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  1. Unemployment rate drops again in Q3, reaching 22.6 pct
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percentage points (pp) from the Q3 2015 figure of 24 percent. This reflects a drop in the number... displayed the most marked drop of 4.6 pp to 44.2 percent was recorded among youth (15-24 years old... jobless (more than 1 year) rose to 806,300 in Q3 after a marked drop in the previous month

    5%
  2. Current account balance turns to deficit of 198 mln in Oct
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    showed on Wednesday. The deterioration is attributed to a drop in the primary and secondary income... percent to 1.24 billion. This mostly reflects a sharp drop in the services surplus by 1.69 billion... increased, the BoG said. The drop in the services’ surplus mostly relates to a marked decrease

    5%
  3. CPI stays flat in December, falls by 0.8 pct in 2016
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Τhe Greek Consumer Price Index (CPI) remained stable in December following a drop of 0.9 percent... in December after a short-lived drop of 0.2 percent in November. Prices of main groups of goods and services... successive year in 2016, when the CPI fell by 0.8 percent following a drop of 1.7 percent, which

    5%
  4. Current account deficit of 1.2 bln in Nov turns 11-month balance negative
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    a sharp drop in the services surplus by 1.85 billion and to a lesser extent a worsening... at 15.07 billion on the back of a drop in imports by 3 percent to 37.33 billion, while exports also.... The corresponding liabilities declined by 85 million largely due to a drop in non-residents’ holdings of Greek

    5%
  5. Disposable income drops by 2.3 pct in Q3 on sharp rise in taxes
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ) of 2016, when it decreased by 2.3 percent compared to a slight drop of 0.3 percent recorded in Q2... billion euros in Q3 still entails a sharp drop of 32.6 percent or 6.89 billion below that in Q3 2010... soared 19 percent to 3.23 billion in Q3 after a short-lived drop by 1.1 percent in Q2. Since 2009

    5%
  6. General gov't primary cash surplus up to 5 bln in 2016, arrears fall by 1.1 bln in Dec
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of 2016. Specifically, arrears peaked at 7.41 billion last June and have recorded a cumulative drop... on month drop in December arrears involves SSFs (-349 million), hospitals (-308 million) and tax refunds...-residents (excluding EFSF/ESM/IMF) by 303 million more than offsetting a drop in EFSF/ESM/IMF loans by 282

    5%
  7. Current account deficit widens to 933 mln in December, 2016 balance turns to deficit of 1.1 bln
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    to a significant drop in the services surplus by 1.61 billion and to a lesser extent a worsening in the primary... to that of exports. The marked drop in the services’ balance largely reflects a significant decrease... bonds and T-Bills, which more than offset a drop in their foreign equity holdings

    5%
  8. Q4 GDP contracts 1.2 pct QoQ, leading to recession of 0.1 pct for 2016
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    contraction in Q4 mostly reflects a drop in general government consumption by 2.1 percent and in exports... (EC) forecast pointed to a rise in household consumption of 0.6 percent in 2016 and a drop in public... due to a sharp drop in services by 7.4 percent that more than offset a rise in goods by 3 percent

    5%
  9. General govt primary cash surplus improves to 1.4 bln in Jan, arrears rise to 4.8 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The biggest drop was recorded in the extrabudgetary funds, where the primary surplus dropped... revealed revenues fell by 149 million to 6.03 billion, mostly reflecting a sharp drop in transfers... billion. The drop largely reflects a decline in repos by 308 million, mitigated by an increase in other

    5%
  10. Unemployment rate stable for third month at 23.1 pct in Dec
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of employed by 10,900 and a drop in the jobless number by 60,500. Τhe non-seasonally adjusted (NSA... to 27.6 percent. The most notable drop - by around 5 pp - was recorded among youth (15-24 years old... and institutions expected a drop in the unemployment rate in 2017, but there is a significant divergence

    5%