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  1. Unemployment rate eases to 25.4 pct in Feb, as number of unemployed falls
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    percent in February from 1.2 percent in January and an increased rate of drop in the number of jobless... percent in February. The jobless rate among women showed a slower drop by 1.6 pp YoY to 29.1 percent... (25-34 years) and (35-44 years) also showed a marked drop by almost 5 pp to 31.3 percent and by 2.5 pp

    3%
  2. Greek deposit rate almost stable, loan rate slightly up in May

    EconomyMacroeconomy

    the respective rate in comparable countries like Spain, Portugal and Italy. The marginal drop... in May. On corporate lending, there were two marked movements: 1) A drop by 30 bps in loans for amounts... in loans for amounts up to 250,000 euros to 6.11 percent, following a drop by 49 bps in April

    3%
  3. Unemployment rate edged up to 25.2 pct in June

    EconomyMacroeconomy

    of employed more than offsetting a marginal drop in the number of unemployed. In particular, the improving... was reversed with June indicating a 1.2 percent month on month (MoM) drop vis-à-vis a rise by 1.9... reading since May 2012. Despite the MoM drop in the first half of the year, the number of unemployed

    3%
  4. Newsletter 47 - 16/10/2015

    Newsletters

    (+0.1 percent), more than offsetting a sharp drop in investments (-10.6 percent). The provisional... October. The breakdown showed a drop in private consumption by 1.6 percent in 2015, exports by 1.5..., on the back of a drop in private consumption by 1.5 to 2 percent, a slight rise in public consumption

    3%
  5. Current account balance shows a surplus for third straight month, at 2.09 bln in August

    EconomyMacroeconomy

    stems from a drop in the goods’ (by 268 million) and primary income (by 109 million) deficits more... account deficit deteriorated by a mere 2.3 million. The breakdown displayed the double digit drop... in the services surplus by 293 million. On the goods’ front, the marked drop in the respective deficit

    3%
  6. Current account surplus widens to 838 mln in Sept on shrinking goods deficit

    EconomyMacroeconomy

    a higher drop in imports (-22.8 percent) compared to that of exports (-14.7 percent) amid capital... of 22.2 percent in the goods deficit in the 9-month period is attributed to a larger drop... in the 9-month period largely reflects a drop in net transport receipts, while travel receipts improved

    3%
  7. Current account deficit more than halves to 708 mln in March

    EconomyMacroeconomy

    offset a drop in the services surplus by 124 million. The breakdown showed the decline in the goods... slightly improved. Meanwhile, the drop in the services’ surplus is mostly attributed to a sharp decline.... The year-on-year improvement in Q1 stems from a notable drop in the goods’ deficit by 870 million

    3%
  8. ATHEX net profits down 54 percent in Q1 2016
    Photo via www.helex.com

    Economy

    unease that caused a 57 percent drop in net consolidated profits compared to 2014. The turnover... the drop in the group’s consolidated revenue were cited as the drop in both trading activity... 20 percent drop). Market liquidity, as measured by turnover velocity, went down to 45.8 percent

    3%
  9. PMI drops to 48.4 in May, new orders down at sharpest pace in 8 months

    EconomyMacroeconomy

    for Greek manufacturers. Markit noted that the worsening in May largely reflects a solid drop in new order intakes, a drop in output and job shedding. In specific, the survey showed that the rate of drop... sector started to shed jobs after creating them in the two previous months. The drop in the workforce

    3%
  10. Newsletter 79 - 24/06/2016

    Newsletters

    last year. The improvement largely reflects a decline in the goods deficit, attributed to a higher drop... the travel surplus down by 10 percent to almost 280 million. The negative movement stems from a drop... by 15.3 percent in April, which indicates the fourth straight double-digit drop and the 19th

    3%