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Unemployment rate falls for second straight month, reaching 23.2 pct in July
EconomyMacroeconomyshowed the most notable drop was posted among young Greeks (15-24 years old), where the jobless rate... respectively. In contrast, the jobless rate in the 55-64 years old age group edged up by 1.6 pp... the unemployment rate to land at 23.3 percent this year and drop further by almost 2 percentage points
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CPI falls at slightly higher pace of 1 pct in September
EconomyMacroeconomythe core index declined for the third successive month by 0.2 percent after a slower drop of 0.1..., while the services’ index edged up 0.1 percent. The breakdown of September's CPI showed the most... recently projected the Greek CPI to marginally drop by o.1 percent in 2016 and rebound by 0.6 percent
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Average loan rate falls by 26 bps, time deposit rate down by 8 bps to new record low in September
EconomyMacroeconomy250,000 and 1 million euros increased by 23 bps to 5.32 percent. Despite the drop in September... loan rate rose by 21 bps to 2.75 percent, while the rate on loans to sole proprietors edged up 3... drop in the average loan rate compared to the modest decline in the average deposit rate led
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Building activity rebounds 16.6 pct in Aug, largely due to low base effect
EconomyMacroeconomycontrols. The absolute figure of permits stood at 897 in August, up from last year’s figure of 769... to a drop of 7.9 percent, while the corresponding surface and volume fell at a sharper pace of 19.8... percent in the second quarter of the year, the 29th consecutive quarter of decline. The cumulative drop
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Greek stocks rise for third consecutive week as trading increases
Economyprofit fell by 40.3 percent to 29.3 million in the third-quarter (Q3) with gross gaming revenues up 6.1... by 37 percent to 187.1 million. MIG posted a 3 percent drop in 9-month sales to 848.4 million... (NPL) reduction targets calling for a drop in the NPE and NPL stock by 40 and 50 percent respectively
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Turnover in tourism sector rebounds 2.6 pct in Q3
EconomyMacroeconomy(Q3) of 2016, rising by 2.6 percent after an upward revised drop of 1.3 percent in Q2, Hellenic... to a drop in the average expenditure per trip by 9.3 percent to 547 euros, while foreign arrivals rose... are seen ending up lower than the 2015 figure of 14.13 billion. The key reasons for the downward
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Greek stocks climb 4.3 pct on week, banks’ strong performance continues
Economywas triggered by a drop in the Greek government bond yield to 6.7 percent coupled with improved international... up to 76 million this week from 70 million in the previous week. Market news According to the Athens... posted a drop of 11.2 percent in 9-month net profits to 14.3 million. Its turnover rose by 9.7 percent
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Economic sentiment and consumer confidence rebound by more than 2 pts in Dec
EconomyMacroeconomynorth in December, gaining 2.5 points to reach -64.4, following a drop of 3.3 points in the previous... mitigated the drop of 3.1 points recorded in the previous month. In contrast, the services confidence... business indicators improved by 5 up to 15 points. In particular, the highest increase was recorded
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Greece’s M&A market stagnates during recession
EconomyFeatureschallenging economic environments. In this context, the drop in M&As within the Greek business landscape... out across 2016 in the Greek M&A market. A follow up report by EY for the first half of 2016 showed... of these deals had fallen to 0.2 billion dollars, a drop of 81 percent compared to the comparative value of 1.6
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Number of new companies registering in 2016 half of those in 2008
Economyin 2012. The negative balance in 2016 largely reflects a sharp drop in the number of new companies... in 2016 down by 41 percent from 2012, other retail (3,200 down 49 percent), tourism and travel (1,347 up... technology (ICT) saw a drop in the number of new companies by 38 and 27 percent respectively. The biggest
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