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

    EconomyMacroeconomy

    eased by 1.5 percentage points (pp) over the Q3 2014 rate of 25.5 percent. The rate drop reflects... of underemployed declined for the second straight quarter to 235,800 in Q3 resulting in a further drop of its

    2%

  2. Notable increase in grants to social security sector leads to budget primary deficit in Nov

    Economy

    due to double-digit drop of 15.2 percent in consumption taxes, while VAT revenues grew by 5.9 percent... largely due to a drop in VAT revenues by 1.1 percent, while consumption taxes marginally improved

    2%

  3. Time deposit rate almost stable in December, average loan rate rises 17 bps

    EconomyMacroeconomy

    in December mainly driven by a 2 bps drop in corporate overnight rate. Loans The most notable rate changes... increase in the loan rate coupled with a marginal drop in the deposit rate led the average spread

    2%

  4. Apartment prices down by 5.4 pct in Q4 and 5.1 pct over whole of 2015

    EconomyMacroeconomy

    Greek apartment prices decreased by 5.4 percent in the fourth quarter (Q4) of 2015, at a slightly decelerating pace compared to the revised 5.8 percent drop in Q3, Bank of Greece (BoG) data displayed... in the 2008-2014 period. It dropped by a relatively modest drop 1.5 percent in the 11-month period

    2%

  5. A closer look at 2015 revenues reveals size of hit they took
    Photo via Flickr https://flic.kr/p/nphVW

    EconomyMacroeconomy

    is fully attributed to a drop in direct taxes by 706 million, while indirect taxes were kept almost stable.... The breakdown showed corporate income tax rose by 240 million euros to 2.9 billion, more than offsetting a drop

    2%

  6. PMI falls 1.6 pts to 48.4 in February

    EconomyMacroeconomy

    for the first time in the last three months. Manufacturers reported a drop in output and incoming new orders.... The reported drop in new business from abroad is mostly related to transport difficulties caused

    2%

  7. Eurosystem funding down by 1.4 bln in Jan due to lower reliance on ECB funding

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding fell for the seventh successive month, albeit at a slower pace, in January, when it declined by 1.42 billion following a drop of 5.89 billion in December, the Bank.... The January figure represents the lowest reading over the last 12 months. The drop posted in January almost

    2%

  8. Newsletter 68 - 01/04/2016

    Newsletters

    been modest deposit inflows of 930 million euros. Retail sales drop accelerates Retail sales fell... and cosmetics (+0.5 percent). January’s slip in retail sales was fuelled by a drop in petrol prices. 2

    2%

  9. Unemployment rate resumes upward trend to 24.4 pct in Jan
    Photo by MacroPolis

    EconomyMacroeconomy

    movement in January reflects a drop in the number of employed to 3.61 million, the lowest since June..., a marked drop was recorded in the 25-34 age group to 30.4 percent and – to a lesser extent- in the 35-44

    2%

  10. Industrial production drops by 3 pct in February

    EconomyMacroeconomy

    posted a drop with the most notable in electricity production (-14.3 percent) followed by smaller... was manufacturing production (up 3 percent) more than offsetting a drop in electricity and water supply

    2%