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  1. Exports resumed a downward trend in July, imports up 10.1 pct

    Economy

    (YoY) readings are negative, the respective trailing index is showing a drop of 6.3 percent over... of a 4.6 percent drop in exports and a modest rise of 1.2 percent in imports.

    6%
  2. Greek banks' Eurosystem funding declines by another 53 mln in August

    EconomyMacroeconomy

    November 2009. The marginal drop in August is fully attributed to ECB funding, while the Emergency... drop by 18.66 billion on the year-end 2013 figure of 63.23 billion. ELA funding was eliminated since

    6%
  3. Industrial turnover up 0.4 pct in July for rare second straight month of growth

    EconomyMacroeconomy

    continued heading south, showing a drop of 4.4 percent. The slight increase in July largely stems from... markets slipped 2.9 percent. The latter is mainly due to a drop in the turnover for the non-euro zone

    6%
  4. Current account surplus reaches 1.68 bln in July thanks to services
    Photo by MacroPolis

    EconomyMacroeconomy

    million. This outweighed widening of the trade deficit by 211 million euros and a slight drop... by a drop in the income deficit (by 534 million) and a rise in the current transfers’ surplus (by 419

    6%
  5. Greek economic sentiment and consumer confidence fall for third month in a row
    Photo by MacroPolis

    EconomyMacroeconomy

    to -47.7 in June recording a cumulative drop of 8 points thereafter. Nevertheless, the balance since..., recording a drop of 11.6 points since August. The September figure is the lowest reading since December 2013.

    6%
  6. Greek time deposit rates fall further in August

    EconomyMacroeconomy

    bps since the end of 2013. In the outstanding (‘old’) deposits and loans, the drop in the respective average interest rates was slower, less than 7 bps in both categories. The drop of the average

    6%
  7. Tourism helps bring Greek unemployment down to 26.4 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    is an increase by 34,200 from the June figure. However, the cumulative drop over the past 5 years stands... and 45-54) posted a much lower drop YoY and landed at 35.4, 22.3 and 20.4 percent respectively

    6%
  8. Greek economic contraction during crisis higher at 24.6 pct, revised data shows
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    that: a) The drop in final consumption expenditure was almost half at -3 percent from -5.6 percent before... years (2008-2013), the most significant revisions of GDP components indicated that: a) The highest drop

    6%
  9. Greek retail turnover advanced for the third straight month, 4.5 pct in August

    EconomyMacroeconomy

    posted a drop in August, namely department stores (-8.6 percent) and furniture, electrical and household... a double-digit drop, followed by furniture, electrical and household equipment (-5.9 percent) and food

    6%
  10. European Commission says 2014 is a turning point for Greece as growth resumes

    Economy

    its GDP headline projections, its estimates on GDP components now show a slower drop in private.... The drop in unemployment in the next two years is attributed to pick-up in investment, continuation

    6%