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  1. 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

    3%

  2. 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

    3%

  3. 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

    3%

  4. 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

    3%

  5. 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

    3%

  6. 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

    3%

  7. 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

    3%

  8. Retail sales rebound 1.4 pct in Jan after brief fall in Dec
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index increased by 1.4 percent in January after a brief drop... with the previous month showed a sharp drop of 18.7 percent largely attributed to the seasonally high... in January after a sharp drop of 1.8 percent recorded in December. Over the last seven years, retail

    3%

  9. Deposit interest rates broadly stable in March, average loan rate down slightly
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent. The marginal drop in the time deposit rate coupled with a slight increase in the corporate... drop in the average loan rate coupled with the stable deposit rate resulted in a slight drop of 6 bps

    3%

  10. Eurosystem funding down by 535 mln in April, ELA falls for second straight month
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    the drop of 535 million euros in April is the lowest in this series, Bank of Greece's (BoG) monthly.... Almost two thirds of that marked drop (44.67 billion) relates to lower reliance on ELA funding... percent of the total withdrawn liquidity. Despite the modest drop in the ELA funding, the collateral

    3%