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  1. Unemployment at 27.2 pct in May, hardly changed from previous months

    EconomyMacroeconomy

    landed at 34.3 percent, down 3 pp YoY. The latter slipped to 24 percent from 24.1 percent last year

    4%
  2. Greek banks' Eurosystem funding sees reduced drop of 334 mln in July

    EconomyMacroeconomy

    Following a sharp drop by 13.88 billion euros in the preceding two months, Greek banks’ Eurosystem funding eased by just 334 million in July, according to the Bank of Greece's (BoG) monthly financial statement. The outstanding amount landed at 44.62 billion euros at the end of July, from 44.95

    4%
  3. Services help increase Greek current account surplus to 1.37 bln in June

    EconomyMacroeconomy

    . In absolute figures, the 6-month C/A deficit landed at 1.12 billion from 2.42 billion last year

    4%
  4. Greek unemployment rate hovers at 27 pct in June
    Photo by MacroPolis

    EconomyMacroeconomy

    in their jobless rates, which landed at 35.6 and 23.2 percent respectively. On the flipside

    4%
  5. Credit in Greece contracts by 3.5 pct in August

    EconomyMacroeconomy

    months, net deductions landed at 21 million. Credit contraction continues unabated since

    4%
  6. Greek credit contracts by 3.1 pct in December

    EconomyMacroeconomy

    consecutive month and landed at 212.04 billion at the end of December implying a drop by almost 6 billion

    4%
  7. Growing uncertainty weighs on Greek shares and bonds

    Economy

    Stock Exchange landed at 737.96, its lowest level since January 30. The cumulative losses

    4%
  8. National Bank posts net loss of 1.1 bln in Q4
    Photo by MacroPolis

    EconomyBanking

    ratio for the whole year landed at lower levels (56.3 percent) suggesting an improvement by 4 pps year

    4%
  9. Lower spending, extra revenues result in budget execution beating targets in March

    EconomyMacroeconomy

    in March, after a decline by 7.4 percent in February. As a result, the 3-month figure landed at 9.34

    4%
  10. Athens Stock Exchange erases losses made since elections as mood improves

    Economy

    by 1.4 percent. Turnover exceeded the 100-million-euro mark for the first time since May 3 and landed

    4%