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Greek Q1 unemployment remains at record quarterly high of 27.8 pct
EconomyMacroeconomydeterioration year on year (YoY) in Q1 unemployment reflects a drop in the number of employed by 0.6... a 0.6 pps drop YoY. More than half of the employed are concentrated in five economic activities
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Greek banks' Eurosystem funding at lowest since Jan 2010; ELA also wiped out
EconomyMacroeconomyGreek banks’ Eurosystem funding fell by 11.3 billion euros in May, the highest monthly drop since January 2013, according to the Bank of Greece's (BoG) monthly financial statement. The headline... from 3.12 billion in April. The sharp drop in May had been communicated in Greek banks’ Q1 results
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BoG sees central gov't primary surplus to May at 1.06 bln on cash basis
EconomyMacroeconomy1.31 billion, the underlying figure stands at 16.82 billion, implying a 1.2 percent drop... smoother drop by 7.3 percent to 19.58 billion. The respective 5-month budget item stood at 19.81
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C/A deficit to April narrows by 34.7 pct boosted by services
EconomyMacroeconomyto a 3.2 percent drop in exports and a 3.5 percent increase in imports. BoG notes that the key... is excluded, the trade balance showed an improvement since the drop in imports was higher than
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Greek primary budget surplus at 707 mln as revenues beat target in May
Economypercent to 5.56 billion, in line with the target. Consumption taxes showed a higher drop at -9.5 percent... by the increased tax refunds. Moving on the cost front, the drop in primary expenditure slightly accelerated
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Credit contracts at slower rate of 3.5 pct in May, balances down to 214.3 bln
EconomyMacroeconomyof Greece (BoG). Although the YoY drop is the slowest since April 2013, the monthly net deductions.... Despite the rise in corporate lending net deductions to 801 million euros in May, the rate of drop
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Car registrations surge by 46.3 pct in June thanks to tourism, consumer confidence
EconomyMacroeconomy. There was a 6.4 percent drop in the first half of 2013. The 12-month trailing index shows a slower growth at 19... percent in each of the preceding three years. The cumulative drop of car registrations stood at 78
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Greek jobless rate remains stuck at 27.3 pct for third month
Economyunemployment figure stems from a 0.1 percent month on month (MoM) drop in the number of employed... in April, 3,600 lower than March. The cumulative drop over the past five years stands at 23.5 percent
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Greek banks' Eurosystem funding drops to 44.95 bln in June, lowest since Jan 2010
EconomyMacroeconomyof May, Eurosystem funding stood at 50.66 billion. The monthly movement is due to a drop in ECB funding... a decrease of ECB funding by 18.27 billion and ELA funding by 9.79 billion. The year to date drop is mostly
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Greece sees tourist arrivals rise 12.6 pct in May but spending fall 10.6 pct
Economydrop in travel spending per trip, which almost counterbalanced a 12.6 percent rise in international... drop in May. The more updated figures by the Association of Greek Tourism Enterprises (SETE
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