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  1. Newsletter 297 - 21/05/2021

    Newsletters

    or 7.4 percent. The number for the unemployed amounted to 714,809 in January. The drop in the number... they are classified as inactive instead of unemployed. The drop in the number of unemployed was largely due

    2%

  2. Eurobank posts Q1 net profit of 70 mln
    Image via www.eurobank.gr

    EconomyBanking

    composed of the European Central Bank’s TLTRO III loans. This led to a 3.8 billion-euro YoY drop...) ratio came to 13 percent at the end of Q1, a drop from 13.9 percent at the end of previous quarter

    2%

  3. Unemployment at 15.9 pct in February
    Photo by MacroPolis

    EconomyMacroeconomy

    employed decreased by 188,706, a drop of 4.8 percent. Total employment was 3.71 million people. ELSTAT... to 22,171 or 3.1 percent. The number for the unemployed amounted to 700,842 in February. The drop

    2%

  4. CPI rise by 0.1 pct YoY in May, turning positive on energy base effects
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    negative for the previous 13 months. December’s 2.3 percent drop surpassing the previous lowest...-alcoholic beverages, a 0.3 percent drop in alcoholic beverages and tobacco and a 5 percent fall

    2%

  5. BoG sees growth of 4.2 pct this year but warns of multiple challenges ahead
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    further strengthened by the mild drop of 2.3 pct annually seen in the first quarter, as the authorities...-in the IFRS 9 requirements, the ratios drop to 11.8 pct and 13.8 pct. The BoG notes again that the portion

    2%

  6. Economic sentiment stable in June, but consumer confidence drops
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    point on record. Retail trade showed a modest drop of 2.2 points month-on-month, staying positive..., after a drop in May by 7.2 points. Even so, compared to May last year when it hit a low of -76.1 points

    2%

  7. Retail sales soar by 38.9 pct YoY in April, a year after first lockdown
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s retail sales index jumped by 38.9 percent year-on-year (YoY) in April, following a revised drop of 2.9 percent in March, according to Hellenic Statistical Authority data released... had a modest drop of 2.2 points month-on-month, however, staying positive at 2.8 points.

    2%

  8. June CPI rises by 1 pct YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    negative for the previous 13 months. Last December’s 2.3 percent drop surpasses the previous lowest... and non-alcoholic beverages, a 0.8 percent drop in households equipment and a 1.3 percent fall in health

    2%

  9. Fitch maintains Greek 'BB' rating with stable outlook amid some lack of visibility
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    the government’s forecast that sees debt-to-GDP drop to under 190 pct by next year. This year’s growth... will be enhanced. The banks remain an ongoing vulnerability, despite the drop in the NPE ratio to 30 pct from 40.6

    2%

  10. CPI up by 1.4 pct in July as higher fuel prices and cost of electricity filter through

    EconomyMacroeconomy

    ’s 2.3 percent drop surpasses the previous lowest reading of -2.2 percent seen in July 2015... by 1.4 percent, a 0.7 percent drop in household equipment and a 2.7 percent fall in communications.

    2%