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  1. Industrial production back on downward trajectory with 1.9 pct drop in Oct

    EconomyMacroeconomy

    by 3 points to -16.6 in November. However, the year to date balance indicates a marked drop by 13.6... in computers, electronic and optical products (-32.5 percent), repair and installation services

    4%

  2. Unemployment rate fell further to 24 pct in Q3 on seasonally increased employment
    Photo by MacroPolis

    EconomyMacroeconomy

    the salary-employed flow in the private sector, showed the net employment balance was positive at 91,784..., followed by agricultural at 12.6 percent, accommodation and food services at 9.9 percent, manufacturing

    4%

  3. Deadline for liberalisation of household and SME NPLs looms closer

    Economy

    . Almost half of NPEs (49.4 percent) are covered by accumulated provisions in Greek banks’ balance sheets... and regulation of non-bank NPL services providers. These entities must be based in Greece or in the EU

    4%

  4. General gov't primary cash surplus climbs to 1.3 bln in Jan, arrears resume upward trend
    Photo by MacroPolis

    EconomyMacroeconomy

    suit, recording a rise in their primary surplus by 180 million to 202 million. The balance of social... remained broadly stable at 1.22 billion, while purchases of goods and services eased by 44 million

    4%

  5. Net private sector hirings of 29,351 in March, highest in last 15 years
    Photo by MacroPolis

    EconomyMacroeconomy

    The employment balance showed net hirings of 29,351 in March 2016, up by 7,038 from last year, the Labour Ministry’s information system (Ergani) data displayed on Monday. This is the third straight... accommodation (+8,422), food and catering services (+3,075) and retail trade (+2,788). In terms of professions

    4%

  6. General gov't primary cash surplus widens to 3.2 bln in March, arrears jump to 6.7 bln

    EconomyMacroeconomy

    budget stood at 2.31 billion and remains the key contributor to the overall balance. Extrabudgetary funds... unchanged at 3.8 billion and 982 million respectively, while purchases of goods and services slipped

    4%

  7. General gov't primary cash surplus for Jan-Apr quadrupled to 2.6 bln, arrears stable at 6.7 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    to the overall gg balance. Extrabudgetary funds are following suit with a surplus of 914 million... of goods and services stood at 1.35 billion, up by 64 million from last year and transfers at 1.28

    4%

  8. Technical MoU provides more detail on fiscal brake, arrears and privatisations

    EconomyProgramme

    the calculation of the general government primary cash balance and the total adjustment will not exceed 0.2... in pensions, 45 percent in (public sector) wages and salaries and 19.3 percent in goods and services

    4%

  9. Net job hirings rise again, reaching 19,281 in July - highest since 2001
    Photo by MacroPolis

    EconomyMacroeconomy

    The employment balance was kept positive for the sixth successive month with net hirings reaching 19,281 in July 2016 from net departures of 16,658 a year ago, the Labour Ministry’s information... percent of departures in July. The largest contributors to July net hirings were food services

    4%

  10. Drop in arrivals and spending impinge on H1 travel receipts
    Photo by MacroPolis

    EconomyMacroeconomy

    The balance of travel services in June posted a surplus of 1.72 billion euros, a decline of 3.6 percent compared to the surplus of 1.78 billion in the same period last year, according to data released by Bank of Greece on Monday. Travel receipts dropped year on year by 5.4 percent to 1.85 billion

    4%