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  1. 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

    8%

  2. 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.

    8%

  3. 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

    8%

  4. Deposit flow turns positive in May with inflows of 184 mln

    EconomyMacroeconomy

    of 746 million in April. The absolute figure edged up to 137.11 billion in May, after a 13-year low... straight month by 3.86 billion euros to 95.71 billion in May. The monthly change reflects a drop... by 3.9 billion until July 6, which indicates the sharpest drop since December. The last ECB decision

    8%

  5. Unemployment rate stable at 23.5 pct in May after upward revision for April
    Photo by MacroPolis

    EconomyMacroeconomy

    reduced by 2,600, albeit at a decelerating pace compared to the drop of 16,200 posted in April.... The jobless figure fell by 9,100 to 1.12 million in May, following a notable drop by 64,200 in April... percent. It is worth noting that the youth (15-24 years old) jobless rate edged up above

    8%

  6. Trade deficit falls by 3.1 pct in June
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    with a 1.2 percent drop in exports, led the corresponding trade deficit up by 15.8 percent.... euros on the back of an 8.1 percent drop in exports to almost 12 billion coupled with a decline

    8%

  7. Credit contraction slows to 1.6 pct in July, loan deductions jump to 638 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    the slowest rate of drop over the past twelve months. Loan balances fell by more than 1 billion euros from.... The sharpest decline of 28 percent has been recorded in consumer credit, while lower drop rates were... to 108 billion at the end of 2015. According to the BoG, the NPE ratio edged up to 45.1 percent in March

    8%

  8. Greek VAT gap narrowed 22.4 pct to 4.9 bln in 2014, EC report shows

    Economy

    that the percentage point change in the Greek VAT gap is the biggest drop among all EU member states during 2014. In absolute numbers, Greek VAT revenues edged up by 0.7 percent to 12.68 billion euros in 2014... billion euros in 2014, corresponding to a drop of 22.4 percent on the 2013 figure of 6.35 billion

    8%

  9. Credit contracts by 1.7 pct in August, loans balance at its lowest since 2007
    Photo by MacroPolis

    EconomyMacroeconomy

    deductions edged up to 263 million extending the year to date negative flow to 1.93 billion. The bulk... the beginning of 2011 that led loan balances down 23 percent over this period. The most marked drop... Financial Stability Fund (HFSF) for approval their plans targeting a sharp drop in NPEs by 30-45

    8%

  10. Broadly stable rate in time deposits, corporate loan rates fall in Aug

    EconomyMacroeconomy

    Greek households’ new time deposit rate edged up by 1 basis point (bp) to 0.87 percent in August..., which is the lowest reading since 2002. Loans Corporate loan rates fell in August. The most marked drop..., the downswing in the average loan rate resulted in a drop of 5 bps in the average interest rate

    8%