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  1. Unemployment rate edges down to 23 pct in October, lowest in 4.5 years
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    to an increase in the number of employed by 50,300 coupled with a drop in the jobless number by 80,700... decline to 22.1 percent in the previous month. The upward trend largely reflects a notable drop

    2%

  2. In latest review of loan quality, BoG says capital ratios to remain high after targeted NPE reduction
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    . The drop reflects a reduction in participations by 27.44 billion, mostly due to the sale of Finansbank... to a drop in performing loans by 3.2 percent, while net loans contracted at a slower pace of 1.6 percent

    2%

  3. Industrial turnover rebounds 2 pct in November

    EconomyMacroeconomy

    Greece’s Turnover Index in Industry rebounded by 2 percent in November after an upward revised drop of 2.9 percent in October, Hellenic Statistical Authority (ELSTAT) data displayed on Thursday... by a drop for non-euro area countries by 3.6 percent. Three of the five main industrial groupings recorded

    2%

  4. Newsletter 103 - 20/01/2017

    Newsletters

    permits drop in October after 3-month rise Breakdown reveals high regional deviation in building trends... in industry rebounded by 2 percent in November after an upward revised drop of 2.9 percent in October

    2%

  5. Eurosystem funding falls by 1.9 bln in Dec, down by 60 bln since July 2015
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    in Central Bank funding in December mostly reflects a drop in the Emergency Liquidity Assistance (ELA..., before the signing of the third bailout programme. Almost half of the cumulative drop of 43.1

    2%

  6. Number of new companies registering in 2016 half of those in 2008
    Photo by Natasha Pantazopoulou/Fosphotos

    Economy

    in 2012. The negative balance in 2016 largely reflects a sharp drop in the number of new companies... technology (ICT) saw a drop in the number of new companies by 38 and 27 percent respectively. The biggest

    2%

  7. Minor fluctuations in deposit and loan interest rates in December

    EconomyMacroeconomy

    Greek households’ new time deposit rate edged down by 1 basis point (bp) to 0.70 percent in December after a higher drop by 5 bps in November, Bank of Greece (BoG) data displayed on Thursday... average rate of 0.45 percent. Meanwhile a sharper drop in the overnight interest rates for both

    2%

  8. Greece in inflation for first time since Feb 2013 as CPI rises 1.2 pct in Jan

    EconomyMacroeconomy

    CPI decreased 0.8 percent, largely due to a sharp drop in clothing and footwear prices by 24.5 percent... percent, at a slower pace compared to the drop of 1.7 percent in 2015. All recent forecasts point

    2%

  9. Turnover indices in most service activities deteriorate in Q4

    EconomyMacroeconomy

    The majority of the turnover indices for the services sector recorded a drop in the fourth quarter (Q4) of 2016, after a rebound in the previous quarter, Hellenic Statistical Authority (ELSTAT) figures showed on Wednesday. Specifically, 11 out of the 14 services activities posted a drop in Q4

    2%

  10. NBG records net profits of 73 mln in Q4, turns profitable for whole year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    was reduced for the third successive quarter by 900 million QoQ bringing the cumulative drop in the NPE.... A higher QoQ drop was posted in the Greek ratio, which declined to 33.8 percent from 35.4 percent

    2%