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  1. PMI unchanged in Feb, shows signals of weakening domestic demand
    Photo via https://flic.kr/p/2b7ecKE

    EconomyMacroeconomy

    that although operating conditions continue to improve, the rate was softer. Despite a steeper increase... sales but at the slowest rate since November. Employment increased at the fastest pace in nine months... at the fastest rate since December 2023. Input costs surged at the steepest rate since November 2022 due

    6%

  2. Greek unemployment rose to new high of 27.9 pct in June

    EconomyMacroeconomy

    for the second quarter indicate the unemployment rate soared by 3.5pp yoy to a new quarterly high at 27.1... rate at 31.9 percent, while male unemployment is just shy of 25 percent. Despite a drop to 59... reduction in the unadjusted rate is attributed to the seasonally high tourism and it is not yet clear

    5%

  3. We need to talk about unemployment

    Agora

    at 27.8 percent this year and a higher rate of 28.4 percent in 2014. Equally, the Bank of Greece... this year and does not foresee a reduction before 2015, which suggests the rate will hover at 28 percent – not far from OECD’s projections. Considering the unemployment rate in February reached 27 percent

    5%

  4. When will Greek banks operate as credit institutions again?
    Photo by Harry van Versendaal

    Agora

    bank branch in Frankfurt with a maturity of five years will currently have to pay an interest rate... of the past years, would currently have to pay for the same credit line an interest rate ranging... be used · To finance the ‘real economy’; · Maintain an annual growth rate of 3-4 per cent of overall

    5%

  5. Manufacturing PMI in Greece hits a 51-month high in November

    EconomyMacroeconomy

    . Nevertheless, with consumer goods firms recruiting additional staff, the overall rate of job losses... modest, the rate of inflation was sufficient to reverse the slight decrease in input prices evident... and associated efforts to boost sales. The rate of decline in factory gate prices was solid, albeit

    5%

  6. Greek trade deficit narrowed 11 pct in 2013 but exports marginally negative
    Photo by MacroPolis

    EconomyMacroeconomy

    with a 20.5 percent decline. The slower negative rate in the last three quarters of 2013 is attributed to exports decreasing at a higher rate than imports. The high single-digit drop in December reflects.... Excluding the impact of the oil products, imports fell at a slightly higher rate (down 11.8 percent), while

    5%

  7. Who benefits from Greece’s return to the markets?
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Agora

    ), the interest rate for ten-year Greek debt declined below the six percent benchmark - a first after... government’s capacity to save on interest rate payments. In 2014 Greece must refinance a volume of roughly 14 billion euros worth of T-Bills. Instead of paying a yield of three percent, a decline in the rate

    5%

  8. Manufacturing PMI rises again, reaching 51.1 in April

    EconomyMacroeconomy

    , the rate of growth in production reaccelerated in April. Production growth registered a positive... sharply amid competition for new business and promotional activity. The rate of output prices... in April, while the rate of decline in backlogs slowed to the lowest in three months. “April headline

    5%

  9. Significant post-election economic challenges await Greek coalition

    Economy

    a conversion of the Greek Loan Facility (GLF) variable rate (currently at Euribor plus 50 basis points... in the first quarter (Q1) of 2014, the slowest rate of decline since Q1 2010. Greece has experienced... rate is in excess of 34 percent. The official sector projects Greek unemployment will ease

    5%

  10. Eurostat 2012 figures raise questions about Greece's tax policy

    Economy

    taxes fell by 1.5 and 3.2 pps respectively. The implicit tax rate on labour in Greece soared..., the Greek implicit consumption tax rate remained flat year on year at 16.2 percent remaining 3 pps... revenue-to-GDP ratio fell short by almost 7 pps. Given the in-line implicit labour tax rate

    5%