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  1. Newsletter 116 - 28/04/2017

    Newsletters

    income in Q4 reflects a slight drop in compensation of employees counterbalanced by a decrease... a drop of 1.1 points in the previous month, to stand at -72.2. This marked the first positive movement

    2%

  2. Greece agrees package of measures with IMF, eurozone to seal review
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    difference for all current main pensions, with the resulting drop in an individual pension limited to 22... to be reduced. The weighted average drop in main pensions stands at 9 percent, a Labour Minister official

    2%

  3. PMI up to 48.2 in April as new orders fall again, but outlook for year remains positive
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    Greece’s Manufacturing PMI rose by 1.5 points to 48.2 in April from 46.7 in March, Markit’s survey revealed on Tuesday. The April headline figure is the highest reading since December. It was also the eighth sub-50 reading. The latest downturn reflects a continued drop in new orders, further drop

    2%

  4. Current account deficit widens to 1.3 bln in March
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to 76.5 million from 31.3 million last year, mostly reflecting a sharp drop in travel payments by 33... receipts in particular declined by 4.8 percent to 513.2 million, partially reflecting a drop

    2%

  5. Apartment prices decrease at a sharper pace by 1.8 pct in Q1
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Apartment prices in Greece fell at a sharper pace by 1.8 percent year-on-year (YoY) in the first quarter (Q1) of 2017, following an upwardly revised drop of 1 percent in Q4 2016, Bank of Greece (BoG... and other cities dropped at a sharper pace by 2.7 and 2.8 percent, respectively. Following the QoQ drop

    2%

  6. Economic sentiment down 1.7 pts in May, consumer confidence up for second straight month
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    , bringing the year-to-date drop to 23.4 points. Industry confidence fell by 4.8 points to -10.4, which... drop of 11 points in February. In contrast, the services confidence indicator rebounded

    2%

  7. Deposit interest rates largely unchanged in April, average loan rate increases
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    area average rate of 0.42 percent. Taking into account a slight drop of 2 bps in the corporate... spread for Greek banks rose accordingly by 27 bps to 4.43 percent in April, after posting a drop

    2%

  8. General govt primary cash surplus rises to 2.6 bln in 4-month, arrears fall below 5 bln
    Photo by Panayotis Tzamaros/Fosphpotos

    EconomyMacroeconomy

    by 589 million to 24.04 billion on the back of a drop in transfers and taxes by 1.59 billion and 573... decrease reflects a drop in the Emergency Liquidity Assistance (ELA) guarantees by 119 million

    2%

  9. Unemployment rate falls to new five-year low of 22.5 pct in March
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ) on the back of a drop in the number of unemployed by 74,500, coupled with an increase in the number... that for men fell at a slower pace by 0.9 pp to 19.1 percent. The most notable drop of 3.4 pp

    2%

  10. Turnover in services sector improves slightly in Q1 2017
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    of the 14 services activities posted a drop in Q1 year-on-year, with the largest fall coming from..., the figures revealed that the largest drop since Q1 2012 came in the cleaning activities sector

    2%