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  1. Eurosystem funding drops by another 3.9 bln in May, ELA down 2.1 bln
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding fell again in May for the 11th successive month, declining by 3.86 billion euros after a 1.88 billion drop in April, Bank of Greece's (BoG) monthly financial statement... reading since January 2015. The recorded drop in Central Bank funding in May almost equally reflects

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  2. Turnover in services sector deteriorates in Q1

    EconomyMacroeconomy

    out of the 14 services activities recorded a drop in Q1 with the most remarkable decreases... displayed a sharp drop quarter on quarter (QoQ) with the most notable nosedives in architectural

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  3. Unemployment up for second straight quarter to 24.9 pct in Q1
    Photo by MacroPolis

    EconomyMacroeconomy

    that the jobless rate fell 1.7 percentage points (pp) over the Q1 2015 rate of 26.6 percent. The drop... pace of 2.3 percentage points (pp) to 21.2 percent compared to a drop of 1.1 pp to 29.5 percent

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  4. Current account deficit narrows to 822 mln in April

    EconomyMacroeconomy

    largely stems from a drop in the goods’ deficit by 276 million coupled with an increase in the primary... change. Similarly to the April performance, the drop in the services’ surplus is mostly due

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  5. Industrial turnover dives by 15.3 pct in April in fourth straight double-digit decrease

    EconomyMacroeconomy

    turnover for both the domestic and non-domestic market posted double-digit drop rates of 13 and 18.6... largely on the back of a solid drop in new order intakes and output. Markit analysts noted that “the fall

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  6. Newsletter 80 - 01/07/2016

    Newsletters

    . Meanwhile, credit contraction remains unabated, with the drop rate accelerating slightly to 2 percent... by 3.9 percent in April, after a 4 percent drop in March. The index has been on the slide for 11

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  7. PMI falls back into contraction territory in July, landing at 48.7 pts

    EconomyMacroeconomy

    drop in new orders. New orders have been falling for 23 months while the drop in business

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  8. Minor uptick in time deposit and average loan interest rate in June

    EconomyMacroeconomy

    average rate on new loans slightly increased by 3 bps to 4.87 percent in June after a marginal drop by 1 bp in May. The slight rise in the average loan rate coupled with the marginal drop

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  9. Unemployment rate stable at 23.5 pct in May after upward revision for April
    Photo by MacroPolis

    EconomyMacroeconomy

    reduced by 2,600, albeit at a decelerating pace compared to the drop of 16,200 posted in April.... The jobless figure fell by 9,100 to 1.12 million in May, following a notable drop by 64,200 in April

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  10. Trade deficit falls by 3.1 pct in June
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    euros on the back of an 8.1 percent drop in exports to almost 12 billion coupled with a decline... with a 1.2 percent drop in exports, led the corresponding trade deficit up by 15.8 percent.

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