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  1. Unemployment unchanged at 25.6 pct in Mar but number of employed still falling

    EconomyMacroeconomy

    rate reflects a drop in the number of employed and unemployed by 0.5 and 0.4 percent month on month (MoM) respectively. The movement in the jobless figure represents a MoM drop for the tenth straight... a cumulative drop of 23.5 percent or 1,083,000 fewer employed since 2008. The number of unemployed

    3%
  2. Retail sales nosedive by 8.7 pct in July amid capital controls

    EconomyMacroeconomy

    percent drop in June, the Hellenic Statistical Agency (ELSTAT) said on Wednesday. The July rate... displayed eight of the nine specialised store categories posted a drop. The highest was furniture..., while supermarket sales recorded the lowest drop (-2.3 percent). The comparison with the previous month

    3%
  3. Q4 GDP contracts 0.6 pct QoQ, recession of 0.7 pct in 2015
    Photo by MacroPolis

    EconomyMacroeconomy

    percent drop in Q3, the Hellenic Statistical Authority (ELSTAT) flash estimates showed on Friday... a drop of 1.5 percent. GDP at current prices slipped 0.7 percent QoQ in Q4, at a slower pace compared to the Q3 drop decrease of 1 percent. In addition, Q4 GDP declined 2 percent YoY, decelerating

    3%
  4. Current account deficit falls to 780 mln in Dec and 7.5 mln in 2015

    EconomyMacroeconomy

    in the C/A balance by 1.09 billion year on year (YoY) drop reflects a shrinking of the goods’ deficit... that the drop in the goods’ deficit mainly stems from a 14.6 percent decline in imports. Exports fell... percent drop in the corresponding payments led travel balance to a surplus of 40.9 million from deficit

    3%
  5. Newsletter 83 - 22/07/2016

    Newsletters

    month, diving by 13.4 percent in May in what reflects a similar drop in the manufacturing turnover... reflects a marked drop in the services surplus, attributed to lower net sea transport receipts, while... partially attributable to a 1.3-percent drop in foreign arrivals. Marking an end of era

    3%
  6. Current account surplus almost doubles to 1 bln in June
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    , the services surplus fell by 141 million from last year. The modest drop in the goods’ deficit reflects... that despite the drop in exports at current prices by 5.4 percent, the respective figure at constant..., the latter reflects a drop in arrivals by 2 percent, while we conclude that the average spending per

    3%
  7. Newsletter 111 - 17/03/2017

    Newsletters

    areas recorded a drop in Q4, with the most notable deterioration in information service (-29.6 percent..., the number of tax debtors edged up by 26,623 in January, after a short-lived drop by around 165,800... at a slower pace, by 1.13 billion in February, following a drop by 3.61 billion in the previous month

    3%
  8. Newsletter 118 - 12/05/2017

    Newsletters

    in its winter forecast released on February 13. The drop is attributed to the negative carry-over... age group (25-34 years old) posted the slowest drop of 0.1 pp, to reach 30.4 percent. Eurosystem... billion Greek banks’ Eurosystem funding continued to drop for the 22nd successive month in April, albeit

    3%
  9. Fall in apartment prices decelerates to 0.2 pct in Q1 for slowest contraction on record
    Photo by Yiannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    The drop in the nominal value of apartments in Greece came to 0.2 percent year-on-year (YoY) in the first quarter (Q1) of 2018, slowing from a revised drop of 0.4 percent in Q4 2017, Bank of Greece (BoG) data showed on Tuesday. The latest figure marks three continuous quarters during which the drop

    3%
  10. Tourism institute shows international flight seat schedule to Greece down by 7 pct in 2019
    Photo by MacroPolis

    EconomyFeatures

    that international tourist arrivals could drop by up to 7 percent in 2019. In a publication titled “The prospects... percent of tourism revenue in 2018, a drop of 7 percent in international arrivals can be expected.... It was noted that the drop comes after a 21 percent increase in scheduled seats seen between 2017

    3%