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Unemployment rate eases to 24.1 pct in March, lowest in four years
EconomyMacroeconomyfell by a much slower pace of 0.6 pp to 28.8 percent. The breakdown by age showed a drop... percent. The latest European Commission estimates point to a slight drop in the unemployment rate to 24.7
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Eurosystem funding drops by another 3.9 bln in May, ELA down 2.1 bln
EconomyMacroeconomyGreek 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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Turnover in services sector deteriorates in Q1
EconomyMacroeconomyout 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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Unemployment up for second straight quarter to 24.9 pct in Q1
EconomyMacroeconomythat 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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Current account deficit narrows to 822 mln in April
EconomyMacroeconomylargely 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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Industrial turnover dives by 15.3 pct in April in fourth straight double-digit decrease
EconomyMacroeconomyturnover 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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Deposit flow turns positive in May with inflows of 184 mln
EconomyMacroeconomystraight month by 3.86 billion euros to 95.71 billion in May. The monthly change reflects a drop... by 3.9 billion until July 6, which indicates the sharpest drop since December. The last ECB decision
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Newsletter 80 - 01/07/2016
. 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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Newsletter 81 - 08/07/2016
). The recorded drop reflects a rise in the number of employed by 25,600 from the previous month and a drop in the number of jobless by 21,000. The primary cash surplus markedly widened to 2.5 billion
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PMI falls back into contraction territory in July, landing at 48.7 pts
EconomyMacroeconomydrop in new orders. New orders have been falling for 23 months while the drop in business
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