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  1. Eurobank's NII jumps by 56.2 pct in H1 to more than 1 bln
    Photo by MacroPolis

    EconomyBanking

    Eurobank posted an adjusted net profit of 598.5 million euros in H1 2023, compared to a profit of 755 million euros last year, a drop of 20.7 percent. The profit was adjusted by normalising other... and restructuring costs. Net profit was 684 million euros vs. 940.7 million euros in 2022, a drop of 27.3

    2%

  2. Unemployment rate hits 11.1 pct in June as recovery loses steam
    Photo by MacroPolis

    EconomyMacroeconomy

    , amounting to 523,409, a drop of over 10 percent. Unemployment is now approaching the half million-mark..., a drop of just 0.2 pps year-on-year. Youth unemployment dropped by 8 pps year-on-year to 23.6 percent

    2%

  3. CPI resumes upward trajectory in July, food inflation at 12.3 pct
    Photo via Flickr https://flic.kr/p/6KMfsR

    EconomyMacroeconomy

    by 5.2 percent and health increased by 7.8 percent. These were partially offset by a sizable drop... there was a notable drop in electricity that was down 16.2 percent annually, while natural gas also

    2%

  4. Industrial production drops for first time in 2023, down 3.6 pct in June
    Image via www.viohalco.com

    EconomyMacroeconomy

    ), the seasonally adjusted index in June recorded a drop of 1.5 percent, after a contraction of 0.6 percent... percent and 0.6 percent in manufacturing. The manufacturing index drop was in coke and refined

    2%

  5. Economic sentiment improves marginally in Aug, consumer confidence takes 7-point tumble

    EconomyMacroeconomy

    unchanged at 115.3 points in August, after a sharp drop of more than 8 points in July. The EEI is up... a 6.6-point drop to 38.4, after an 8.4-point rise in July. Services confidence is now 4.5 points

    2%

  6. Strong tourism season has little impact on unemployment, hovering at 10.8 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    compared with the same month of 2022, amounting to 512,721, a drop of 12.5 percent. Unemployment... the rate for men stood at 8.7 percent, a drop of 0.7 pps year-on-year. Youth unemployment dropped by 6

    2%

  7. Newsletter 392 - 08/09/2023

    Newsletters

    decreased by 1.2 pct and imports increased by 1 pct. The export drop was led by a decrease in goods by 9.8... year, with a drop of 21 pct YoY in July, from 14.9 pct in June. The deficit came to 2.45 billion

    2%

  8. CPI maintains upwards trend with 2.7 pct rise in Aug, food inflation at 10.7 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    drops, rising by 1.6 percent. These were partially offset by a sizable drop of 12.6 percent in housing... down by 3.1 percent. In August there was a notable drop in electricity that was down 6.5 percent

    2%

  9. Credit net flows remain negative in Aug, growth at just 0.9 pct YoY
    Photo via https://flic.kr/p/MsYXsT

    EconomyMacroeconomy

    in August, after a 1.4 billion euros drop in July, with back-to-back net contraction... lending balance’s net monthly flow was negative by 319 million euros, after a drop of 1.18 billion euros

    2%

  10. Consumer confidence takes 10-point dive in September
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) recorded a drop of almost 3 points in September to 108 points, after a 0.7-point increase in August, according to European Commission figures released on Thursday... unchanged at 36.8 points, after a sharp drop of 6 points in the previous month. Services confidence

    2%