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Eurosystem funding drops by 2.7 bln in June on reduced ELA liquidity
EconomyMacroeconomythe largest drop since February this year. As a result, central bank funding landed at 54.25... by 12.36 billion, mainly reflecting a drop in ECB funding by 6.63 billion, as Greek banks replaced... funding composition stayed similar to the previous month, with ELA funding making up 69.9 percent
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Unemployment at 21.7 pct in May after revised April figure
EconomyMacroeconomyby 1.9 percentage points (pp) on the back of a drop in the number of unemployed by 100,056 along with a rise in those employed by 76,295. Non-seasonally adjusted (NSA) unemployment edged up slightly... lower, declining by 1.7 pp to 18.1 percent. The most significant drop in unemployment of 5.3 pp
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Building activity drops by 5.2 pct in August
EconomyMacroeconomyBuilding permits went down by 5.2 percent in August, falling at a greater rate than the drop of 2.4... in the second quarter of 2017. This followed a revised drop of 1.7 percent in the previous quarter... confidence index edged up by 0.6 points.
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Newsletter 160 -04/05/2018
. Household savings deposits registered inflows of 357.3 million euros, picking up pace from the figure... environment. Retail sales drop by 0.4 pct in Feb Volume declines by 0.1 pct after a revised increase of 0.9... month-on-month to 73.6 in February, while volume rose by 1.3 percent to 72.6 percent. February’s drop
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Marginal increase to 20.8 pct for Feb unemployment rate
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate in February was 20.8 percent, edging up... of those who are unemployed have improved substantially since last year recording a drop of 102,296... drop (-2.9 pps) in unemployment came in the 25-34 year old age bracket, bringing the rate
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Unemployment at 20.1 percent in March
EconomyMacroeconomy. The figures of those who are unemployed continue to improve, with the latest month showing a drop..., declining by 2.2 pps year-on-year. Broken down by age group, the largest year-on-year drop (-2.9 pps.... In regional terms, the lowest rate of unemployment is found in Crete at 16.7, up by 1 percentage point since
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Industrial production falls by 1.1 pct in October, interrupting seven-month positive streak
EconomyMacroeconomy, followed by a 3 percent drop in the water supply production index and a 1.3 percent fall... and natural gas which was up by 22.3 percent. The most notable decline was noted in electrical equipment with a drop of 40 percent. The seasonally adjusted IPI dropped by 1.5 percent and came to 94.29 from
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Eurosystem funding falls by 625 mln in Mar, banknotes in circulation rise by 120 mln
EconomyMacroeconomy, staying below 10 billion for a third consecutive month. March’s figure was driven largely by a drop of 550 million euros in European Central Bank (ECB) funding, along with a smaller drop of 75 million euros... for March revealed that ECB funding made up close to 100 percent of all funding, having overtaken ELA
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CPI rises by 1 pct in April
EconomyMacroeconomycompared to March. The core index edged up by 0.5 percent in April, following a 0.4 percent rise... partially offset by a drop in prices for clothing and footwear by 1.8 percent, accompanied by a same drop in household equipment. Recreation and culture-related services followed with price drops
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NPEs down by 13 pct to 81.8 bln in 2018, but BoG highlights continuing credit risk
EconomyBanking. With the drop of NPEs outpacing the deleveraging in the system that saw loans drop by 10 percent during... in the loans of the latter category is alarming as the ratio went up from 11.3 percent in 2017 to 13.4
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