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Cost of Greek corporate loans rises in April, remains well above euro average
EconomyMacroeconomythe sharp drop in 2013, the interest rate in Greek new time deposits remains persistently above... a drop in corporate and household lending by 4.8 and 3.2 percent respectively.
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Unemployment rate edges down for sixth straight month to 26.8 pct in March
EconomyMacroeconomy. The YoY drop in the number of employed further decelerated to 0.3 percent in March, the slowest rate since... the 25-percent mark. The European Commission and the International Monetary Fund both estimate a drop
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Greek Q1 unemployment remains at record quarterly high of 27.8 pct
EconomyMacroeconomydeterioration year on year (YoY) in Q1 unemployment reflects a drop in the number of employed by 0.6... a 0.6 pps drop YoY. More than half of the employed are concentrated in five economic activities
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Greek banks' Eurosystem funding at lowest since Jan 2010; ELA also wiped out
EconomyMacroeconomyGreek banks’ Eurosystem funding fell by 11.3 billion euros in May, the highest monthly drop since January 2013, according to the Bank of Greece's (BoG) monthly financial statement. The headline... from 3.12 billion in April. The sharp drop in May had been communicated in Greek banks’ Q1 results
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BoG sees central gov't primary surplus to May at 1.06 bln on cash basis
EconomyMacroeconomy1.31 billion, the underlying figure stands at 16.82 billion, implying a 1.2 percent drop... smoother drop by 7.3 percent to 19.58 billion. The respective 5-month budget item stood at 19.81
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Credit contracts at slower rate of 3.5 pct in May, balances down to 214.3 bln
EconomyMacroeconomyof Greece (BoG). Although the YoY drop is the slowest since April 2013, the monthly net deductions.... Despite the rise in corporate lending net deductions to 801 million euros in May, the rate of drop
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Greek jobless rate remains stuck at 27.3 pct for third month
Economyunemployment figure stems from a 0.1 percent month on month (MoM) drop in the number of employed... in April, 3,600 lower than March. The cumulative drop over the past five years stands at 23.5 percent
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Greek banks' Eurosystem funding drops to 44.95 bln in June, lowest since Jan 2010
EconomyMacroeconomyof May, Eurosystem funding stood at 50.66 billion. The monthly movement is due to a drop in ECB funding... a decrease of ECB funding by 18.27 billion and ELA funding by 9.79 billion. The year to date drop is mostly
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Greece sees tourist arrivals rise 12.6 pct in May but spending fall 10.6 pct
Economydrop in travel spending per trip, which almost counterbalanced a 12.6 percent rise in international... drop in May. The more updated figures by the Association of Greek Tourism Enterprises (SETE
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UnLuCky for some: Another painful lesson from the euro crisis
Agorainto freefall, revenues drop and expenses for a social safety net are required - a combination which has... in the current account came purely from the economic depression and the drastic drop in demand
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