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  1. Unemployment rate edges down to 23.4 pct in June, lowest since March 2012
    Photo by MacroPolis

    EconomyMacroeconomy

    on month, exceeding a drop of 13,600 in the previous month and reached 3.68 million in June. At the same... half of this drop, falling by 1 pp to 27.8 percent in June. The breakdown by age displayed lower rates for most age groups compared to last year. The most notable drop of 3.3 pp to 19.5 percent

    3%
  2. CPI drops by 0.9 pct in August

    EconomyMacroeconomy

    eased 0.1 percent, following a drop of 0.9 percent in the previous month. The movement in August... (+6.3 percent). The comparison with the previous month points to a slight drop of 0.3 percent in CPI, largely reflecting a drop in clothing and footwear prices by 6.2 percent attributed to the summer

    3%
  3. Eurosystem funding falls by another 4.4 bln in August
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    funding makes up 37.7 percent. The reduction in Eurosystem funding led to a similar drop in pledged... is the highest monthly drop since the upswing initiated in December 2014. The absolute figure landed... in circulation headed south for the fourth straight month in August with a cumulative drop of 2.39

    3%
  4. Unemployment rate falls to 23.1 pct in second quarter, lowest since Q2 2012
    en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    EconomyMacroeconomy

    million and a drop in the number of unemployed by 68,000 to 1.11 million. It is worth noting... pace of 1.9 pp to 19.4 percent compared to the 0.6 pp drop to 27.6 percent among women. The breakdown... of long-term unemployed to total jobless edged up to 72.2 percent in Q2 after a marked drop to 70.3

    3%
  5. Newsletter 88 - 16/09/2016

    Newsletters

    (ELSTAT) figures showed. The year-on-year drop stems from a rise in the number of employed by 77,100... of Greece (BoG) said on Wednesday. The monthly drop reflects a downward movement in both emergency... and a drop in the number of unemployed by 68,000 to 1.11 million. This means the number of employed

    3%
  6. Newsletter 89 - 23/09/2016

    Newsletters

    after a downward revised drop of 8.2 percent in June, the Hellenic Statistical Authority (ELSTAT... million coupled with a drop in exports by 66 million. The services surplus fell by 139 million, mostly due... well below the levels of the last two years, while the drop in exports largely reflects a decline

    3%
  7. Draft budget sees primary surplus at 1.8 pct of GDP in 2017, revenue interventions of 2.5 bln

    EconomyMacroeconomy

    will contract 0.3 percent in 2016, in line with the European Commission forecast, due to a drop in private... rate of 5.9 percent to 26.27 billion in 2017. Primary expenditure is projected to drop 2.7 percent... to 318.67 billion, but the debt ratio is projected to drop to 174.8 percent due to the rise

    3%
  8. Newsletter 91 - 07/10/2016

    Newsletters

    to the private sector fell for the second successive month by 629 million in August, bringing the total drop... adjusted unemployment rate remained stable at 22.6 percent in July, on the back of a drop of 15,600... in 86th place out of 138 countries. This ranking corresponds to a drop of five places for Greece

    3%
  9. ELSTAT revises nominal 2015 GDP contraction to 1.3 pct

    EconomyMacroeconomy

    (ELSTAT) revised downward the drop in nominal GDP to 1.3 percent from the 0.9 percent initially... consumption fell at a higher pace of 1.9 percent in 2015 compared to the drop of 0.9 percent estimated last..., from drop of 3.8 percent before, while imports also edged up 0.3 percent from decline of 6.9 percent

    3%
  10. In autumn forecasts, EC sticks by GDP estimates but expects lower unemployment
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    . However, EC updated its estimates on the GDP components and is now expecting private consumption to drop... conditions and EU funding. After a drop by 4 percent in 2016, exports are estimated to rise by 3.6... 178.8 percent previously). For 2018, Brussels estimates a notable drop to 172.4 percent of GDP

    3%