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  1. Unemployment rate stable for third month at 23.1 pct in Dec
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ) unemployment edged down to 23.6 percent in December, after a spike to 23.8 percent in November... and 22.6 percent respectively. In contrast, the OECD estimates the unemployment rate will edge down

    4%
  2. Industrial turnover surges 26.9 pct in Jan, also reflecting low base effect

    EconomyMacroeconomy

    is down 2.5 percent over the trailing 12 months. The ongoing upswing in January mostly reflects a solid... indicator published by the European Commission edged down 0.1, after rising in the previous two

    4%
  3. What Dijsselbloem didn't say
    Photo by Fosphotos

    Agora

    comment was misunderstood and put his comments down to “Dutch directness” and a strict Calvinistic culture... to prevent a potentially devastating crisis dragging down their banks, which had lent freely

    4%
  4. Alpha Bank reports net profits of 20 mln in Q4, leading full-year earnings to 42 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    profits of 42.1 million versus losses of 1.37 billion a year ago dragged down by huge impairment... to 1.2 billion in February. Gross loans edged down by almost 500 million QoQ to 60.3 billion, while

    4%
  5. NBG records net profits of 73 mln in Q4, turns profitable for whole year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    increased by 32 percent QoQ to 219 million, while the full-year figure stood at 715 million down...) ratio edged down to 16.3 percent in Q4 from 16.4 percent in Q3, while the fully-loaded Basel III

    4%
  6. Marginal drop in time deposit rate, sharp decline in corporate lending rates in Feb
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    on all new deposits down to 0.31 percent in February, a new record low for the past 15 years. Loans... loans down by 34 bps to 4.52 percent, which indicates a record low since 2002. Overall, the marked drop

    4%
  7. Net job hirings at record high of 38,517 in March, lead to positive balance in Q1
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , while that for departures edged down to 60 percent in March from 61 percent in the previous month... in Q1 edged down by 196 from the figure of 33,834 posted a year ago. The positive employment

    4%
  8. Industrial production rises at record high rate of 10.8 pct in Feb

    EconomyMacroeconomy

    . In contrast, production in consumer non-durables edged down 1.2 percent. The more detailed... (-10.6 percent). The seasonally adjusted IPI edged down 0.6 percent to 96.83 in February, which

    4%
  9. Eurosystem funding falls by 2.2 bln in March, ELA drops after brief rise in Feb

    EconomyMacroeconomy

    caused by the delay in the conclusion of the second programme review. ELA funding edged down to 42.37... edged down by 264 million to 41.9 billion in March after remaining stable in the previous month. Since

    4%
  10. Budget primary surplus falls to 1.1 bln in Q1, slightly above target
    Photo by MacroPolis

    EconomyMacroeconomy

    of 1.12 billion in February as gross revenues slowed down by more than 1.1 billion month on month (MoM... the rise in March, Q1 primary expenditure edged down 0.7 percent to 9.98 billion, 791 million lower than

    4%