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  1. Unemployment creeps up to 27.6 pct in July; little tourism boost evident
    en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    EconomyMacroeconomy

    The seasonally adjusted unemployment rate in July edged marginally higher to 27.6 percent from 27.5 percent in June, according to data released on Thursday by the Hellenic Statistical Authority... of people that dropped out of the labour force has pushed the rate marginally higher. According to the data

    2%

  2. Greece trying to lay 'phantom' pensions to rest
    Photo by Harry van Versendaal

    Society

    this on their behalf. This process allowed the data to be gathered by the newly created Computer Center for Social... pensioners’ data. The first Ilios report in June showed that there were 2.71 million Greeks claiming

    2%

  3. Manufacturing PMI slightly down at 47.3 in October

    EconomyProgramme

    and accelerated pace in October – the fastest since June – data showed a further marked decrease in the amount... data and slower than that recorded in September. Despite lower demand for inputs, delivery times

    2%

  4. Percentage of people in Greece at risk of poverty rises, tops EU list
    Photo by Harry van Versendaal

    Society

    reasonably comfortable lives to the margins of society. The new data, which excludes the most socially... to the data, the results become even more worrying, as 34.6 percent of the population was considered

    2%

  5. Tourism turnover index slows but signs remain positive
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    . Indeed, latest Bank of Greece (BoG) data show that travel spending by non-residents to September... for the rest of the year. This was depicted at arrivals’ data (at the main airports) for September, October

    2%

  6. One in four Greeks in severe material deprivation; a eurozone outlier
    Photo by Harry van Versendaal

    Society

    to new data from the Hellenic Statistical Authority (ELSTAT). ELSTAT’s annual “Living Conditions..., especially considering that the economic situation has deteriorated further since the data’s reference

    2%

  7. Q3 unemployment in Greece still at 27 pct despite strong tourism season
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    The non-seasonally-adjusted unemployment rate eased for the second straight quarter in Q3, falling to 27 percent from 27.1 percent in Q2 and 27.4 percent in Q1, according to data released by the Hellenic Statistical Authority (ELSTAT). Quarterly figures are not comparable with monthly data, which

    2%

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

    EconomyMacroeconomy

    disposable income, with latest data showing a 9.3 percent drop in the second quarter of 2013... data. This corresponds to a total stock of 66 billion loans that are past due for more than 90 days

    2%

  9. Deposits up again in December but credit contraction continues apace

    EconomyMacroeconomy

    for savings negative flow is the continued erosion of household disposable income, with latest official data... official data. This corresponds to a total stock of 66 billion loans that are past due for more than 90

    2%

  10. Greece’s first bailout, lenders and their pledge to maintain debt exposure
    Photo by Harry van Versendaal

    EconomyProgramme

    was 12.82 percent. According to data (Page 17) from the Bank of International Settlements (BIS.... About 18 months later, the Greek exposure picture looked entirely different. BIS data (page A102

    2%