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Building activity down by 3.5 pct in Sept for third straight fall
EconomyMacroeconomyGreek building permits fell for the third straight month in September but at a decelerating pace of 3.5 percent from 11.4 percent in August, Hellenic Statistical Authority (ELSTAT) data displayed on Friday. The September headline figure is the lowest ra...
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Unemployment edges down to 24.5 pct in Oct, lowest since May 2012
EconomyMacroeconomyGreece’s seasonally adjusted unemployment rate continued its slight downward trend easing to 24.5 percent in October from 24.6 percent in September, the Hellenic Statistics Authority (ELSTAT) latest figure displayed on Thursday. The October headline fig...
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Greek stocks down by 4.7 pct over week
EconomyThe Greek stock market shed 4.7 percent this week on slightly lighter volumes but amid continued weakness in the global markets. The Athens Stock Exchange general index fell to 558.45 on Friday bringing the year to date losses to double-digit levels to ...
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ELA funding down by 8.6 bln in Dec for sharpest drop since July
EconomyMacroeconomyGreek banks’ Eurosystem funding continued heading south for the sixth straight month dropping by 5.89 billion in December after a 5.98 billion fall in November, Bank of Greece's (BoG) 2015 balance sheet showed on Monday. In absolute terms, Central Bank ...
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Greek stocks down by 8.9 pct over week amid concerns of slow review
EconomyGreek shares slumped 8.9 percent this week largely on lack of progress in negotiations with the institutions and concerns the conclusion of the review could be delayed until April. Meanwhile, the negative performance of European - and particularly Itali...
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Unemployment down slightly to 24.6 pct in November
EconomyMacroeconomyGreece’s seasonally adjusted unemployment rate eased to 24.6 percent in November from an upward revised 24.7 percent in October, the Hellenic Statistical Authority (ELSTAT) labour force survey showed on Thursday. The November headline figure, along with...
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Apartment prices down by 5.4 pct in Q4 and 5.1 pct over whole of 2015
EconomyMacroeconomyGreek apartment prices decreased by 5.4 percent in the fourth quarter (Q4) of 2015, at a slightly decelerating pace compared to the revised 5.8 percent drop in Q3, Bank of Greece (BoG) data displayed on Monday. The headline figure for Q4 represents the ...
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Eurosystem funding down by 1.4 bln in Jan due to lower reliance on ECB funding
EconomyMacroeconomyGreek banks’ Eurosystem funding fell for the seventh successive month, albeit at a slower pace, in January, when it declined by 1.42 billion following a drop of 5.89 billion in December, the Bank of Greece's (BoG) monthly financial statement displayed o...
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Car sales down 17 percent in February
EconomyMacroeconomyAfter rising in the preceding three months, the number of road motor vehicles going into circulation for the first time fell by 17 percent in February, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. February’s was just the the third neg...
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Building activity advances 5.1 pct in Dec, down 0.9 pct in 2015
EconomyMacroeconomyGreek building permits grew for the second straight month in December, when they rose by 5.1 percent from 7.2 percent in November, Hellenic Statistical Authority (ELSTAT) figures showed on Friday. The respective building surface and volume soared 25.9 a...
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