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  1. Newsletter 307 - 10/09/2021

    Newsletters

    of 2019 and had endured five continuous quarters of GDP drop, with the sharpest on record in Q2 last... an impressive drop in bad loans on banks’ balance sheets, with the NPE ratio dropping to 21.3 pct... of business loans. The impressive quarterly drop was led by 10 billion euros by Alpha Bank and 13.5

    3%
  2. Impact of pandemic, lockdowns reflected in lower household spending during 2020
    Photo by MacroPolis

    Society

    expenditure in 2020 came to 15,982 euros per year, or 1,332 euros per month, a drop of 9.9 pct... by 62.7 pct. Recreation and culture follow with a drop of 54.5 pct and restaurants, cafes and hotels down.... As expected, restaurants and cafes saw their share drop significantly by 3.1 points to 8 pct. Recreation

    3%
  3. Newsletter 332 - 18/03/2022

    Newsletters

    this has not yet translated into a significant or sudden drop in support for ND, the fact that its... over the last few quarters, which saw the stock of main pensions applications drop from the high... of unemployed remaining below the 600,000-mark, noting a drop of 17.4 pct annually. Import Prices

    3%
  4. Unemployment remains at 12.8 pct in Feb, lowest since summer 2010

    EconomyMacroeconomy

    to 603,025, a drop of 14.2 percent. For the first time since March 2010, unemployment temporarily... the rate for men stood at 10.1 percent, a drop of 3.2 pps year-on-year. Youth unemployment dropped... in the same period last year, a drop of 24,974 job postings.

    3%
  5. Unemployment dips to 11.8 pct in Sep for lowest rate since 2010
    Photo by MacroPolis

    EconomyMacroeconomy

    of the year did not see the desired drop given the seasonality of the labour market and the solid tourism... to 556,324, a drop of 10.5 percent. Unemployment is now consistently below the 600,000-mark, approaching... percent, a drop of 0.4 pps year-on-year. Youth unemployment rose by 2.3 pps year-on-year to 28.5 percent

    3%
  6. Public debt records back-to-back quarterly drops, falling to 393.49 bln in Q3
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s central government debt recorded a small drop of roughly 700 million euros in the third quarter of the year to 393.49 billion euros, after falling by 365 million to 394.18 billion euros... debt movements reflect a drop of 1.5 billion euros in bonds and a small drop in loans related

    3%
  7. Unemployment drops to 11.6 pct in Oct, lowest since 2010
    Photo by MacroPolis

    EconomyMacroeconomy

    quarter of the year did not see the desired drop given the seasonality of the labour market..., amounting to 542,941, a drop of 12.6 percent. Unemployment is now consistently below... stood at 8.4 percent, a drop of 1.6 pps year-on-year. Youth unemployment dropped by 5 pps year

    3%
  8. Tracking Greece's fiscal performance
    Photo by MacroPolis

    Agora

    (and the drop in debt relative to GDP) will persevere. The primary balance. Figure 2 shows the general... on the debt has fallen over time from 6.6 percent in 2000 to 1.3 percent in 2022-Q2. The drop in nominal... on government borrowing dropped precipitously through 2008. This sharp drop in real borrowing costs

    3%
  9. Rise in import prices slow further to 15.7 pct YoY in Nov
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    , the index posted a sharp drop of 7.4 percent, after a rise of 1.5 percent in the previous month. The index now has four monthly contractions since May, recording the sharpest monthly drop since March 2020... percent increase. The monthly movements were led by a 20.6 percent drop in electricity and gas

    3%
  10. Deposits record growth of 5 bln in Dec, balance at highest since summer 2011
    Photo via https://flic.kr/p/MsYXsT

    EconomyMacroeconomy

    with a jump of 5 billion euros, after a drop of 591 million euros in November, based on Bank of Greece (BoG) figures released on Friday. After the first back-to-back drop since March this year, December... billion euros to 196.74 billion euros, after a drop of 694 million euros in November.

    3%