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  1. Industrial production up again in April but at slower rate of 0.4 pct

    EconomyMacroeconomy

    a drop in April, namely energy (-1.8 percent), capital goods (-1.6 percent) and consumer durables...) and tobacco products (+24 percent). On the flipside, four sectors recorded a drop in their production above

    2%
  2. Unemployment edges up for second consecutive quarter in Q1, reaches 26.6 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    ) year on year (YoY). The YoY improvement mainly reflects a drop in the number of jobless by 5.2...) fell by 2.7 pp YoY to 39.7 percent. The 30-44 age group posted a drop in the unemployment rate by 1 pp

    2%
  3. Greek pensions laid bare
    Photo by MacroPolis

    Agora

    billion. The combined total corresponded to 9.6 percent of GDP. Despite a sharp drop of 21 percent... this period. The biggest annual drop was recorded in 2013 when the full impact of the last pension cut

    2%
  4. Industry turnover down by 2.3 pct in April for sixth straight fall

    Economy

    Authority (ELSTAT). The April headline figure is the sixth straight monthly drop and the eleventh...-domestic market rose by 2.3 percent. The breakdown of the latter showed a marginal drop (-0.2 percent

    2%
  5. Economic sentiment down 0.7 pts in June, consumer confidence also falls

    EconomyMacroeconomy

    the drop by more than 16 points on the last four months, the year to date balance remains positive... showed a drop in June: The industry confidence eased by 1.1 points to -14.1 more than offsetting

    2%
  6. June deposit outflow rises to 7.58 bln as total balance drops to lowest in 12 years

    EconomyMacroeconomy

    corresponding to a sharp drop by more than 26 percent on the end-November balance of 164.3 billion. Almost... to the outflows recorded in May. The sharp drop of total deposits by 10.67 billion in June led to a similar rise

    2%
  7. Parliament's budget office rings alarm bell on economic prospects

    EconomyMacroeconomy

    from an anticipated sharp drop in consumption. In particular, based on the Q3 2014 GDP of 46.8... an immediate GDP contraction of 2.8 billion per week, or 1.5 percent drop in the annual GDP. A slower

    2%
  8. More than half of small businesses saw turnover dive by at least 50 pct due to capital controls
    Photo by MacroPolis

    Economy

    reported a drop in their turnover of more than 50 percent, with 32 percent indicating a decline... on holiday this summer, which is the highest percentage ever recorded and highlights the sharp drop

    2%
  9. CPI falls by another 2.2 pct in July as VAT rises yet to be recorded
    Photo by MacroPolis

    EconomyMacroeconomy

    The rate of drop in the Greek consumer price index (CPI) remained at 2.2 percent for the second straight month in July, according to the Hellenic Statistical Authority (ELSTAT). As a result, the CPI... throughout the course of the year so far. The 12-month trailing index indicates a drop in CPI by 1.9

    2%
  10. Greek stocks down 15.2 in first week of trading after market closure

    Economy

    The reopening of the Athens Stock Exchange on Monday after a 5-week closure due to the capital controls was accompanied by a sell off exceeding 16 percent on the first trading session. The drop... million and a double-digit drop (-16.9 percent) in EBITDA to 44 million. On Thursday, the Hellenic

    2%