in December

    4%

  8. A closer look at Greece's revised proposals to lenders

    EconomyProgramme

    (versus targets) of 1.1 percent for 2015 and 1.9 percent for 2016 emerged. For this shortfall to be covered, the government proposed thirteen “parametric” measures worth 2 billion euros for 2015 (1.1

    4%

  9. Greek pensions laid bare
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    Agora

    ), a figure which is almost half the 1.1 billion that was spent in 2013. The Manpower Employment Agency... reduced from the 1.4 billion of 2013 still required 1.1 billion last year. The state’s contribution

    4%

  10. Sharp drop of 4.2 pct in Greek industrial turnover in May

    EconomyMacroeconomy

    for intermediate goods, consumer durables and consumer non-durables increased by 3, 2.5 and 1.1 percent...’s Manufacturing PMI eased by 1.1 points to 46.9 points in June, indicating the second lowest

    4%