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

    EconomyMacroeconomy

    , 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... of their recapitalisation. The composition of Eurosystem funding shows 65 percent is made up by ELA

    7%
  2. Car sales down 17 percent in February

    EconomyMacroeconomy

    . Passenger cars recorded a slower drop of 14.8 percent in February with the absolute figure landing at 5,534 making up 79 percent of road motor cars. Following the negative performance in February..., the number of car sales landed at 116,168 in 2015 corresponding to a sharp drop by 67 percent over

    7%
  3. Industrial production drops by 3 pct in February

    EconomyMacroeconomy

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

    7%
  4. Car sales rebound 3.4 pct in March
    Photo by MacroPolis

    EconomyMacroeconomy

    prefecture. Passenger cars posted a higher rise of 6.6 percent to 8,948 in March making up around 84 percent of road motor cars. Nevertheless, the double digit-drop in February led the 3-month figure... years. The sharp drop reflects a nosedive of 30 percent per annum in the 2009-12 period. As a result

    7%
  5. Industrial production falls at faster pace of 4 pct in March

    EconomyMacroeconomy

    a revised 2.5 percent drop in February, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday... of intermediate goods rebounded by 1.9 percent, while that of consumer non-durables edged up by 0.3 percent... quarter (Q1) of 2016 display IPI eased 0.8 percent on the back of a drop in mining and quarrying

    7%
  6. Trade deficit shrinks by sizable 23.7 pct in March
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    , the Hellenic Statistical Authority (ELSTAT) said on Tuesday. The drop is the biggest since... with the rate of drop in March was the highest since last October. In absolute terms, imports and exports... percent. Those to the EU edged up by 0.7 percent. Imports to non-EU countries fell by almost one third

    7%
  7. Car sales soar 24.5 pct in April
    Photo by David Rankin https://flic.kr/p/AntsE2

    EconomyMacroeconomy

    up almost 86 percent of road motor cars. The absolute figure for April also indicates the highest... for the 4-month period point to 5.2 percent rise in additional motor cars from a drop of 2.4 percent... and of 30.1 percent in 2014 following a sharp drop by 30 percent per annum in the 2009-2012 period

    7%
  8. Unemployment rate slips to 24.2 pct in February
    Photo by MacroPolis

    EconomyMacroeconomy

    April 2012. The drop in the jobless rate in February results from a rise in the number of employed... unemployment ended down to 24.8 percent in February from up to 25.7 percent in January. It is worth noting... in the Aegean Islands at 13.1 percent. The latest European Commission estimates point to a slight drop

    7%
  9. Turnover in tourism sector drops at an accelerating pace of 11.7 pct in Q1
    Photo by MacroPolis

    EconomyMacroeconomy

    percent in Q1 of 2016 after an upward revised 9.1 percent drop in Q4 2015, Hellenic Statistical... that travel receipts remained almost stable (-0.1 percent) at 515.4 million reflecting a drop in non... revenues are seen up by 800 million to 15 billion.

    7%
  10. Industrial turnover dives by 15.3 pct in April in fourth straight double-digit decrease

    EconomyMacroeconomy

    at a slower pace of 11.2 percent, but it makes up just a fraction of the total index. The industrial turnover for both the domestic and non-domestic market posted double-digit drop rates of 13 and 18.6... largely on the back of a solid drop in new order intakes and output. Markit analysts noted that “the fall

    7%