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  1. Newsletter 231 -06/12/2019

    Newsletters

    by exports. PMI at 54.1 points in November Rise in foreign orders pushes increase in index Surveyed... growth picked up to a six-month high. Greece’s manufacturing PMI rose to 54.1 points in November, up

    3%
  2. Unemployment edges down to 16.8 pct in September
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    Ergani database for November showed that there were 30,559 more firings than hirings. Compared.... The activity between January and November this year stemmed from hirings of 2,630,642 versus departures

    3%
  3. Industrial turnover drops by 7.4 pct in October
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyMacroeconomy

    . In other indicators, November’s PMI index came to 54.1 points, from 53.5 in October, with foreign... confidence edged down by 0.5 points month-on-month in November to 1.4 points. Year-on-year, industry

    3%
  4. Criminal justice system deemed too weak to fight corruption
    Photo by Joe Gratz via Flickr https://flic.kr/p/bkUna

    Society

    penalties as of November 2019. However, the report notes that offences committed between June and November 2019 will still be considered misdemeanors rather than felonies, which could have retroactive

    3%
  5. Overall loan interest rate edges up to 4.34 pct in Nov

    EconomyMacroeconomy

    The overall weighted average interest rate on all new loans to households and non-financial corporations came to 4.34 percent in November, up by 2 basis points (bps) from the rate of 4.32 noted... million in November from 214 million in the previous month. Deposits The overall weighted average

    3%
  6. Unemployment edges down to 16.6 pct in October
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    database for November showed that there were 30,559 more firings than hirings. Compared to the same... between January and November this year stemmed from hirings of 2,630,642 versus departures of 2,499,332.

    3%
  7. Budget primary surplus at 4.96 bln in Dec, beating annual target

    EconomyMacroeconomy

    to a deficit of 1.99 billion euros compared to a monthly surplus of 1.21 billion noted in November... in December compared to 3.27 billion euros in November. Interest payments came to 5.23 billion, below

    3%
  8. Budget primary surplus confirmed at 5.02 bln in Dec
    Photo by MacroPolis

    EconomyMacroeconomy

    of 1.93 billion euros compared to a monthly surplus of 1.21 billion noted in November. The budget balance... expenditure came to 6.13 billion in December compared to 3.27 billion euros in November. On an aggregate

    3%
  9. Perceived corruption in Greece wanes but remains above global average
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    stronger penalties as of November 2019. However, the report notes that offences committed between June and November 2019 will still be considered misdemeanors rather than felonies, which could have

    3%
  10. General govt primary cash surplus at 9.45 bln in Dec, arrears fall by 195 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    (including tax refund arrears) dropped by 315 million compared to November and came to 1.95 billion.... Guarantees The stock of gg guarantees fell by 376 million compared to November and came to 11.73

    3%